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See how verdicts work2-bedroom bungalow · LE7 3UJ
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated at the head of a quiet cul-de-sac within the highly sought-after Rearsby Gardens over-60s retirement development, this well-presented two-bedroom detached bungalow enjoys a wonderful position overlooking a mature front lawn with attractive trees, whilst benefitting from a private rear garden backing directly onto the village playing fields.
A tarmac driveway provides off-road parking and leads to the integrated single garage, creating an attractive first impression.
Stepping inside, the welcoming entrance hallway offers practical storage along with internal access to the garage.
An airing cupboard houses the modern gas-fired boiler whilst providing additional storage space.
The spacious lounge is positioned to the front of the property and is filled with natural light from the attractive bay window.
Offering ample room for comfortable seating, it provides the perfect space to relax or entertain family and friends.
To the rear of the property, the fitted kitchen/dining room enjoys pleasant views over the garden and offers an excellent range of wall and base units, generous worktop space, an integrated electric oven with gas hob and extractor, together with space for a washing machine and fridge freezer.
There is also plenty of room for a dining table, making it ideal for both everyday living and entertaining. A glazed rear door provides direct access onto the garden.
The principal bedroom overlooks the rear garden and is an excellent-sized double, comfortably accommodating wardrobes, bedside furniture and a dressing table.
Bedroom two enjoys views to the front and is a generous single room, equally suited as a guest bedroom, home office or hobby room.
The shower room has been tastefully modernised and features a contemporary double walk-in shower, wash hand basin, WC and stylish tiling.
Outside, the rear garden has been designed with ease of maintenance in mind, offering a patio seating area, decorative stone borders, established shrubs and planting, together with a useful garden shed.
A side gate provides access to the front of the property, whilst the rear boundary enjoys a delightful outlook across Rearsby playing fields, creating a peaceful and private setting.
The property is leasehold with a 999-year lease, with approximately 960 years remaining.
There is a service charge of £160 per calendar month, reviewed annually, which includes the buildings insurance. Owners are responsible for arranging their own contents insurance.
Located within the desirable location of Queniborough, the development offers a peaceful community setting whilst remaining well connected to Leicester, Melton Mowbray and Loughborough.
The village itself is well regarded for its welcoming atmosphere, countryside walks and local amenities, making this an excellent opportunity for those seeking comfortable retirement living.
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 25, Primrose Way, Leicester
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