3-bedroom house · LE10 2FT
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is currently on a scheme whereby you own 100% of the property but for only 80% of its market value!
It can only ever be resold for this 80% value and there is no rent to pay on the other 20%. Can only be sold to purchasers that have some association with Hinckley and Bosworth I.E.
Currently living or working in the area and are a non home owner. Impressive 2024 Persimmon homes built semi detached family home.
Sought after and convenient cul de sac location within walking distance of Hinckley town centre, The Crescent, train and bus station, Doctors, Dentists, leisure centre and with good access to the A5 and the M69 motorway.
Benefiting from white panelled interior doors, French doors, gas central heating and UPVC sudg. Accommodation offers entrance hallway, lounge, kitchen diner and separate WC.
Three good sized bedrooms and bathroom. Double width driveway to front and enclosed rear garden. Carpets, blinds and light fittings included.
Tenure Freehold Council tax band C Accommodation Composite and glazed front door to Entrance Hallway With vinyl flooring, radiator, stairway to the first floor, fuse box, smoke alarm and white panelled interior door to Lounge To Front (4.15 x 4.00 (13'7" x 13'1")) With radiator, TV aerial point and white panelled interior door to Kitchen Diner To Rear (5.10 x 4.09 max (16'8" x 13'5" max)) With a range of floor standing fitted kitchen units with roll edge working surface above.
Inset stainless steel drainer sink with mixer tap.
Electric oven with gas hob and extractor above with stainless steel splashback, under counter space for a washing machine, dishwasher and space for a fridge freezer.
A further range of matching wall mounted cupboard units one housing the gas combination boiler. White panelled interior door to a under stairs storage cupboard/pantry.
Vinyl flooring, UPVC sudg French doors to the rear garden and white panelled door to Separate Wc (1.45 x 1.97 (4'9" x 6'5")) With low level WC, pedestal wash hand basin with tiled splashback, radiator, vinyl flooring and extractor fan.
First Floor Landing With loft access, smoke alarm and white panelled interior door to a storage cupboard.
Bedroom One To Front (2.83 x 4.45 (9'3" x 14'7")) With radiator, thermostat for the central heating system and door to a over stairs storage cupboard.
Bedroom Two To Rear (3.09 x 2.93 (10'1" x 9'7")) With radiator. Bedroom Three To Rear (3.09 x 2.70 (10'1" x 8'10")) With radiator.
Bathroom To Side (2.08 x 1.91 (6'9" x 6'3")) With panel bath with mixer tap and electric shower attachment above with tiled surrounds and shower screen.
Low level WC, pedestal wash hand basin, vinyl flooring, radiator and extractor fan.
Outside Outside the property is nicely situated in a cul de sac set back from the road with a double width tarmacadam driveway to front with slab pathway leading to the front door.
Access down the left hand side of the property leads to the fenced and enclosed rear garden with a slab patio adjacent to the rear of the property and leading down the side to a shed.
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 23, Burgess Close, Burbage
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