5 Chestnut Road, Glenfield, Leicester, Leicestershire

Description

A four bedroomed, two-bathroom family property in the sought after village of Glenfield. Large lounge, spacious living kitchen utility/Cloak/WC. Additional loft room. Good-sized gardens and driveway leading to a garage. Freehold sale.

Accommodation

Ground Floor: Entrance Hall, Lounge 7.43m x 3.63m, Kitchen 6.14m x 2.76m, Cloak/WC 2.08m x 1.99m, Conservatory 4.13m x 1.71m. First Floor: Landing, Bedroom 1 4.69m x 3.65m, En-Suite Bathroom 4.47m x 3.49m, Bedroom 2 3.66m x 2.91m, Bedroom 3 3.11m x 1.83m, Bedroom 4 3.11m x 1.83m, Bathroom 2.74m x 1.85m. Second Floor: Loft Room 4.67m x 3.35m. Outside: Driveway, garage, and rear gardens.

Location

Sought after village of Glenfield, Leicester, Leicestershire.

Tenure / Property Information

Investment Analysis

The five supplied completed sales on Chestnut Road range from £175,000 to £327,000. The £175,000 sale is materially below the other evidence and may not be directly comparable. The stronger evidence is £278,000–£327,000, including £310,000 on 77 Chestnut Road in March 2026. A base GDV of £310,000 is used, with a low scenario of £282,500 and high scenario of £327,000. The subject's exact condition and the comparables' specifications are not supplied, so this is an indicative range rather than a formal valuation. The £290,000 guide is before the £1,200 administration charge, buyer premium and other possible costs.

Investment Snapshot

Strategy Recommendation

Treat as a potential owner-occupier or BTL purchase only after inspection, confirmation of the buyer premium and legal costs, and validation of the local achieved rent. Do not rely on the apparent flip margin without a lower purchase price or confirmed costs.

Works Required

No specific defects or required works are identified in the supplied evidence. Allowance cannot be estimated without inspection and condition information. The property is described as having four bedrooms, two bathrooms, a kitchen, utility/Cloak/WC, conservatory, loft room, gardens, driveway and garage.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV of £310,000, a 75% refinance would be approximately £232,500. The total acquisition and project cost cannot be calculated because refurbishment costs, buyer premium and other possible charges are not quantified. Consequently, cash left in and BRRR viability cannot be established.

Buy-to-Let Analysis

The supplied rental evidence is one advertised asking rent of £2,400 pcm covering a broad area, rather than an achieved Glenfield rent. At the £290,000 guide, this equates to an indicative gross yield of 9.93% before the £1,200 administration charge, buyer premium, other costs, finance, management, maintenance, voids and tax. The true investment yield cannot be confirmed from the evidence.

Flip Analysis

The base GDV is estimated at £310,000 from the supplied completed sales. A flip surplus cannot be calculated because works, buyer premium, other acquisition charges and selling costs are not fully quantified. At the £290,000 guide, the apparent headroom before these costs is limited to approximately £20,000.

Investor Risks & Due Diligence

• Buyer premium amount is unspecified and payable in addition to the sale price.

• A £1,200 non-refundable administration charge applies, with further possible search, seller-cost, legal and transfer charges.

• The rental figure is an advertised asking rent for a broad area and is not an achieved Glenfield rent.

• Property condition and any required refurbishment works are not evidenced.

• The £175,000 comparable is materially below the other supplied sales, creating uncertainty over comparability and value.

• The apparent resale headroom at the guide is before acquisition, refurbishment and selling costs.

Recommendation

Treat as a potential owner-occupier or BTL purchase only after inspection, confirmation of the buyer premium and legal costs, and validation of the local achieved rent. Do not rely on the apparent flip margin without a lower purchase price or confirmed costs.

Strategy Rating

Analysis Confidence

There are several recent same-road completed sales and one rental asking figure, but comparable specifications, property condition, achieved rent, buyer premium, other costs and occupancy are not supplied.