2-bedroom detached house · LE2 5FD
Listing removedReduced £50k (−11.8%) on 6 FebListed 332 days
Opportunity summary
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About
SUMMARY Located on a very good plot on the popular Drury lane is this detached bungalow that we feel offer will be flying in on.
Accommodation comprises porch leading into the entrance hall, open plan lounge diner, kitchen, utility room, WC, two bedrooms and bathroom, off road parking to the front.
DESCRIPTION GUIDE PRICE £375,000-£400,000. Located on a very good plot on the popular Drury lane is this detached bungalow that we feel offers will be flying in on.
Accommodation comprises porch leading into the entrance hall, open plan lounge diner, kitchen, utility room, WC, two bedrooms and bathroom, off road parking to the front and access to the garage, rear garden with plant and shrub borders.
Oadby is a suburb situated to the South of Leicester City centre. With a number of high performing local schools Oadby has always been a highly sought after location.
It has a parade of local shops coffee houses and eateries and there is also two supermarkets in close proximity.
Lying just off the A6 there are a number of excellent commuter links both in and out of the city an open countryside is never far away.
Entrance Porch Entrance Hall Ceiling light, loft access, storage cupboard, radiator, tiled flooring.
Through Lounge Diner 14' 3" x 21' 6" ( 4.34m x 6.55m ) Double glazed windows and doors, 2 x radiators, wood flooring, recessed ceiling spotlights and wall lights, power points, tv point.
Fire with surround.
Kitchen 9' 4" x 11' 10" ( 2.84m x 3.61m ) Double glazed window, radiator, tiled flooring, ceiling lighting, base and eye level cupboard, roll edge worktops, tiled splashbacks, 4 ring gas hob, extractor, double oven, double glazed window to rear, tiled flooring, one and a half sink with drainer, power points.
Utility Room 8' 1" x 12' 8" ( 2.46m x 3.86m ) Double glazed French door to rear and access to the garage, valliant boiler, radiator, ceiling light, power points, tiled flooring.
W C Low level wc, wash hand basin, double glazed frosted window, ceiling light, tiled flooring.
Bedroom 10' 10" x 15' 2" ( 3.30m x 4.62m ) Double glazed window, radiator, ceiling lighting, power points, wood flooring, fitted wardrobes.
Bedroom 11' 11" x 16' 9" ( 3.63m x 5.11m ) Double glazed window, radiator, ceiling lighting, power points, wood flooring.
Wet Room 6' 3" x 6' 11" ( 1.91m x 2.11m ) Double glazed frosted window, low level wc, wash hand basin with storage under, shower, tiled walls, heated towel rail, ceiling lighting.
Garage 9' 6" x 17' 7" ( 2.90m x 5.36m ) Up and over door, power and lighting Driveway Hard standing for several vehicles Rear Garden Mainly laid to lawn with plant and shrub borders, shingled path Outhouse 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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
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About Drury Lane, Oadby, LEICESTER
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