2-bedroom detached house · LE12 9HS
Listing removedReduced £14.9k (−6%) on 20 MayListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
At around 630 square feet, this sizeable two bedroom detached bungalow occupies a generous corner plot with ample parking at the rear.
Foreman Road is an established well regarded location and this property comes both fully double glazed and gas centrally heated.
Initially on entry via a double glazed door, the hall has a cupboard that discreetly houses the hot water cylinder with shelving below.
The lounge has a dual aspect with both front and side elevation making for a light, bright and airy space. The focal point of the room is a real flame effect gas fire.
The kitchen has been refitted and has integrated appliances which include a fridge freezer, Dimplomat stainless steel electric oven and Indesit washing machine.
Base and eye level cupboards in a timber pattern finish with brushed metal handles one of which houses the Baxi central heating boiler. A tiled floor and side access door.
The main double bedroom is to the front of the property and has replacement radiator and to the rear of the property is bedroom two with matching radiator and view over the garden.
The shower room has a cubicle with sliding retracting door with Mira shower within, wash hand basin, low level WC, the walls are fully tiled, a polished metal central heated towel rail and recessed angle poised spotlighting.
Outside, at the front, a concrete path leads to the front entrance door via a metal gate and low level dwarf walling fronts the pavement.
The front and side gardens are low maintenance with pea gravel. At the rear, a paved path leads down to the rear parking section, the main garden is mainly laid to lawn with a path bisecting.
Special reference should be made to the site map to fully appreciate the plot that is on offer.
From a maintenance point of view, fascias and soffits have been replaced with uPVC ones along with guttering. The property is for sale with no upward chain.
To find the property, from Shepshed centre proceed along Charnwood Road, turn left in to Ring Fence, right in to Spring Lane 9one way) left in to Foreman Road where the property is situated on the corner of Foreman Road and Cotton Croft identified by the agent's 'For Sale' board.
EPC Rating: D Lounge 4.85m x 3.59m Kitchen 2.96m x 3.1m Bedroom 1 3.56m x 3.68m Bedroom 2 2.75m x 3.07m Shower Room 1.68m x 2.05m Parking - Off street
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Forman Road, Shepshed, LE12
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