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See how verdicts work2-bedroom bungalow · LE17 4UL
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on an interesting development of properties for the over 55’s known as ‘Holly Lodge’, is this two bedroom retirement bungalow.
Residents here enjoy independent living but can also use the communal facilities including a lounge, laundry and communal gardens. For that extra peace of mind there is a 24 hour emergency careline.
The well presented accommodation includes an entrance hall with cloaks cupboard, lounge with patio doors opening onto an enclosed paved patio seating area, dining room/bedroom two, kitchen, principal bedroom and a shower room.
Outside, there is a driveway providing off road parking leading to a single garage and well tended communal gardens." Entrance Hall Timber entrance door with glazed panel to front aspect, loft access, built in storage cupboard, inset ceiling downlights, storage heater, communicating doors.
Lounge 4.00m (13'1") x 3.60m (11'10") Feature ornamental fire surround with electric fire, storage heater, storage cupboard, sliding double glazed patio door and side glazed panel to rear aspect, double internal doors to: Dining Room / Bedroom Two 3.31m (10'10") x 2.29m (7'6") uPVC double glazed window to rear aspect, wall mounted electric heater.
Kitchen 2.94m (9'8") x 2.39m (7'10") Fitted with a range of wall and base level units, work surfaces over, one and a half bowl sink unit with mixer tap, tiling to water sensitive areas, built in oven, hob and extractor, integrated fridge, space for washing machine, wall mounted electric fan heater, uPVC double glazed window to front and rear aspect.
Bedroom One 3.92m (12'10") x 2.93m (9'7") uPVC double glazed window to front aspect, storage heater, fitted furniture including bedside cabinet, wardrobes and overbed storage cupboards, two built in double wardrobes, communicating door to: Shower Room Fitted suite comprising low level flush w.c., wash hand basin with vanity storage, walk in shower enclosure, tiling to water sensitive areas, extractor fan, chrome ladder style towel radiator, inset ceiling down lights, obscure uPVC double glazed window to front aspect.
Garden To the front there is a block paved driveway providing off road parking and leading to the garage. Paved path to entrance door with canopy porch over and external light.
The property enjoys communal gardens and an enclosed paved patio seating area to the rear aspect. Garage With up and over door.
Miscellaneous Harborough District Council Council Tax Band C £2,170.69 Key features of the property include a part time warden, communal lounge, laundry and gardens and a 24 hour emergency careline system.
Please note that there is a service charge of approximately £309.00 payable per calendar month to First Port Retirement Property Services.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 The Hawthorns, Lutterworth, LE17
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