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See how verdicts work5-bedroom bungalow · LE3 8ED
Sold STCListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning detached home - Presented in a high-spec condition throughout is this elevated, five-bedroom detached bungalow, that's ideally located on Glenfield's desired Faire Road.
Entering through the front door, you'll be greeted by a spacious entrance hallway, with access in front of you to the open plan living kitchen-diner.
This space is the hub of the home, with a central island, adequate living space and a kitchen featuring matching units, work surfaces, a range of fitted appliances and bi-folding doors opening to the rear garden.
Four of the five bedrooms are located on the ground floor, all of which are double rooms and presented to a modern standard.
There is a modern shower room and a family bathroom in similar condition to accompany the four bedrooms on this level.
Moving upstairs, there is a sizeable double bedroom/living room, that can serve as whatever suits you best. A shower room also serves as almost an Ensuite to the fifth bedroom.
Outside, there is a spacious, well-maintained garden to the rear, with an initial patio area having steps lead up to the main garden.
To the front, a spacious driveway provides off-road parking for multiple vehicles.
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
Agent & docs
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FAQ
About 54 Faire Road, Leicester
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