3-bedroom house · LE19 2DH
Listing removedReduced £15k (−5.7%) on 2 JulListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom detached bungalow in the highly sought after village of Narborough. Ideally located with access to Limes Medical Centre, Narborough Train Station and the M1/M69 motorway network.
In need of improvement the property offers a great opportunity to improve and design to your own requirements, subject to consents.
In brief the bungalow comprises of entrance porch, entrance hall, lounge with folding doors leading to a rear garden room area with sliding patio doors leading out to the garden.
The kitchen is a good size space with store cupboards, side window and access to the rear porch and store.
To the front of the property are three bedrooms and the property is completed by a family bathroom. The property has a gas fired central heating system and majority double glazing.
Externally the property sits in a nice plot position close to the head of Princess Street and has a raised front garden area mainly laid to lawn with borders and a side block paved driveway providing off road parking.
The rear garden has a patio area, lawn fence sides and rear gate leading to the garage block to the rear. Offered with no onward chain, early viewing recommended.
Living Room 13' 5" x 11' 6" (4.09m x 3.51m) Garden Room 11' 6" x 5' 0" (3.51m x 1.52m) Kitchen 13' 1" to front of store x 9' 5" red to 6'7" (3.99m x 2.87m) Bedroom 1 11' 5" x 10' 11" (3.48m x 3.33m) Bedroom 2 10' 4" max x 9' 11" red to 6'6" (3.15m x 3.02m) Bedroom 3 9' 4" x 9' 3" (2.84m x 2.82m)
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 25, Princess Street, Leicester
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