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See how verdicts work3-bedroom detached house · LE17 4TQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three bedroom detached property, located in a popular residential area, presents an exciting opportunity for buyers seeking a renovation project, offering the potential to extend and modernise, making it an ideal purchase for investors or buyers looking to create a home tailored to their own tastes.
The property benefits from a driveway providing off road parking for several vehicles in addition to an integral single garage, offering further storage or scope for conversion (Subject to obtaining planning permission).
Conveniently situated close to Lutterworth town centre and all its amenities.
Location - Lutterworth is a pretty market town just seven miles north of Rugby in the Harborough district of Leicestershire.
It offers great access to the road network including the M6/A14, M1, M69 and the A5, as well as the Magna Park distribution centre. It is 6.8 miles north of Rugby and 15 miles south of Leicester.
The town offers many amenities including an abundance of shops, ranging from independent retailers to national chains, and supermarkets, including Morrisons and Waitrose.
There are numerous restaurants, pubs and wine bars and hotels including a traditional coaching inn.
The schooling in Lutterworth is very popular with a number of highly regarded schools including Lutterworth High School and Lutterworth College.
Ground Floor - Upon entering the property, you are welcomed via a useful porch area, ideal for coats and shoes, which leads directly into a bright and generously proportioned sitting room.
This inviting living space is enhanced by large front facing windows, affording plenty of natural light, and is centred around a gas fireplace, creating a focal point for the room.
The sitting room opens through to a dining area, providing an excellent layout for both everyday family living and enjoys direct access to the rear garden via sliding patio doors., The kitchen offers ample space for redesign and modernisation.
Currently fitted with a comprehensive range of kitchen units with work surfaces and a sink positioned to overlook the garden, the space lends itself well to reconfiguration.
From the kitchen, there is access to a downstairs cloakroom, the integral garage, and a rear door providing further access to the garden.
First Floor - The spacious landing is flooded with natural light from a large window, with doors leading to three well proportioned double bedrooms and the family bathroom.
The principal bedroom is located to the front and benefits from built-in wardrobe space, while the second bedroom overlooks the rear garden.
The third bedroom, also a double, is positioned to the front of the property. The family bathroom comprises a bath with shower over, wash basin with vanity unit, and WC.
There are two additional storage cupboards located on the landing, ideal for use as airing cupboards or general storage. There is also access to the loft space.
Outside - The south-east facing garden benefits from a good degree of natural sunlight throughout the day and features a patio seating area, ideal for outdoor dining, along with convenient side access to the front of the property.
The garden is mainly laid to lawn with mature planted borders, and also includes a greenhouse. Local Authority - Harborough District Council. Tel:01858-828282. Council Tax Band - C.
Viewing - Strictly by prior appointment via the selling agent Howkins & Harrison. Contact Tel:01455-559203.
Fixtures And Fittings - Only those items in the nature of fixtures and fittings mentioned in these particulars are included in the sale. Other items are specifically excluded.
None of the appliances have been tested by the agents and they are not certified or warranted in any way.
Services - None of the services have been tested and purchasers should note that it is their specific responsibility to make their own enquiries of the appropriate authorities as to the location, adequacy and availability of mains water, electricity, gas and drainage services.
Floorplan - Howkins & Harrison prepare these plans for reference only. They are not to scale.
Important Information - Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed.
In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained.
If there is any point, which is of particular importance let us know and we will verify it for you. These particulars do not constitute a contract or part of a contract.
All measurements are approximate. The fixtures, fittings, services and appliances have not been tested and therefore no guarantee can be given that they are in working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Greenacres Drive, Lutterworth
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