39 Main Street, Market Harborough, Leicestershire

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, open views overlooking the village church and parking. There is scope to increase the value once a scheme of works has been completed. Market Trussell is located for convenient access to motorway networks, M1, M6 and 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 in Marston Trussell, approximately 3 miles from Market Harborough, with open views overlooking the village church and convenient access to the M1, M6 and M69 motorway networks.

Tenure / Property Information

Investment Analysis

Recent same-street freehold semi-detached sales were £318,000 in October 2025 and £370,000 in July 2023. These provide an indicative £318,000–£370,000 GDV range, but the evidence does not confirm comparable size, layout, condition or bungalow type. A midpoint base GDV of £344,000 is therefore low-confidence. The £155,000 guide is before the known £1,800 buyer documentation charge and any applicable seller fees.

Investment Snapshot

Strategy Recommendation

Proceed only conditionally after inspection, title/special-conditions review and firm refurbishment quotations. The price-to-indicative-GDV spread is potentially attractive, but the unknown works scope and uncertain comparability make a firm bid or strategy recommendation premature.

Works Required

The description only states that value could be increased following a scheme of works. No specific defects, specification or cost evidence is supplied, so works should be established by inspection and contractor quotations before bidding.

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, a 75% refinance would be approximately £258,000. However, the cash released cannot be reliably calculated because refurbishment costs, applicable seller fees, finance costs and a verified valuation are unavailable. The strategy is only viable after confirming the works budget and end value.

Buy-to-Let Analysis

Advertised two-bedroom rents range from £825 to £1,350 pcm, implying an indicative gross yield of approximately 6.39% to 10.45% against the £155,000 guide. These are asking rents rather than achieved rents, and no single supported rent or full operating-cost budget is available. The required refurbishment and any seller fees could materially reduce returns.

Flip Analysis

The indicative GDV range is supported by two recent same-street semi-detached sales, but comparability with this 57 sq.m bungalow is unconfirmed. A flip surplus cannot be calculated because refurbishment costs, selling costs and any seller fees are not supplied.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not provided despite stated potential for a scheme of works.

• Comparable sales are semi-detached properties and their size, condition and layout are not supplied; direct comparability with the 57 sq.m bungalow is uncertain.

• Rental figures are advertised asking rents, not achieved rents.

• The seller may charge additional completion fees under the special conditions.

• Heating details and detailed parking information require confirmation from the auction centre.

• Theoretical refinance depends on a lender valuation, finance terms and the completed property's condition.

Recommendation

Proceed only conditionally after inspection, title/special-conditions review and firm refurbishment quotations. The price-to-indicative-GDV spread is potentially attractive, but the unknown works scope and uncertain comparability make a firm bid or strategy recommendation premature.

Strategy Rating

Analysis Confidence

Recent same-street sales and advertised rental evidence are available, but comparable property details, condition, refurbishment costs, achieved rent, heating, parking detail and possible seller fees are incomplete.