We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · LE4 8NB
No longer listedReduced £15k (−6.5%) on 4 SepListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The perfect downsizer Looking to view?
Call and press option 2 - Set within the ever-popular Dale Estate in Thurmaston, this much-loved two double bedroom bungalow offers a fantastic opportunity for buyers looking to downsize, modernise or create their ideal long-term home.
Offered to the market with no upward chain, the property has been well cared for over the years and provides fantastic scope to transform into a stunning bungalow in one of Thurmaston’s most sought-after locations.
Perfectly positioned just a stone’s throw from local shops, bus routes, Thurmaston Shopping Centre and excellent road links, this home combines convenience with peaceful residential living.
As you step through the front door, you are welcomed into the central hallway giving access throughout the home.
To the rear is the spacious lounge/diner, a fantastic sized room filled with natural light and offering plenty of space for both relaxing and entertaining, with views out towards the rear garden.
The fitted kitchen offers a range of wall and base units with space for appliances and access to the side of the property there is extra storage cupboards ne housing the combi boiler whilst the wet room has been modernised with walk-in shower area, wash hand basin and WC.
The bungalow offers two double bedrooms, both well-proportioned and offering flexibility for guests, hobbies or additional living space, with the main bedroom benefitting from fitted wardrobes.
Outside is where this home truly shines.
The property enjoys a great size rear garden with lawn, patio and established borders, offering the perfect blank canvas for landscaping or simply enjoying outdoor living.
To the side is a garage along with a driveway providing off-road parking.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 4 Dovedale Road, Leicester
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