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See how verdicts work8-bedroom bungalow
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £895,000 - £950,000 Sodhis are delighted to announce that this exceptionally spacious and highly versatile property on Downing Drive, Evington, is now officially on the market.
Offering an impressive seven/eight bedrooms and a generous amount of living space, this substantial property represents an exciting opportunity for large families, multi-generational households, investors and developers seeking a distinctive home in a well-established Leicester location.
The accommodation includes three reception rooms, providing excellent flexibility for both everyday family life and entertaining.
These rooms could be arranged as formal and informal lounges, a dining room, home office, children’s playroom or additional living space, depending on the requirements of the new owner.
One of the property’s standout features is its dedicated cinema room-the perfect setting for family film nights, sporting events and entertaining guests.
The home also benefits from a very large kitchen, creating an impressive central space for cooking, dining and socialising. With seven/eight bedrooms, the layout offers considerable flexibility.
The rooms could be used as bedrooms, guest accommodation, dressing rooms, study areas or private workspaces.
This makes the property particularly well suited to a large or extended family looking for space to live comfortably under one roof.
To the rear of the property is a brick-built annexe, providing additional space and further possibilities.
Subject to any necessary consents, the annexe could potentially be used for extended family members, guests, a home office, leisure space or other suitable purposes.
The property also enjoys a private rear garden, offering a valuable outdoor area for relaxing, entertaining and spending time with family and friends.
In addition to being an impressive family residence, the property may offer significant investment and development potential.
Its substantial size, flexible layout and number of rooms could make it suitable for a range of alternative uses, including: A House in Multiple Occupation (HMO) Airbnb or short-term accommodation Serviced accommodation A hotel or guest house A residential care home Supported-living accommodation Multi-generational family accommodation A home-and-business arrangement All potential conversions, changes of use and commercial operations would be strictly subject to the required planning permission, licensing, building regulations, fire-safety standards and all other statutory approvals.
Prospective buyers must make their own enquiries with Leicester City Council and obtain independent legal, planning and professional advice before proceeding with any proposed use.
Whether you are searching for a large family home, accommodation for several generations or a property with exciting future potential, this outstanding opportunity on Downing Drive deserves serious consideration.
Open house coming soon Sodhis will shortly be announcing details of an upcoming Open House, giving interested buyers the opportunity to explore the property, appreciate the scale of the accommodation and consider the many possibilities it may offer.
Interest is expected from families, investors, developers and specialist accommodation providers. Early registration is therefore strongly recommended.
Contact Sodhis today to register your interest, request further information and be among the first to receive the Open House date and viewing details.
#LeicesterProperty #OpenHouse #PropertyInvestment #Evington #UKProperty
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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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