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See how verdicts work4-bedroom terraced house · LE67 8QR
Under offerListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful and beautifully presented extended four-bedroom cottage, located at the top of the historic Swannington Incline, enjoying wonderful open views to both the front and rear.
This charming home offers spacious and versatile accommodation, including two reception rooms, a large open-plan kitchen/dining/living area with bifold doors opening onto the garden, four good-sized bedrooms, ground floor WC, a generous garden and ample off-road parking.
EPC Rating C Council Tax Band B Building Safety Standard construction. Mobile Signal Mobile signal strengths are strong for O2 and Vodaphone and medium for EE. Construction Type Brick built.
Existing Planning Permission None. Coalfield or Mining The agent has not been made aware of any specific mining or coalfield-related issues affecting this property.
However, prospective purchasers are advised to make their own enquiries and obtain a Coal Mining Report (where applicable) from the Coal Authority or a suitable professional to satisfy themselves as to the property’s condition and any potential mining-related risks.
Entrance Porch 1.27m x 1.27m (4' 2" x 4' 2") The property is entered via a wooden panelled door with frosted glazed windows into the entrance porch, which provides access to the utility meters and a further door leading into the first reception room.
The space offers room for coats and shoes and benefits from pendant lighting and wood effect flooring.
Reception Room One 3.10m x 3.93m (10' 2" x 12' 11") The first reception room benefits from engineered oak flooring, wooden panelling, coving to the ceiling, a feature cast iron open fireplace with stone hearth, radiator, UPVC double glazed window to the front aspect and pendant lighting.
A glazed panelled door leads through to the impressive open-plan kitchen/dining/living area.
Open Plan Kitchen Living Diner Living Area - 3.72m x 2.23m (12' 2" x 7' 4") Dining Room - 3.39m x 2.52m (11' 1" x 8' 3") Kitchen Area - 3.04m x 2.70m (10' 0" x 8' 10") The open-plan kitchen/dining/living area is a superb space for entertaining, with bifold doors opening out onto the garden.
There is vinyl flooring, pendant lighting, integrated spotlights, a large skylight, radiators to both the sitting and dining areas, and UPVC double glazed windows to the front and side aspects.
The kitchen is fitted with a range of matching base and eye-level units, ceramic sink with mixer tap, solid butcher’s block worktops with upstands, tiled splashbacks, integrated fan-assisted electric oven, separate Russell Hobbs integrated microwave oven, four-ring electric hob with extractor fan over, and space/plumbing for freestanding appliances including fridge and washing machine.
A glazed wooden door leads to the stairs and first floor landing, whilst further doors lead into the ground floor WC and second reception room.
Ground Floor WC 1.44m x 1.12m (4' 9" x 3' 8") The ground floor WC is fitted with vinyl flooring and comprises a low flush WC and hand wash basin.
The room also benefits from pendant lighting and a radiator.
Reception Room Two 3.24m x 4.21m (10' 8" x 13' 10") The second reception room/sitting room is a lovely-sized room, benefiting from a multi-fuel log burner with granite hearth, carpeted flooring, radiator, coving to the ceiling and UPVC double glazed windows to the front aspect, enjoying views over the fields beyond.
Landing The landing is carpeted and features pendant lighting. Doors lead to all four bedrooms and the family bathroom, and there is also access to the loft.
Bedroom One 3.69m x 4.13m (12' 1" x 13' 7") Bedroom one benefits from a wooden panelled feature wall, UPVC double glazed window with open views over the fields beyond, mirrored sliding wardrobes, pendant lighting, radiator and carpeted flooring.
Bedroom Two 3.73m x 3.11m (12' 3" x 10' 2") Bedroom two is another double room with UPVC double glazed window to the front aspect, radiator, fitted wardrobes, carpeted flooring and coving to the ceiling.
Bedroom Three 3.95m x 2.32m (13' 0" x 7' 7") Bedroom three is also a double room, with UPVC double glazed window to the rear aspect enjoying views over the Swannington Incline, carpeted flooring and radiator.
Bedroom Four 3.25m x 2.44m (10' 8" x 8' 0") Bedroom four has a UPVC double glazed window to the rear aspect, radiator, fitted wardrobes, pendant lighting and carpeted flooring.
Bathroom 1.65m x 2.09m (5' 5" x 6' 10") The family bathroom comprises low flush WC, pedestal wash hand basin, P-shaped bath with electric shower over, tiled flooring, extractor fan and wall-mounted radiator/towel radiator.
Outside Externally, the property enjoys an excellent-sized rear South facing garden, mainly laid to lawn, with a pathway leading to the rear gate which opens out onto former Swannington incline railway and Nature Reserve owned by Swannington Heritage Trust.
There is also a patio area, large garden shed, side gated access and off-road parking. Agents Notes This property is believed to be of standard construction.
The property is connected to mains electricity, water and sewerage. Broadband speeds are standard 3mbps and superfast 43mbps. Mobile signal strengths are strong for O2 and Vodaphone and medium for EE.
Legal Information These property details are produced in good faith with the approval of the vendor and given as a guide only.
Please note we have not tested any of the appliances or systems so therefore we cannot verify them to be in working order.
Unless otherwise stated fitted items are excluded from the sale such as curtains, carpets, light fittings and sheds.
These sales details, the descriptions and the measurements herein do not form part of any contract and whilst every effort is made to ensure accuracy this cannot be guaranteed.
Nothing in these details shall be deemed to be a statement that the property is in a good structural condition or otherwise. Purchasers should satisfy themselves on such matters prior to purchase.
Any areas, measurements or distances are given as a guide only. Photographs are taken with a wide-angle lens.
Nothing herein contained shall be a warranty or condition and neither the vendor or ourselves, Reddington Homes Ltd, will be liable to the purchaser in respect of ...
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
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FAQ
About Spring Lane , Swannington , Coalville, LE67
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