39, Main Street, MARKET HARBOROUGH, Leicestershire, LE16 9TY

Description

A two bedroom semi-detached bungalow located in the village of Marston Trussell. The village is positioned approximately 3 miles from the market town of Market Harborough. The accommodation comprises an entrance hall, lounge, kitchen, utility room, two bedrooms and a bathroom. Externally, there are gardens to the sides and front and open views overlooking the village church and parking. There is scope to increase the value once a scheme of works have been completed. Market Trussell is located for convenient access to motorway networks, M1, M6 & M69. Offered for sale with the benefit of vacant possession.

Accommodation

Ground Floor: entrance hall, lounge, kitchen, utility room, two bedrooms and a bathroom. External: gardens to the sides and front.

Location

Village location with open views. Marston Trussell is approximately 3 miles from Market Harborough and has convenient access to the M1, M6 and M69 motorway networks. Open views overlook the village church.

Tenure / Property Information

Investment Analysis

The two supplied recent same-street completed sales are £318,000 in October 2025 and £370,000 in July 2023. A base GDV of £344,000 uses the midpoint of those two transactions, with £318,000 and £370,000 as low and high evidence-based scenarios. However, the comparables are described only as semi-detached houses, with no size, condition or bedroom detail, while this property is a 57 sq m two-bedroom bungalow. The GDV is therefore indicative only and requires survey and local valuation confirmation.

Investment Snapshot

Strategy Recommendation

Do not proceed on the guide price alone. Obtain the legal pack, inspect the property and obtain a full refurbishment quotation and rental validation. Consider only if the required works and any seller charges still leave an acceptable margin against the uncertain bungalow GDV.

Works Required

The description confirms scope to increase value through a scheme of works, but does not specify the required works or condition. A building survey, services checks and inspection of the kitchen, bathroom, heating, roof, windows and external areas are required before defining or costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the indicative £344,000 base GDV, 75% refinance would be approximately £258,000. A BRRR assessment cannot be completed because refurbishment costs, total project cost, finance costs and any seller charges are not supplied. The refinance figure is an estimate based solely on the evidence-derived GDV and is not a formal valuation.

Buy-to-Let Analysis

The supplied subject-specific rental listing advertises £1,350 pcm, equivalent to £16,200 annually, producing a 12.0% gross yield against the £135,000 guide price. This is an advertised asking rent rather than achieved rent, and no operating costs, finance costs or refurbishment allowance are supplied. Guide price plus the known £1,800 admin charge is £136,800 before works and any seller charges.

Flip Analysis

A flip surplus cannot be calculated reliably because the works specification and cost, total project cost and selling allowance are unavailable. The indicative GDV range is £318,000 to £370,000, but the comparables are not sufficiently detailed to confirm that they are directly comparable to this 57 sq m bungalow.

Investor Risks & Due Diligence

• The required scheme of works and property condition are not specified, so refurbishment cost cannot be estimated.

• The two main comparables lack size, bedroom, bungalow/house and condition details and may not be directly comparable.

• The £1,350 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Additional seller charges may apply under the Special Conditions of Sale.

• Heating details and specific parking arrangements require confirmation.

• A maximum bid cannot be calculated without works costs, full charges and an investment return target.

Recommendation

Do not proceed on the guide price alone. Obtain the legal pack, inspect the property and obtain a full refurbishment quotation and rental validation. Consider only if the required works and any seller charges still leave an acceptable margin against the uncertain bungalow GDV.

Strategy Rating

Analysis Confidence

There are two recent same-street completed sales and a subject-specific advertised rent, but comparable property details, condition, refurbishment costs, heating information, parking details, seller charges and special conditions are incomplete.