2-bedroom bungalow · LE18 1HZ
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unfurnished two bedroom detached bungalow situated in a quiet cul-de-sac position, just off Welford Road, being ideal for the city centre and motorway junction.
The property has gas central heating, double glazing and has been painted throughout.
It comprises entrance porch, open plan lounge/dining area, which will have newly fitted carpets, kitchen with built in oven and hob, inner lobby to two double bedrooms with laminate flooring, the master bedroom having built in wardrobes, shower room with shower enclosure (no bath).
The property has front and enclosed rear gardens, driveway and garage (suitable for storage use, rather than a car) It is available approximately end of August.
Rent £1100.00 pcm Exclusive of all outgoings Tenancy Deposit £1269.00 Holding Deposit £253.00 Council Tax band C EPC Rating C Broadband/mobile coverage can be checked by visiting :
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
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FAQ
About 2 Milverton Close, Milverton Close, Wigston
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