3-bedroom semi-detached house · LE67 6NG
Under offerListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY AND VILLAGE Mature semi detached home that requires a programme of modernisation and is offered for sale with no onward chain.
Accoomodation briefly comprises entarnce hall, lounge, kitchen/diner and rear lobby. To the first floor, three bedrooms and bathroom.
Externally there is a good sized garden to the rear and frontage that could provide ample off street parking, currently there is provisioin for one vehicle..
The property offers great potential to create a home to personal tastes, our CGI generated images offer some inspiration as to how the property could look.
Elizabeth Avenue is a lovely quiet cul de sac setting of similar aged and attractively presented homes.
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 With stairs rising to the first floor.
LOUNGE 14' 3" bay x 11' 11" (4.34m bay x 3.63m) With double glazed window to the front elevation.
KITCHEN/DINER 18' 9" x 9' 11" (5.72m x 3.02m) With sink unit, double glazed window to side and rear elevations, storage cupboard, door accessing the outer lobby.
REAR LOBBY Including a W.C, access to the rear garden. Door to the side elevation that leads to a useful brick built store. FIRST FLOOR LANDING With double glazed window to the side elevation.
BEDROOM ONE 12' 4" x 11' 0" (3.76m x 3.35m) With Double glazed window to the front elevation, BEDROOM TWO 11' 0" x 9' 11" (3.35m x 3.02m) With double glazed window to the rear elevation.
BEDROOM THREE 9' 8" x 7' 5" (2.95m x 2.26m) With double glazed window to the front elevation. BATHROOM Comprising a suite in white of panelled bath with electric shower over, wash hand basin and W.C.
Opaque double glazed window to the rear elevation, OUTSIDE The property is set back from the road behind an area that could provide ample off street parking, currently there is provision for one vehicle.
To the rear a good sized, enclosed garden.
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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About Elizabeth Avenue, Ibstock
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