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 house · LE2 9GT
For saleReduced £10k (−5.3%) on 7 OctListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting this well-appointed two-bedroom house, offered to the market with no upward chain, and ideally situated for those seeking convenient access to both the M1 and M69 motorways as well as the popular Fosse Park shopping destination.
The property is thoughtfully designed for comfortable modern living and features a welcoming lounge that provides an inviting space to relax or entertain.
The spacious kitchen/diner is fitted with a range of contemporary units and integrated appliances (included in the sale), offering ample room for dining and every-day family life.
Upstairs, two well-proportioned bedrooms provide generous accommodation, each benefitting plenty of natural light.
The property also features a versatile home office, perfect for remote working, study or hobbies, and adaptable to suit a variety of needs.
The bathroom is finished with modern fittings, ensuring a fresh and clean environment for daily routines.
Additional benefits include a practical layout, gas central heating, and double glazing throughout (for energy efficiency and comfort).
The location is particularly advantageous, with excellent public transport links providing easy access to the city centre, making this home a superb choice for commuters and those seeking city amenities.
This home is ideal for first-time buyers, young professionals, or investors looking for a property ready to move into, with the added benefit of no onward chain to simplify the purchasing process.
Viewing is highly recommended to fully appreciate the quality and convenience on offer in this attractive, well-located home.
EPC Rating: D Rear Garden To the Rear of the property there is an enclosed garden offering patio and lawn areas. Parking - On Street On street 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
Agent & docs
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FAQ
About 23 Lockhouse Close, Leicester
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