2-bedroom house · LE10 0HJ
Listing removedReduced £25k (−8.8%) on 21 JunListed 214 days
Opportunity summary
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About
** viewing essential ** A well presented detached bungalow standing on a good plot with ample off road parking and a mature rear garden.
The accommodation enjoys hall with useful study off, attractive lounge with feature log burning stove, two good sized bedrooms, well fitted kitchen, shower room and separate w.c.
It is situated in a popular and convenient location, close to Hinckley town centre and its amenities.
Those wishing to commute will find easy access to the A47, A5 and M69 junctions making travelling to further afield very good.
Council Tax Band & Tenure Hinckley and Bosworth Borough Council - Band C (Freehold). Entrance Hall Having upvc double glazed side entrance door and central heating radiator.
Study (3.10m x 1.57m (10'2 x 5'2 )) Having central heating radiator, upvc double glazed windows to side and front.
Lounge (4.55m x 3.63m (14'11 x 11'11 )) Having feature log burning stove with wooden beam over, central heating radiator, coved ceiling, tv aerial point, two upvc double glazed windows to side and upvc double glazed window to front.
Inner Hall (4.50m x 1.07m (14'9 x 3'6 )) Having coved ceiling and access to the roof space.
Bedroom One (4.22m x 3.23m (13'10 x 10'7 )) Having central heating radiator, coved ceiling, tv aerial point and upvc double glazed French doors opening onto Garden.
Bedroom Two (3.33m x 3.23m (10'11 x 10'7 )) Having central heating radiator and upvc double glazed window to side.
Kitchen (3.05m x 2.90m (10 x 9'6 )) Having range of fitted units including base units, drawers and wall cupboards, contrasting work surfaces and ceramic tiled splashbacks, inset sink with mixer tap, built in oven, ceramic hob with cooker hood over, space and plumbing for washing machine, space for undercounter fridge, central heating radiator, upvc double glazed window to rear and upvc double glazed door to side.
Separate W.C. Having low level w.c., ceramic tiled walls and upvc double glazed window with obscure glass to side.
Shower Room (1.93m x 1.68m (6'4 x 5'6 )) Having double shower cubicle, pedestal wash hand basin, built in airing cupboard, central heating radiator and upvc double glazed window with obscure glass to side.
Outside There is direct vehicular access over a good sized block paved driveway with standing for several cars.
Pedestrian access to a fully enclosed rear garden with patio area, lawn, mature trees, shrubs and flower borders, well fenced boundaries and garden shed.
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 29, King Richard Road, Hinckley
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