2-bedroom bungalow · LE12 7RQ
Sold STCListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a lovely plot in a sought-after position within the well-regarded village of Sileby, Loughborough, this detached bungalow offers an excellent opportunity for buyers looking for a project with real potential.
Offered to the market with no upward chain, the property enjoys front and rear gardens, a garage, and a setting that will appeal to a wide range of purchasers.
The property was originally built as a two bedroom bungalow, although it was altered over the years to suit the previous owner’s preferences and is now arranged as a one bedroom home.
Internally, the accommodation includes an open plan lounge/diner, double bedroom, bathroom, kitchen and utility.
It does require full renovation throughout, but for the right buyer that is exactly where the appeal lies.
There is clear scope to update, improve and potentially reconfigure the layout, subject to any work required, making it an ideal purchase for someone wanting to put their own stamp on a property in a popular village location.
Properties with this sort of plot, position and potential are always in demand. With no chain and plenty of opportunity to add value, early viewing is strongly recommended.
Entrance Hall Providing access to the lounge, bathroom, bedroom and kitchen.
Lounge Area 15'0" x 10'10" (4.57m x 3.3m) This space has been opened up from what used to be the second bedroom and lounge to create an open plan feel with space for dining.
It can be easily converted back and offers a bright, versatile layout.
Dining Area 9'0" x 9'10" (2.74m x 3m) The dining area comfortably accommodates a 6 seater dining table and other furnishings.
Kitchen Area 14'4" x 9'10" (4.37m x 3m) Boasting potential and a number of ways to be arranged, the kitchen offers a rear and side facing window ensuring the space is well light.
It houses the boiler and offers wall and base level units with access out in to a utility area.
Bedroom 11'0" x 11'11" (3.35m x 3.63m) The main bedroom offers space for a double bed, wardrobe and other furnishings.
It features carpet flooring, a single radiator and window to the front aspect.
Bathroom 6'6" x 6'4" (1.98m x 1.93m) Comprising a bath, low level WC and wash hand basin with a single radiator and rear facing window.
Utility Room With plumbing for a washing machine and space for storage, the utility space also provides access to the rear garden.
Exterior The property sits on a lovely plot on the outskirts of the village. It offers off road parking in front of a single garage, a generous front garden and even better rear garden.
There is side gated access and scope for extension STPP. Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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FAQ
About Chalfont Drive, Loughborough
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