2-bedroom house · LE11 3HN
Listing removedReduced £10k (−3.6%) on 8 OctListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £300,000 to £325,000** Set on the desirable Forest side of Loughborough, this 1930s detached two-bedroom bungalow offers a wealth of versatile living and sleeping accommodation, complemented by a substantial rear garden and a selection of useful outbuildings.
Ideal for buyers seeking character, space, and future potential, the property blends original period features with practical modern comforts.
To the front of the home, a driveway provides convenient off-road parking, framed by mature hedge borders and a neatly laid-to-lawn area.
A pathway leads directly to the front door, while gated side access offers a practical route through to the extensive rear garden.
Stepping inside, the welcoming entrance hall retains its beautiful original 1930s floor tiles, setting the tone for the character found throughout the property.
The bungalow offers two generously sized bedrooms, both providing comfortable and flexible sleeping space.
The well proportioned lounge is filled with natural light and features French doors opening directly onto the rear garden, creating an inviting connection between indoor and outdoor living.
The kitchen-diner is fitted with a range of wall and base units and includes a selection of integrated appliances including oven, gas hob with extractor and dishwasher.
There is also plumbing for a washing machine, and space for a freestanding fridge-freezer, offering a practical and sociable cooking space.
Completing the internal accommodation is the bathroom, fitted with a white three-piece suite consisting of a hand wash basin, WC, and a bath with shower over. Externally, the property truly excels.
The large rear garden provides an impressive outdoor environment suitable for relaxing, gardening, or entertaining.
A collection of external buildings adds further versatility, including shed for storage, an insulated wooden lodge equipped with laminated flooring, power and lighting, as well as an additional storage room.
Thirdly, there is a store room which also boasts power and lighting. These spaces offer an array of options for hobbies, workshops, home office use, or general storage.
This wonderful home presents a rare opportunity to acquire a characterful 1930s bungalow in a sought-after location, with generous outdoor space and significant potential for future enhancement.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 7, Ashleigh Drive, Leicestershire
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