2-bedroom bungalow · LE9 6WB
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retire in Style – 75% Shared Ownership A fantastic opportunity to purchase a 75% share of this well-presented two-bedroom bungalow, situated within this popular over-55s retirement complex.
The property offers generous and well-proportioned accommodation throughout, comprising an entrance porch, welcoming entrance hall, spacious lounge, fitted kitchen, two good-sized bedrooms and a bathroom.
Further benefits include UPVC double glazing and gas-fired central heating, providing a comfortable and practical home.
The property is also conveniently located within easy reach of local shops and a doctors’ surgery, making it an ideal choice for those looking for a comfortable and convenient retirement lifestyle.
With its excellent accommodation, desirable location and over-55s setting, this is an opportunity not to be missed. Book your viewing today!
Building Safety None that we are aware of Mobile Signal Multiple choices of mobile/broadband signal Existing Planning Permission None that we have been made aware of Coalfield Or Mining None Entrance Porch 2' 10" x 2' 10" (0.86m x 0.86m) UPVC double glazed door to the front aspect, giving access to the hallway.
Hallway 11' 11" x 3' 06" (3.63m x 1.07m) Built in airing cupboard and radiator.
Lounge 12' 01" x 14' 03" (3.68m x 4.34m) UPVC double glazed window to rear and side, UPVC double glazed door to rear aspect, radiator and electric fire.
Fitted Kitchen 8' 04" x 7' 10" (2.54m x 2.39m) UPVC double glazed window to side aspect, boiler, fitted with a range of wall and base units, with built in sink/drainer, oven, hob, extractor, plumbing for washing machine and space for freestanding fridge/freezer.
Bedroom One 10' 01" x 9' 10" (3.07m x 3.00m) UPVC double glazed window to front aspect and radiator.
Bedroom Two 10' 05" x 13' 07" (3.17m x 4.14m) UPVC double glazed window to the front aspect and radiator.
Shower Room 8' 04" x 6' 01" (2.54m x 1.85m) UPVC double glazed window to front aspect, being fitted with three piece suite comprising, low level wc, hand wash, walk in shower cubicle and heated towel rail.
Gardens There are peaceful well maintained private gardens surrounding the bungalow which adds to its charm of easy living with a built in shed and external cupboard.
Additional Notes Council tax band A (Harborough District Council) Standard Brick Construction Tiled Roof Connected to mains gas/water/electric/sewerage Multiple Choice for Broadband/phone signal No flood risks that we are aware of 75% Shared Ownership Property with Platform Homes Over 55's Lease: 189 years from 1st July 1991 Service Charge: £77.39PCM
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
FAQ
About 7, Gladstone Mews, LEICESTER
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