3-bedroom terraced house · LE67 6LN
Under offerListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY AND VILLAGE Offered for sale with no onward chain is this mature middle terrace home which enjoys a large garden to the rear with open fields beyond.
The accommodation briefly comprises entrance hall, lounge, kitchen and rear lobby. To the first floor, three bedrooms and bathroom. Hardstanding to the front for vehicles.
The property has previously been rented out, generating an income of just over £9,000 per annum.
Great potential to create a home to personal tastes, we have included some CGI generated images within this description for inspiration.
Ibstock is a large, historically rich former mining and brick-making village in North West Leicestershire.
Situated along the A447 between Coalville and Hinckley, it offers a blend of industrial heritage and rural National Forest surroundings, featuring a busy High street largely comprising of independent businesses.
Ibstock is situated around 4 miles South of Coalville and 6.5 miles South-Aast of Ashby-de-la-Zouch. ACCOMMODATION GROUND FLOOR ENTRANCE HALL Accessed via a uPVC framed and glazed entrance door.
Stairs rising to the first floor. LOUNGE 12' 7" x 12' 1" (3.84m x 3.68m) With double glazed window to the front elevation.
Central heating radiator, KITCHEN 13' 5" x 9' 10" (4.09m x 3m) With a range of base units providing work surface, storage and appliance space.
Four ring hob, electric oven, plumbing for washing machine, single drainer sink unit with mixer tap over, two double glazed windows to the rear elevation. Rear lobby leading off.
FIRST FLOOR LANDING BEDROOM ONE 12' 7" x 9' 4" (3.84m x 2.84m) With two double glazed windows to the front elevation. Central heating radiator.
BEDROOM TWO 10' 1" x 9' 10" (3.07m x 3m) With two double glazed windows to the rear elevation. Central heating radiator.
BEDROOM THREE 9' 7" x 6' 10" (2.92m x 2.08m) With double glazed window to the front elevation. Central heating radiator. BATHROOM Comprising a suite in white of panelled bath, wash hand basin and W.C.
Opaque double glazed window to the rear elevation. OUTSIDE The property is set back from the road behind hard standing for vehicles.
Planning permission to drop the kerb in front of the property would be required to create formal parking. To the rear a good sized garden plus outbuilding.
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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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
FAQ
About Pretoria Road, Ibstock
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