2-bedroom house · LE67 3LR
Listing removedReduced £10k (−8.7%) on 10 JulListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. This two-bedroom terraced house in Coalville is offered **for sale** and represents a renovation opportunity for first-time buyers and investors.
The property currently comprises one reception room, one kitchen, two bedrooms (including one double), and one bathroom. It holds an EPC rating of C and falls within Council Tax Band B.
Situated in a residential area of Coalville, the house benefits from access to local amenities, including supermarkets, everyday shops and healthcare facilities in and around Coalville town centre.
There are nearby schools catering for primary and secondary ages within the wider Coalville area, which may be of interest to families or those considering future letting potential.
Coalville offers regular bus services connecting to surrounding towns such as Leicester, Loughborough and Ashby-de-la-Zouch.
Leicester can typically be reached by bus in around 45–60 minutes, providing onward mainline rail connections to Birmingham, London and other major destinations.
For rail access, residents generally use nearby stations such as Loughborough or Leicester, both reachable by car, offering direct services across the Midlands and beyond.
The area includes nearby parks and green spaces, providing opportunities for walking and recreation.
Coalville’s local cafés, takeaways and independent shops add practical convenience for day-to-day living.
Overall, this terraced house in Coalville, requiring renovation, may appeal to buyers seeking a property to improve and personalise, or investors looking for a project in an established residential location with public transport links, nearby schools and local amenities.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QCV260048/8 Auction This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Location Coalville benefits from an excellent road network for those commuting and exceptional surrounding countryside with Bardon Hill close by offering a walk to the highest point in Leicestershire with views over the the neighbouring counties.
With popular schools within walking distance and local amenities ranging from major supermarkets to a number of excellent restaurants.
Porch Front door Lounge (4.57m x 3.12m) Stairs off to first floor Cloakroom W/C W/c and Sink Kitchen (3.15m x 2.87m) Wall and base units with worktop over First Floor First Floor Landing Bedroom (3.1m x 3.53m) Window to front elevation Bedroom (3.15m x 2.3m) Window to rear elevation Bathroom Bath with shower over, W/C and sink Outside Rear Garden Off Street Parking Floorplan
Value & comps
No previous sales on record.
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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 starting price
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 advisors 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
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FAQ
About 62, Kendrick Close, Leicestershire
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