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See how verdicts work2-bedroom bungalow · LE7 9UG
Sold STCReduced £45k (−13%) on 26 OctListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a generous plot in the highly sought after village of Scraptoft, this detached bungalow presents a fantastic opportunity for buyers looking to create a home tailored entirely to their own taste.
Requiring a programme of modernisation throughout, the property offers excellent proportions, a flexible layout and enormous scope to renovate.
Whether you are searching for your forever bungalow, a rewarding renovation project or an investment in a prime residential location, this is a property with exciting potential.
The accommodation centres around a spacious lounge diner, flooded with natural light from windows to both the front and side elevations.
The adjoining kitchen enjoys direct access to the rear garden and provides an excellent opportunity to create a stylish open plan family space, should a purchaser wish.
There are two generous double bedrooms, with the principal bedroom benefiting from fitted wardrobes and its own en-suite wet room. A separate family bathroom completes the internal accommodation.
Outside is where this home truly comes into its own. Occupying a generous plot, the garden presents a wonderful blank canvas for the next owner.
Established planting, patios, raised vegetable beds, a greenhouse and workshop all remain in place, offering the foundations for an exceptional outdoor space.
There is ample off road parking together with a detached garage.
A particularly useful feature is the additional vehicular access to the rear of the property via Springbrook Drive, providing excellent practicality and further flexibility for future landscaping, garaging or improvement works.
Location is another major attraction. Scraptoft continues to be one of Leicester's most desirable villages, offering the perfect balance of peaceful surroundings and everyday convenience.
Highly regarded primary schooling is close by, Leicester General Hospital is only a short drive away, and Leicester city centre is easily accessible, making this an ideal location for families, professionals and those looking to enjoy village living without sacrificing connectivity.
Countryside walks, local amenities and a welcoming community all add to the area's enduring appeal.
Properties with this level of potential, generous garden and detached accommodation are becoming increasingly difficult to find.
Offered to the market with no upward chain, this is a rare opportunity to create something truly special in one of Leicestershire's most sought after village locations.
Agent note: The deeds mention that there is a restriction for no commercial use. Services: Mains water, gas, electric, drainage and broadband are connected to this property.
Available mobile phone coverage: EE (Okay) O2 (Okay) Three (Good) Vodaphone (Okay) (Information supplied by Ofcom via Spectre) Available broadband: Standard / Superfast / Ultrafast (Information supplied by Ofcom via Spectre) Potential purchasers are advised to seek their own advice as to the suitability of the services and mobile phone coverage, the above is for guidance only.
Flood Risk: Very low risk of surface water flooding / Very low risk river and sea flooding (Information supplied by gov.uk and purchasers are advised to seek their own legal advice) Tenure: Freehold Local Council / Tax Band: Charnwood Borough Council / D (Improvement Indicator: No) Floor plan: Whilst every attempt has been made to ensure accuracy, all measurements are approximate and not to scale.
The floor plan is for illustrative purposes only.
DIGITAL MARKETS COMPETITION AND CONSUMERS ACT 2024 (DMCC ACT) The DMCC Act 2024, which came into force in April 2025, is designed to ensure that consumers are treated fairly and have all the information required to make an informed purchase, whether that be a property or any other consumer goods.
Reed & Baum are committed to providing material information relating to the properties we are marketing to assist prospective buyers when making a decision to proceed with the purchase of a property.
Please note all information will need to be verified by the buyers' solicitor and is given in good faith from information obtained from sources including but not restricted to HMRC Land Registry, Spectre, Ofcom, Gov.uk and provided by our sellers.
ANTI-MONEY LAUNDERING CHECKS In accordance with Anti Money Laundering laws including the Proceeds of Crime Act 2002, The Terrorism Act 2000, The Money Laundering Regulations 2017 and the Bribery Act 2010 we are required to conduct anti-money laundering checks on all clients selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Hipla via their online portal once you have had an offer accepted on a property.
The cost of these checks is £25 (incl. VAT) per person, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Hipla, and is non-refundable.
We will receive some of the fee taken by Hipla to compensate for our role in the provision of these checks.
EPC Rating: D Lounge 3.6m x 3.6m 3.6m plus bay x 3.6m plus bay Dining room 3.6m x 3.6m Kitchen 3.5m x 4.3m Bedroom 3.3m x 5.9m Bedroom 3.4m x 3.7m Parking - Garage Parking - Driveway
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 Station Lane, Scraptoft, LE7
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