4-bedroom semi-detached house · LE67 1TG
Sold STCListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mill Yard Cottage was formerly two adjoining cottages built in 1900 and knocked through to form one sizeable home approximately 15 years ago.
The property currently comprises reception hallway, lounge with multi-fuel burning stove, dining room/sitting room and fitted kitchen.
On the first floor the landing provides access to four bedrooms and two bathrooms.
A staircase rises to the second floor which has been partially converted into what could become a fifth bedroom and large walk through store room or walk-in wardrobe with access to the remainder of the loft.
Outside, the property has a large rear garden, double garage and rear store with sizeable driveway in front.
The property has been partially renovated a whilst offering ready to move into accommodation has immense scope and further potential for additional conversion and development to create a five bedroom character home.
Location Bardon Hill is situated just off the A50 between the village of Copt Oak and the town and Coalville with a full range of facilities and amenities available at Coalville.
The location is ideal for fast access to the M1, M69 and M42.
Reception Hall With access through a solid arch decorative door to front elevation into the reception hall currently used as a dining room with open-plan staircase rising to the first floor landing, uPVC glazed window to the front elevation, wood laminate flooring, two radiators and opening through to: Inner Hallway With storage recess to what was the former stairs still in situ which used to provide access to the first floor landing.
Opening through to: Kitchen With uPVC glazed window to the front elevation and solid door to the front of the property.
The kitchen comprises a range of wall and base units with laminate worktops, stainless steel sink and drainer unit, range style cooker, plumbing for washing machine and American style fridge/freezer, tiled splashbacks to the walls, tiled flooring, radiator and useful understairs storage pantry fitted with shelving and cupboards.
Door through to: Dining Room/Sitting Room A large reception room ideal as formal dining room or secondary sitting room with fully glazed with French doors opening out into the rear garden, wood effect vinyl flooring, radiator and connecting door through to: Lounge A substantial principal reception room benefiting from a dual aspect with uPVC glazing to the side elevation and fully glazed French doors into the garden.
A focal point within the room is a large multi-fuel burning stove which heats the hot water and central heating.
There is a radiator and a continuation of the high quality wood laminate flooring from the reception hall. Door back through to the reception hall.
First Floor Landing A U-shaped landing with exposed wood flooring and staircase rising to the second floor, Velux roof light flooding natural light into area, radiator and doors off to: Bedroom One Having a uPVC glazed window overlooking the rear garden and radiator.
Bedroom Two A second double bedroom also overlooking the rear garden. This double room has a uPVC glazed window, radiator and wood laminate flooring.
Bedroom Three This third double bedroom overlooks the front of the property with uPVC glazed window, wood laminate flooring and radiator.
Bedroom Four A fourth bedroom also located to the front of the property. There is a uPVC glazed window, radiator and built-in storage cupboards.
Bathroom Fitted with a three piece suite comprising panelled bath with electric shower over, wash hand basin and toilet.
There is an obscure glazed window to the side elevation and towel heater.
Second Bathroom Fitted with a three piece suite comprising panelled bath with electric shower over, wash hand basin and toilet, tiling to the walls and floor and wall mounted electric panel heater.
Second Floor Landing Having been partially converted by the current owner.
The landing has built-in open fronted cupboard for storage, door off to: Loft Room One (Originally designed to be bedroom five).
Being partially converted with two Velux windows to the front elevation with a boarded floor and partial boarding and insulation to the walls connected with power and lighting.
Loft Room Two A large walk-in store consisting of two areas with fitted shelving, connected with lighting and access to the remainder of the loft.
Outside to the Front The property has fully access rights across the gravel driveway at the front of the property and has its own substantial driveway and oversized double garage situated at the end of the plot with gated access through a sizeable L-shaped rear garden.
Outside to the Rear The property has a double width garden consisting of a walled inner courtyard garden, a large paved patio ideal for outdoor seating and summer barbecues with side gated access, beyond which is a large private and enclosed lawn surrounded by established conifers and timber fencing with access to the double garage and rear store with gated access to the driveway.
Double Garage 19' 2" x 19' 6" This sizeable double garage has an electric double door to the front elevation, uPVC personal door and window to the side elevation and a lean-to store to the rear which has two Velux windows to the rear elevation and its own side access door.
Services & Miscellaneous It is our understanding that the property is connected to mains electric, water and drainage. Heating is provided by the solid fuel buyer in the lounge.
The driveway and double garage is located to the rear of the property. There is pedestrian access to the front along the driveway owned by a neighbour.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
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.
Area
Agent & docs
FAQ
About South Lane, Bardon Hill, Coalville
Explore nearby