3-bedroom property · LE18 1BQ
Listing removedListed 387 days
Opportunity summary
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About
This extended three bedroom semi-detached family home occupies a generous plot within a sought after residential area.
The accommodation is well presented throughout having been comprehensively improved by the current owners. The extension behind the garage serves to increase the size of the refitted kitchen.
The garage itself has been partly converted to create a separate utility area.
Further versatility has been provided by a clever Mezzanine level accessed from the second bedroom, which can be used as a fourth bedroom space but could also be used as a home office area.
The home is conveniently located for a wide variety of local amenities with supermarkets, leisure and medical facilities all close by.
For commuters there are excellent road links into the city of Leicester and to Junction 21 of the M1/M69.
Access to the home is via a porch which, in turn, leads though to an entrance hall, with stairs rising to the first floor landing and a useful under stairs storage cupboard.
Doors from the hallway lead through to the kitchen, utility room and lounge diner.
The lounge diner is a generous dual aspect room filled with plenty of natural light thanks to a large bay window to the front elevation and a set of sliding patio doors that open to the garden at the rear.
The current owners use the back half of the room as a lounge and he front section as a dining area which has ample room for a large table and chairs.
The kitchen has not only been refitted but is also extended behind the garage and utility room. This extension serves to significantly increase the size of the original space.
The kitchen has a range of base and wall-mounted fitted units with a high-gloss finish, roll-edge work surfaces and a stainless-steel sink and drainer.
There is an integral gas hob with extractor over and a built-it eye-level electric oven and microwave. In addition, there is an integral dishwasher and space for an American style fridge/freezer.
There is also space and plumbing for a washing machine. A back door provides an alternative access point to the garden.
The utility room is entered via a doorway under the stairs and was created through the partial conversion of the garage which runs along the side of the home.
The front part of the garage remains in place for storage. With bikes, garden tools and diy equipment all easily housed away.
The back half of the garage though has become a separate utility area with space for a tumble dryer and extra white goods if required.
To the first floor, the principal bedroom is a spacious double room again benefitting from the bay window to the front elevation.
The bedroom has plenty of space for a range of freestanding wardrobes and drawers. The second bedroom is also a double room which enjoys views over the garden.
The second bedroom also has a flight of stairs that lead up to a mezzanine level. The mezzanine has space for a double bed creating a fourth sleeping area.
The mezzanine also has room for a desk and chairs making it ideal for those who work from home.
The third bedroom is a single bedroom which again could be used as a dressing room or work space if not required as a bedroom day-to-day.
Finally, there is a refitted shower room which comprises a modern three piece white suite to include a large walk-in shower, low flush WC and wash hand basin.
To the front of the home a paved driveway provides off-road parking for three vehicles.
At the rear is a large family garden with paved patio seating area and a a lawn enclosed by tall timber panel fencing.
The garden is large enough to consider extending the home further, subject to local planning, without compromising the outdoor space.
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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Archie refurb estimate: a Pro feature
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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 15, Shackerdale Road, Leicestershire
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