2-bedroom bungalow · LE8 5SE
For saleReduced £10k (−3.6%) on 5 SepListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive two bedroom detached bungalow in the sought after village of Countesthorpe.
Offered with no onward chain and competitively priced, it provides well laid out accommodation throughout and an early viewing is highly recommended to avoid disappointment.
In brief the bungalow comprises of entrance porch with store, welcoming entrance hall with store, good size lounge with dual aspect windows, rear dining area (former kitchen) leading to galley kitchen and rear conservatory with double doors to the rear.
There are two generous double bedrooms both with built in wardrobes and a family shower room/WC.
Externally to the front is a pretty lawn area with lavender and rose borders, a driveway provides car standing and gives access to the detached single garage with up/over door and side privacy door.
There is side gated access leading to the rear patio garden which leads around into the feature side garden area designed for ease of maintenance with gravel display area, fence surround and further gated access to the front.
EPC ratings awaited, Council tax is band D.
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 12, Gwendoline Drive, Leicester
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