Modern Method of Auction
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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 work1-bedroom flat · LE3 5EQ
For saleReduced £15k (−14.3%) on 25 OctListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION *For Sale Via Modern Method Of Auction* A one bedroom upper floor flat benefiting from lift access located within the Woodgate area of Leicester LE3 sold with vacant possession.
The accommodation in brief comprises hall entrance, open plan styled living kitchen, double bedroom and fitted bathroom suite. Externally you have access to one allocated parking space.
The property is located in the Woodgate area which has superb access to the local variety of shops, schools and Aldi Supermarket.
The road links are great from this location with routes to the motorway, A50, A46 and Glenfield Hospital.
If you do not drive then there is a regular bus service on hand with various routes available which includes a service to Leicester City Centre.
The property is located in the Woodgate area which has superb access to the local variety of shops, schools and Aldi Supermarket.
The road links are great from this location with routes to the motorway, A50, A46 and Glenfield Hospital.
If you do not drive then there is a regular bus service on hand with various routes available which includes a service to Leicester City Centre.
ENTRANCE HALL 15' 11" x 11' 10" (4.87m x 3.63m) Entrance hall having storage cupboard Kitchen/Living Area 15' 11" x 11' 10" (4.87m x 3.63m) Open plan living space with fitted kitchen.
BEDROOM 15' 9" x 8' 6" (4.82m x 2.61m) Double bedroom. Bathroom 9' 4" x 5' 10" (2.87m x 1.78m) Fitted bathroom suite comprising low level flush w/c, wash hand basin, bath and shower cubicle.
Value & comps
No previous sales on record.
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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 starting price
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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.
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