2-bedroom bungalow · LE4 8JT
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Extended Two Bedroom Semi-Detached Bungalow with Garage, Landscaped Garden and Excellent Potential in a Sought-After Thurmaston Location** Situated in the popular village of Thurmaston, close to a wide range of local shops, amenities and well-regarded schools, this extended two-bedroom semi-detached bungalow presents an excellent opportunity for buyers looking to create a home tailored to their own taste and style.
The accommodation includes a spacious L-shaped lounge, a fitted kitchen, two well-proportioned bedrooms both benefiting from fitted wardrobes, and a useful utility/conservatory area to the rear.
Additional features include a partially boarded loft with lighting, offering valuable storage space, and a single garage.
Outside, the property boasts a beautifully landscaped rear garden complete with a greenhouse and garden shed, creating an attractive and peaceful outdoor space to enjoy.
While the bungalow would benefit from a programme of modernisation throughout, it offers fantastic potential and would make an ideal purchase for downsizers, first-time buyers or those seeking single-storey living in a convenient residential location.
Entrance Hall Lounge 6.2m (max) x 4.24m (max) Kitchen (3.53m x 2.89m) Conservatory/Utility (2.83m x 1.84m) Bedroom One (3.86m x 3.2m) Bedroom Two (2.88m x 2.73m) Bathroom (1.92m x 1.75m) Garage
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 37, Rutland Drive, Leicester
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