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See how verdicts work3-bedroom bungalow · LE7 9RL
Listing removedReduced £30.5k (−7.6%) on 21 JulListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Hollies Way in Thurnby , this well-maintained three-bedroom detached bungalow occupies a generous plot and offers an excellent opportunity for those seeking comfortable, well-balanced single-storey living in a quiet yet convenient location.
Built in the 1960s, the property has been carefully looked after and remains in great condition throughout.
It offers a light and airy feel, ready to move straight into, whilst still providing scope for a new owner to modernise and personalise over time.
The layout is particularly well arranged, with a clear separation between living and sleeping accommodation.
The main living space sits to the front of the property, where a spacious lounge enjoys plenty of natural light and provides a relaxing setting.
This is complemented by a separate dining room, ideal for entertaining or more formal meals, and offering flexibility for those who may wish to adapt the space to suit their lifestyle.
The kitchen is positioned just off the dining room and is fitted with a range of units and ample worktop space, creating a practical and functional environment for day-to-day use.
With direct access to the outside, it works perfectly as it is, yet also presents an excellent opportunity for reconfiguration-whether opening up into the dining room or creating a more contemporary kitchen-dining layout.
The three bedrooms are located toward the opposite side of the bungalow, creating a sense of privacy and quiet separation from the main living areas.
All three rooms are well proportioned and comfortably accommodate double beds, making the layout particularly versatile for guests, hobbies, or additional living space if required.
Built-in storage is available in places, and the accommodation is served by a shower room. Externally, the property continues to impress.
A long driveway provides extensive off-road parking for multiple vehicles and leads to a generous double garage, offering excellent storage, workshop potential, or secure parking.
The rear garden is a standout feature-generous in size and enjoying a south-east facing aspect, it benefits from plenty of natural sunlight throughout the day.
Designed with low maintenance in mind, it features a large paved terrace ideal for seating and entertaining, alongside raised sections and neatly defined borders that add interest without requiring extensive upkeep.
It’s a space that offers both practicality and enjoyment, perfect for those looking to downsize without compromising on outdoor space.
Further benefits include gas central heating (installed in 2012), an EPC rating of D, and council tax band D.
Positioned within a quiet residential area, yet within easy reach of local amenities, transport links, and the village centre, this is a home that offers a relaxed pace of living without sacrificing convenience.
Key Features Detached three-bedroom bungalow All bedrooms comfortably accommodate double beds Well-balanced layout with separate living and sleeping areas Spacious living room and separate dining room Kitchen with scope for modernisation or reconfiguration Generous south-east facing rear garden Low-maintenance outdoor space with patio and raised sections Long driveway with parking for multiple vehicles Double garage Well maintained throughout with further potential Gas central heating (installed 2012) EPC Rating D | Council Tax Band D No onward chain Parking - Driveway Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check.
An administration fee of £40 per property will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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.
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FAQ
About 3 Hollies Way, Leicester
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