3 Bed Detached House, Planning Permission, Leicester, LE4 9NG, £265,000

1 Bleasby Close, Leicester, LE4 9NG - 10 months ago

Leasehold
Planning
ROI: 2%
74 m²
+9 photos

ValuationOvervalued

Sold Prices£88K - £456K
Sold Prices/m²£1.3K/m² - £4.4K/m²

 

 

Square Metres

74 m²
Price/m²£3.6K/m²

Value Estimate

£211,960

 

 

End Value (After Refurb)

£239,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£29,221

Bridging Loan Interest

£6,956

Total Cash In

£114,077

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£239,000

Mortgage (After Refinance)

£179,250

Mortgage LTV

75%

Cash Left In

£114,077

Equity

£59,750

Rent Range

£900 - £1,400

Rent Estimate

£1,162

Running Costs/mo

£999

Cashflow/mo

£163

Cashflow/yr

£1,953

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £88K to £456K, average is £236K. £1.3K/m² to £4.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£215K04/210.06 mi13, Cheney Road, Leicester LE4 9ND3
£88K11/200.06 mi36, Cheney Road, Leicester LE4 9ND3
£135K11/200.07 mi41, Manston Close, Leicester LE4 9NA3
£225K12/210.12 mi2, Tilbury Crescent, Leicester LE4 9HH3
£320K10/220.15 mi38, The Roundway, Leicester LE4 9JY3
£456K11/220.16 mi46, Barkbythorpe Road, Leicester LE4 9JA3
£220K01/210.16 mi63, Christopher Drive, Leicester LE4 9FX3
£309K10/220.17 mi35, Verdale Avenue, Leicester LE4 9TH3
£225K10/210.19 mi56, Barkbythorpe Road, Leicester LE4 9JA3
£330K02/230.19 mi26, Barkbythorpe Road, Leicester LE4 9JA3
£252K03/210.19 mi24, Verdale Avenue, Leicester LE4 9TG3
£290K01/230.21 mi3, The Roundway, Leicester LE4 9JZ3
£250K03/210.23 mi1, Paul Drive, Leicester LE4 9FY3
£210K06/210.25 mi7, Hill Rise, Leicester LE4 9TD3
£230K02/210.26 mi30, Hill Rise, Leicester LE4 9TB3
£305K12/200.29 mi340, Humberstone Lane, Leicester LE4 9JP3
£286K11/210.32 mi253, Humberstone Lane, Leicester LE4 9JR3
£220K02/210.32 mi243, Humberstone Lane, Leicester LE4 9JR3
£209.9K06/210.51 mi23, Moulton Road, Hamilton, Leicester LE5 1BS3
£255K03/230.52 mi14, Hartshorn Close, Thurmaston, Leicester, Leicestershire LE4 8LL3
£345.7K06/230.62 mi3, Southdown Drive, Thurmaston, Leicester, Leicestershire LE4 8HS3
£220K05/210.63 mi151, Trevino Drive, Leicester LE4 7TR3
£220K12/200.63 mi182, Trevino Drive, Leicester LE4 7TR3
£280K11/210.64 mi162, Humberstone Lane, Thurmaston, Leicester, Leicestershire LE4 8HG3
£197K02/210.66 mi39, Ivydale Road, Thurmaston, Leicester, Leicestershire LE4 8NF3
£245K04/230.67 mi17, Westdown Drive, Thurmaston, Leicester, Leicestershire LE4 8HU3
£163K11/200.68 mi80, Parkdale Road, Thurmaston, Leicester, Leicestershire LE4 8JR3
£202K05/210.7 mi21, Speedwell Drive, Hamilton, Leicester LE5 1UH3
£212K01/210.74 mi140, Dovedale Road, Thurmaston, Leicester, Leicestershire LE4 8ND3
£217K11/200.74 mi8, Lyndale Close, Thurmaston, Leicester, Leicestershire LE4 8JL3
£205K12/220.74 mi34, Foxton Road, Hamilton, Leicester LE5 1AY3
£240K06/210.75 mi28, Padstow Road, Leicester LE4 9FJ3
£240K06/210.75 mi28, Padstow Road, Leicester LE4 9FJ3
£220K03/210.8 mi19, Lydford Road, Leicester LE4 9FB3
£225K12/200.8 mi23, Lydford Road, Leicester LE4 9FB3
£300K02/210.8 mi12a, Badminton Road, Leicester LE4 7RQ3
£225K12/200.81 mi75, Roseneath Avenue, Leicester LE4 7GU3
£190K05/230.81 mi88, Columbine Road, Hamilton, Leicester LE5 1UG3
£220.5K12/200.81 mi19, Dovedale Road, Thurmaston, Leicester, Leicestershire LE4 8NA3
£266K05/210.85 mi4, Wentbridge Road, Leicester LE4 7ZJ3
£280K03/230.86 mi20, Townsend Close, Leicester LE4 7RW3
£265K04/210.86 mi3, Wetherby Road, Leicester LE4 7ZH3
£350K03/230.86 mi36, Wetherby Road, Leicester LE4 7ZH3
£312K07/210.87 mi67, Church Hill Road, Thurmaston, Leicester, Leicestershire LE4 8DF3
£210K12/220.88 mi82, Edgehill Road, Leicester LE4 9ED3
£310K01/230.89 mi11, Birsmore Avenue, Leicester LE4 7YA3
£232K09/210.9 mi2, Fairfax Close, Leicester LE4 9FS3
£245K04/210.93 mi12, Manor Road, Thurmaston, Leicester, Leicestershire LE4 8AG3
£252.5K05/210.94 mi7, Thomson Close, Leicester LE4 7SX3
£290K05/210.94 mi14, Thomson Close, Leicester LE4 7SX3

Local Rents

11 rents from £900/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.09 mi-3
£1,20001/250.09 mi-3
£1,20005/240.1 miStanier Drive, Leicester, LE43
£90005/240.22 miChristopher Drive, Thurmaston, LE43
£1,20012/240.29 mi-3
£1,20005/240.29 miHerricks Avenue, Leicester, LE43
£1,30005/240.31 miColby Road, Thurmaston, LE43
£1,15002/240.51 mi-3
£1,40012/240.56 mi-3
£1,29508/240.59 miAmpleforth Lane3
£1,20001/250.59 mi-3

Property History

Listed for £265,000

March 25, 2024

Sold for £76,250

1998

Floor Plans

Description

Offered to the market, this contemporary three bedroom detached home is well serviced by excellent road links and amenities being conveniently located on the Thurmaston/Barkby Thorpe Border.

Benefiting from gas central heating and cavity wall insulation, the layout includes an entrance porch, ground floor wc, lounge, kitchen diner, first floor landing, three bedrooms (main bedroom with en-suite) and a bathroom. The plot offers a driveway to the front leading to a single garage, with front and rear lawned gardens. Having had previous approved planning permission for a two storey extension to the side and a single storey extension to the rear, an early viewing is highly recommended to avoid disappointment.

Agent Details

Spencers Estate Agency, Syston

0116 216 2260

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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