1-bedroom bungalow · LE5 2JB
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented one bedroom bungalow in this sought after location off Scraptoft Lane. An ideal retirement or downsize property, an internal comes highly recommended to appreciate the style and layout.
In brief the accommodation comprises entrance porch, 14ft living room with front window and rear access to the small garden room with sliding doors leading to the rear.
The inner entrance hall leads to the front double bedroom, shower room/wc and the rear kitchen is fitted with a range of base and wall units and has an access door to the rear.
The property further benefits from gas fired central heating system and double glazing. To the rear of the property is a patio area and two useful stores. EPC rating is D and Council tax is band A.
Living Room 14' 0" x 10' 6" (4.27m x 3.20m) Garden Room 7' 9" x 4' 11" (2.36m x 1.50m) Kitchen 7' 11" x 7' 4" red to 5'7" (2.41m x 2.24m) Bedroom 11' 0" x 10' 11" max red to 9'5" (3.35m x 3.33m)
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 59, Sextant Road, Leicester
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