3-bedroom semi-detached house · LE9 9PN
Sold STCListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Popular village location and no chain - If you're looking for a spacious, semi-detached home in a quiet, village, location then look no further than this impressive, chain free, three-bedroom property with three excellent-sized bedrooms, a lovely large garden, a larger than average garage and a driveway, in the ever-popular Newbold Verdon.
The property is an excellent size, situated on a lovely plot and has so much potential for anyone looking for something to put their own stamp on.
There is a larger than average garage and driveway for your off-road parking needs and the property has a beautiful rear garden.
Entering into a hallway, downstairs accommodation also benefits from a lovely large living room which is left open to a dining area at the rear of the home.
There is a modern kitchen to the rear with matching units and plenty of worktop space, an extremely useful conservatory that provides some extra downstairs space.
Moving upstairs, you'll be greeted by two large double bedrooms and a good-sized single bedroom off of the main landing.
The first floor is rounded off with a large wet room that could easily be converted back to a bathroom/shower room if preferred.
Outside, the property comes with off-road parking in the form of hard-standing driveway in front of a larger than average garage.
There is a neat and tidy front garden on offer and the rear garden is beautiful - an excellent size with a large lawn, a garden shed and greenhouses, and there is plenty of space to sit out and enjoy the warmer weather.
Please note the property is of non-standard construction - block concrete. Please consult your mortgage advisor before submitting an offer. If you have any questions please contact Anderson Briggs.
Preston Drive is located in the lovely village of Newbold Verdon which has a choice of local convenience stores and a supermarket, a selection of eateries including takeaways and a coffee shop, as well as a doctor's surgery and a primary school.
The village is well-placed for commuting to Market Bosworth and Leicester as well as easy access to motorway links.
The area has a wide range of excellent local primary schools, as well as Bosworth Academy, the Ofsted 'outstanding' secondary school, in the neighbouring village of Desford.
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.
Area
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FAQ
About 63 Preston Drive, Leicester
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