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See how verdicts work2-bedroom bungalow · LE18 4YD
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful two bedroom semi-detached bungalow occupies an attractive and private plot within a sought after residential area.
Offered with no upward chain the home is generally well presented throughout and also benefits from a small extension to the kitchen which provides room for a dining table and chairs.
This extension makes a noticeable difference when compared to many similar bungalows within the immediate area. The home is also well placed for a range of local amenities.
The Fairfield Inn and a parade of local shops that include a convenience store are within walking distance and a wider choice of services, eateries and supermarkets are available in both Wigston Magna and South Wigston both of which are a short drive or bus ride away.
Access to the bungalow is via a front door that opens to a small porch and in turn into a welcoming entrance hall, off which are two useful built-in storage/cloakroom cupboards, one of which houses the central heating system with the boiler which was replaced 8 or 9 years ago and has been regularly serviced since.
The lounge is generous and filled with plenty of natural light thanks to a large window to the front elevation and a second window to the side.
The main focal point of the room is a contemporary wall mounted feature fireplace. The lounge has ample room for sofas, armchairs and freestanding storage and display furniture.
The extended kitchen includes a range of base and wall-mounted fitted units with roll-edge work surfaces and a one and a half bowl stainless-steel sink and drainer.
There is integrated gas hob with extractor over and a built-in eye-level electric oven.
In addition, there is space for a tall fridge/freezer and under counter space and plumbing for a washing machine.
The extension provides space for a table and chairs ideal for breakfast and entertaining guests whilst preparing food. A set of French patio doors open to the garden.
The largest of two double bedrooms lies adjacent to the lounge toward the front of the bungalow.
With plenty of space for freestanding wardrobes and drawers the room also benefits from a built-in wardrobe and overhead storage. The second bedroom is versatile and benefits from a built-in wardrobe.
A window overlooks the garden. The shower room comprises of a three-piece suite including a large walk-in shower cubicle, low flush WC and pedestal wash hand basin.
To the front of the bungalow a hard standing driveway provides ample off-road parking and runs down the side of the bungalow to a detached single garage that is set back toward the rear.
The garage has light and power and provides useful additional storage/utility/workshop space.
Adjacent to the driveway is a shingle based front garden which offers further parking or is ideal for standing potted plants.
At the rear is a mature and private garden with paved patio seating area, ideal for garden furniture and a lawn which is flanked by a well-stocked planted border that add both colour and structure to the garden.
The garden also benefits from a greenhouse and potting shed situated behind the garage. This really is a fantastic bungalow with wide ranging appeal.
It is light, spacious and welcoming and internal viewing is highly recommended. Wigston is a suburb situated to the South of Leicester City Centre.
A popular local hub the main High Street provides a wide range of local shops, amenities, restaurants and eateries.
The transport links for commuters are excellent heading into and out of the city by road either by car and regularly serviced bus routes or by rail via South Wigston train station.
In addition, there are a number of reputable local schools for all age groups.
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
Agent & docs
FAQ
About 2, Gloucester Crescent, Leicestershire
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