2-bedroom bungalow · LE67 9SA
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Dream detached bungalow - Fall in love with this two-bedroom detached bungalow, located on the outskirts of Markfield.
Close to all amenities and bus routes this over 55s accommodation defines stress-free living. The property was built in 2022 and features stunning fixtures and fittings throughout.
Pinewood View There are 10 newly built bungalows on the development, 6 of which are already occupied.
Constructed in partnership between revered local developers Carrelli Homes and Keller Construction, the properties are being built to excellent specifications and have 10-year warranties.
They afford private driveways, gardens, and beautiful modern interiors. Each plot is offered as Leasehold with a 999-year lease.
The management fee of around £2,000 per annum includes building insurance, green space and site management, window cleaning, external lighting, the use of the communal clubhouse and an on-site warden for peace of mind..
Location The site is positioned with easy access to the villages of Markfield and Ratby, with an excellent array of services and amenities in both including public houses, eateries, a chemist and a doctor's surgery.
There is easy access to Leicester, Loughborough, and further afield to Nottingham, Derby, and Birmingham via the A46/M1 road network.
The Hawthorn has been designed with space and practicality in mind. All the rooms are well proportioned with ample storage throughout.
Internally the property consists of two good size double bedrooms with space for free-standing furniture.
The bungalow benefits from a large lounge/diner and a separate kitchen with space for a dining room table.
The kitchen includes a Bosch oven, hob, and extractor hood, along with an integrated dishwasher.
The bathroom has been fitted out to an exceptionally high specification with a walk-in 2.2-metre shower, luxury floating vanity unit, and toilet.
The development is restricted to those over 55 and will form part of the existing retirement village.
Residents will benefit from warden-assisted living, access to the village's social club, and all external maintenance will be covered by the retirement village.
This offers complete hassle-free living.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 3 Hill View, Markfield
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