2-bedroom bungalow · LE7 3AD
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention first time buyers, situated on the highley desirable barley fields development in Queniborough, HomeMove are pleased to offer this two bedroomed semi-detached bungalow, that is offered on the government affordable housing scheme 106 agreement and is offered for sale at 80% of its market value.
The property is available to first time buyers only with a combined income of no more than £80,000, be their only place of residence and the property cannot be rented out.
In brief the accommodation comprises of an entrance hallway, lounge/diner, kitchen, two bedrooms and a bathroom, outside there is a well maintained low maintenance garden and a driveway providing ample off road parking.
The accommodation is entered via a glazed door with storm canopy over.
The hallway has luxury wood effect vinyl flooring, a useful built in storage cupboard and doorways giving access to the following accommodation.
The lounge/diner, has a window overlooking the side elevation, French doors leading to the rear garden, space for a dining table and an archway leading to the kitchen.
The kitchen is fitted with a comprehensive range of wall and base units with worksurfaces over, stainless steel sink and drainer unit with a mixer tap, gas hob with an extractor hood over, electric oven and grill, space for a fridge freezer, plumbing for a washing machine and a window overlooking the rear garden.
Bedroom one has a range of built in wardrobes and draws and a window overlooking the front elevation. Bedroom two has a built in wardrobe and a window overlooking the front elevation.
To the rear of the property there is a pleasant low maintenance garden with a patio seating area and gate giving access to the drive. The is a tarmacked drive to the side of the property.
General Information: Tenure: Freehold. Local Authority: Charnwood Borough Council. The agency website indicates Tax band: B. Energy Rating: B.
Paul Battisson, HomeMove Leicester: Paul joined HomeMove Estate Agents as Leicestershire’s Partner Agent in 2020 after previously managing a successful high street branch in Syston for 18 years.
Paul has built himself a fantastic reputation and client base throughout Leicestershire and is well known in Queniborough, Syston and the surrounding areas.
If you’d like a free property valuation or want to register with Paul, please get in touch.
* 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 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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
Agent & docs
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FAQ
About 15, Daisy Close, Leicester
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