4-bedroom bungalow · LE4 7SG
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents is pleased to offer this four-bedroom detached bungalow in the ever-popular Belgrave/Rushey Mead area of Leicestershire.
The accommodation comprises of a lounge, kitchen/diner and utility, four bedrooms with two having their own ensuites and a family bathroom.
Upon entering the property via the central porch, the hallway gives access to the whole property with the main living area to the left and to the front.
At the very rear of the property and occupying the full width of the house is the kitchen diner that is fitted out with a range of wall and base units including a breakfast bar and housing several built-in appliances including an oven, hob and extractor over.
There is further space and plumbing available as required for other appliances. To the other side of the kitchen is the dining area and both areas of the kitchen are flooded with natural day light.
Off the hallways are all four bedrooms and each can quite easily be described as a double with two having their own ensuite shower rooms.
Tucked away and as an added benefit is a separate utility room.
Outside to the rear is a larger than expected rear garden mainly laid to lawn and with a huge, slabbed patio that gives access to a rear garage.
To the front there is off street parking for a couple of vehicles.
Situation: Located in one of Leicestershire's most sought-after residential areas, it is well-established and extremely popular due to its local schooling and excellent bus links.
Leicester town centre is around 2 miles away, with many extra shopping facilities and entertainment areas.
Leicester Railway Station also offers mainline connections to major cities, including London, Birmingham, and Manchester.
For school admissions, please get in touch with General Information: Tenure: Freehold. Local Authority Leicester City The agency website indicates Tax band: E. Energy Rating: tbc.
George Cupac, HomeMove Leicester South: Offering more than 17 years of Estate Agency and financial service experience, George’s property industry background and knowledge allows him to offer accurate valuations, local property market advice and a wide range of property services throughout the South of Leicestershire.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
* Please note this property is being sold via a third party and the details of this property have not been checked by the current owners.
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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FAQ
About 53, Oakland Avenue, Leicester
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