# 4 bedroom detached house for sale (LE16 8GX) ## Property Details | Key | Value | |-----|-------| | Address | 7 ADMIRAL ROAD, MARKET HARBOROUGH, LEICESTERSHIRE LE16 8GX | | Price | £509,995 | | Bedrooms | 4 | | Last sold | £439,995 Dec 2023 | ## Description **Property description and location ** This is your chance to own a 4 bedroom family home with all the charm and character of a period property – and a layout designed for modern living and the benefits of being skilfully and newly built by us. Like no costly refurbishments and time-consuming renovations, plus you could save thousands on your energy bills. The Georgian-inspired frontage has plenty of kerb appeal to complement our street scenes inspired by the local architecture. Set over two floors, it boasts 1357 square feet, including a garage, parking for cars, and a turfed rear garden. **Main house ** Full of charm, character and unique architectural features, this exceptional home is unlike any other new build you'll have seen before. **Ground floor ** Off the spacious central hallway is your living room. The living room has a Georgian-inspired bay window that adds even more character to the space. Also accessed from the hallway is a WC and a study – ideal if you work from home – or why not use it as a play room or a gaming space? It gives you the flexibility to evolve as your family does. To the rear of your new home is what can only be described as the ‘heart of the home'. A large kitchen/dining/family room with a top of the range kitchen from Sherwin Hall, plus patio doors within the striking glass pod, seamlessly blending the indoors with the outdoors. The island, integrated appliances and separate utility room add extra style and practicality to this impressive family space. Plus, with a range of options – from the kitchen units, to the door handles, sockets, wall tiles and more – you can truly make this home your own.* **First floor ** The dual aspect light-filled master bedroom boasts a separate dressing area. You can make this room even more unique and bespoke with a choice of wardrobe and furniture options from Albert Henry Interiors – all installed ready for your move-in day. There is also an ensuite shower room. The three other bedrooms, finished with characterful Georgian sash-inspired windows, share the family bathroom. **Outside** Crafted with characterful brickwork you won't see on any other newly built home, the gable-fronted Bolsover is a distinctive home that also has a  driveway and garage. Your front garden will be landscaped, while the rear has slabs and turf included as standard. **Facilities and schooling ** You will certainly feel part of something better in Bowden Rise.  With Ofsted rated ‘Good' and ‘Outstanding' Primary schools a short drive away, restaurants, supermarkets and independent local shops on your doorstep and fantastic commuter links to London, Leicester and beyond. **Davidsons at Bowden Rise** Located on the outskirts of the popular market town of Market Harborough Davidsons at Bowden Rise benefits from all the great local amenities that Market Harborough has to offer – including shops, restaurants and pubs a short drive away, whilst enjoying a peaceful rural setting with great transport links nearby. **We aren't just homebuilders – we're ‘place makers' ** We believe the space around a home is just as important as the rooms we create within it. So we draw inspiration from the towns and villages we build in, and craft our homes with traditional values. It's why our planners and architects consider themselves to be ‘place makers’, designing and creating communities, where people will feel part of something better – for generations to come. * Please note, the street scenes are an artistic interpretation of our development, and photography is for illustrative/ representative purposes only and not reflective of exact property or specification. Therefore variations in finishes and exact layout may not be accurate. Contact our Sales team for plot specific details. Davidsons Homes reserves the right to make amendments. ** Choices, extras and upgrades are subject to build stage. Tenure: Freehold Management fee, approx per annum: £161.77 (estimated) Council Tax band: TBC SAP Rating - up to 0 ## Property Photos - ![Image](/listings/photos/170066207/181337) - Image - ![Image](/listings/photos/170066207/181338) - Image - ![Image](/listings/photos/170066207/181339) - Image - ![Image](/listings/photos/170066207/181340) - Image - ![Image](/listings/photos/170066207/181341) - Image - ![Image](/listings/photos/170066207/181342) - Image - ![Image](/listings/photos/170066207/181343) - Image - ![Image](/listings/photos/170066207/181345) - Image - ![Image](/listings/photos/170066207/181347) - Image - ![Image](/listings/photos/170066207/181350) - Image - ![Image](/listings/photos/170066207/181353) - Image - ![Image](/listings/photos/170066207/181355) - Image - ![Image](/listings/photos/170066207/181358) - Image - ![Image](/listings/photos/170066207/181361) - Image - ![Image](/listings/photos/170066207/181363) - Image - ![Image](/listings/photos/170066207/181366) - Image - ![Image](/listings/photos/170066207/181368) - Image ## Floorplans - ![Floorplan](/listings/photos/170066207/181370) - Floorplan - ![Floorplan](/listings/photos/170066207/181373) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 7 ADMIRAL ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8GX | £439,995 | 15/12/2023 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 18 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £507,000 | 26/03/2025 | Detached | | 62 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £475,000 | 30/11/2023 | Detached | | 72 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £499,995 | 25/07/2023 | Detached | | 76 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £599,995 | 13/06/2023 | Detached | | 3 WORDSWORTH ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FN | £425,000 | 16/12/2022 | Detached | | 74 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £539,995 | 16/12/2022 | Detached | | 6 WORDSWORTH ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FN | £700,000 | 16/12/2022 | Detached | | TANTRIDGE SHREWSBURY AVENUE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8BB | £1,050,000 | 18/11/2022 | Detached | | 7 WORDSWORTH ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FN | £422,000 | 24/10/2022 | Detached | | 22 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £440,000 | 07/10/2022 | Detached | | 64 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £384,995 | 07/10/2022 | Detached | | 60 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £374,995 | 29/09/2022 | Detached | | 62 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £529,995 | 16/09/2022 | Detached | | 58 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £399,995 | 31/08/2022 | Detached | | 9 SHREWSBURY AVENUE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8BB | £535,000 | 12/08/2022 | Detached | | 56 COLERIDGE WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 8FL | £399,995 | 08/08/2022 | Detached | **Area average:** £517,748 (16 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £528,394 (78 Detached, LE16, 2024–2026) - **Deviation:** -3.5% ## Rental Range *ONS Price Index of Private Rents (East Midlands). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £820/mo - **Realistic:** £911/mo - **Optimistic:** £1,002/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,047/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 4 Bed Terraced House, Lathkill Street, LE16 | £1,450/mo | 4 | 0.86 miles | OpenRent | | 4 Bed Terraced House, Lathkill Street, LE16 | £1,500/mo | 4 | 0.86 miles | OpenRent | | 4 Bed Semi-Detached House, Ireton Road, LE16 | £4,795/mo | 4 | 1.17 miles | OpenRent | **Average rent: £2,582/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.29% (weak for cashflow) - **Max investor price (0.8%):** £187,500 - **Target investor price (1%):** £150,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,500/mo).* - **Gross yield:** 3.5% - **Cost-to-rent:** 28.3× - **Monthly cashflow:** £-683/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -5.5% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 25.1% - **10y growth:** 62.6% ## House Price Index (HM Land Registry) *Official index for East Midlands; Detached series; as of March 2026.* - **1y growth (index):** 1.8% - **5y growth (index):** 17.5% - **10y growth (index):** 48.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)