2-bedroom terraced house · LE8 0XY
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“Step On To The Ladder” Offered for sale with 50% shared ownership and occupying a desirable position with field views on your doorstep, this well presented two-bedroom home offers an ideal purchase for those looking to step onto the property ladder!
The picturesque village of Saddington, is surrounded by stunning open countryside landscapes, countryside walks on your doorstep and a popular village Pub.
The neighbouring villages of Kibworth and Fleckney offer a variety of local amenities, and for those looking to commute, the A6 is close by providing links to Leicester, Wigston and Market Harborough.
The rent on the remaining 50% share is £404.70 with Platform Housing. The property is of a leasehold tenure with 125 years from 2021.
Entrance is gained through a contemporary composite front door, into a welcoming and generous sized entrance hall featuring a fitted door mat, a guest WC, an under-stairs cupboard and stairs rise to the first floor.
Well-presented kitchen, featuring a window to the front offering field views, a host of eye and base level units, a timber effect work-surface with a matching upstand, and one and a half bowl sink with a mixer tap and draining board.
Appliances include a single oven, a four-ring gas hob and space for a fridge/freezer and a washing machine.
Beautifully appointed living/dining room with French patio doors leading out to the south-east facing garden. The room boasts a neutral decor and ample space for both living and dining.
Guest WC comprising a chrome heated towel rail, timber effect flooring, ceramic tiled splashbacks, a pedestal wash hand basin and a low-level WC.
Stairs rise to a naturally lit first floor landing with a window to the side elevation, two storage cupboards and a loft hatch. Two well-presented double bedrooms, both in excellent decorative order.
Both rooms benefit from delightful views with the main bedroom overlooking the garden, and the second bedroom offering a countryside outlook.
Modern bathroom comprising attractive wall tiling, timber effect flooring, a chrome heated towel rail and a white three-piece suite to include a panel enclosed bath with a shower screen and shower over, a pedestal wash hand basin and a low-level WC.
Situated along a block paved cul-de-sac, set back from the road, the property boasts a neat and attractive frontage with a well-kept front garden, off road parking for up to four cars, an electric car charging point and a gate to the rear garden.
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 Orchard Court, Saddington, LE8 0XY
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