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See how verdicts work2-bedroom bungalow · LE67 9RW
Sold STCReduced £15.1k (−9.7%) on 5 AugListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well maintained and scenic development purpose built for those over 55 years of age comes offered for sale a two bedroom bungalow.
Although in need of modernisation and renovation this offers a lot of potential and in brief benefits from an Entrance hall, living room, conservatory, kitchen, two bedrooms and a shower room.
Outside there are well maintained communal gardens, seating areas and social room as well as there being an allocated Garage within a communal block.
Entrance Hall A spacious entrance hall with an electric store heater, power point, airing cupboard, fitted cupboard and doors that lead to: Living Room (4.01m x 3.56m (13'2 x 11'8)) Having an electric store heater, power points, window and door to the rear aspect giving access to the Conservatory and a door that leads to: Kitchen (2.97m x 1.83m (9'9 x 6')) There are a range of wall and base units and work surfaces, sink with a mixer tap and drainer, integral oven, hob and extractor, power points and a window to the rear aspect.
Bedroom (4.06m x 2.90m (13'4 x 9'6)) Benefiting from windows to the front and side aspects, power points and an electric store heater.
Bedroom (2.97m x 2.79m (9'9 x 9'2)) Having a window to the rear aspect, power points and an electric store heater.
Shower Room Comprising a low level WC, wash hand basin, walk in shower, window to the front aspect and a heated towel rail.
Garage (4.27m x 2.44m (14' x 8')) Located within a communal block and benefiting from an up and over door.
Lease Information We have been informed of the following: Service Charge: £2,347 per annum Ground Rent: £35 per annum Conservatory licence: £75 per annum Markfield Retirement Village This fantastic complex is surrounded by accessible countryside and if walking is your favourite occupation there are a variety of public footpaths including the Leicestershire Round, many Conservation areas and the famous historic Bradgate Park nearby.
Markfield Village The village benefits greatly from being surrounded by easily accessible countryside.
There are a variety of public footpaths radiating out from the village - including the "Leicestershire Round", which passes along Main Street.
To the north-western side of the village lies the Hill Hole Nature Reserve.
Markfield has Chinese and Indian takeaways, a fish and chip shop, a newsagent, Just Naturally Healthy - an independent shop selling organic produce, a Co-Operative Supermarket (which is being extensively altered and made bigger) a financial advisory office and a gp surgery Viewings We always like any potential purchaser to follow our four steps 1) Read property description 2) Look at Floorplan 3) Watch our virtual viewing video 4) Please provide and assist proof of affordability After these stages, we are happy to arrange a viewing suitable to both purchaser and vendor.
Measurements & Viewings Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property.
Floor plans are produced for guidance only and are not to scale.
Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.
Money Laundering In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g.
Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc).
We ask for your cooperation in this matter as this information will be required before a sale can be agreed. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Judge Estate Agents limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 6, Birch Close, Markfield
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