3-bedroom bungalow · LE17 4QD
No longer listedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Clarke Properties is delighted to present this beautifully renovated 3-bedroom bungalow, situated in the tranquil cul-de-sac of Meriton Road, Lutterworth.
This exceptional home boasts an open-plan kitchen diner, bathed in natural light from three large patio doors and a skylight, creating a bright and inviting space perfect for family meals and entertaining.
At the front of the house, you'll find a cosy snug, ideal for relaxation, and a dedicated home office, providing a perfect space for work or study.
The ground floor also features a spacious double bedroom and a well-appointed family bathroom. Upstairs, the master double bedroom comes complete with an en-suite, offering privacy and comfort.
Additionally, there is a single child’s room, perfect for a young family member. The outdoor space has been fully renovated to match the high standard of the interior.
It includes a patio area, raised flower beds, a well-maintained lawn, and a single garage, providing ample space for outdoor activities and storage.
This lovely bungalow will be available from mid-May, and pets are considered. Don’t miss the chance to make this wonderful property your new home.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Meriton Road, Lutterworth
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