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See how verdicts work3-bedroom bungalow · LE9 2HN
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hampsons are delighted to present to the market with the benefit of no upward chain, this mature and spacious three double bedroomed detached dormer bungalow, occupying a sizeable plot with large and well tended rear gardens.
The property has been well looked after in its previous ownership and represents the perfect opportunity for someone to move in and extend/improve over time as they see fit (subject to planning).
The property is located in the popular village of Kirby Muxloe and is within easy walking distance of a shopping precinct with a number of retail and beauty outlets and a coffee shop.
The internal accommodation comprises in brief; a spacious and welcoming entrance hall with an imposing open tread staircase with wrought iron balustrades rising to the first floor.
From the hallway there are doors off to a generous ‘L’ shaped lounge/diner with a feature fireplace and a set of patio doors giving access to the garden.
The kitchen is fitted with a range of wall and base units with integrated oven and hob and space for a selection of appliances. Beyond the kitchen is a dining area with charming garden views.
There are two ground floor bedrooms, both being able to accommodate double beds with the master being particulary commodious, with ample space for a range of freestanding bedroom furniture.
Also on the ground floor is a family bathroom comprising a panelled bath with shower over, pedestal wash hand basin and a separate WC.
We consider that it would also be fairly straightforward to create an en-suite shower room to the master bedroom subject to building regulations being met.
To the first floor there is a landing with a large walk-in storage area off and there is a door to a third double bedroom with a range of built in wardrobes.
Externally, the property features a gravelled driveway for several cars with a planted border.
There is a brick built garage and utility room to the side and there is gated access to the rear gardens, which are laid out in various sections, with a lawned area with well stocked borders, a patio with a grapevine covered pergola, a timber summer house and an orchard area to the bottom of the garden.
Please note that with all properties, we do not guarantee the existence of building regulation certification or planning permission with regard to any extensions or alterations carried out, particularly where such extensions and alterations are historic.
Potential purchasers should seek legal advice from their chosen conveyancer in this respect.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 10 Cherry Tree Avenue, Leicester
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