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 · LE5 4WN
Listing removedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom studio flat on Falmouth Road presents an excellent investment opportunity for those looking to enter the property market or expand their portfolio.
The flat, which is leasehold, requires modernisation and features electric heating.
With communal entrance and lift access to upper floors, the property offers a practical layout with an open plan lounge/kitchen/bedroom area and a separate bathroom.
Located off the main A6030 Wakerley Road, the property is conveniently close to Leicester General Hospital, making it an ideal option for healthcare professionals or those seeking proximity to medical facilities.
The surrounding area provides access to a range of local amenities, ensuring that daily necessities and services are within easy reach.
Leicester offers a vibrant community with a variety of cultural attractions and recreational activities.
The city's transport links provide easy access to surrounding areas, further enhancing the appeal of this location.
This affordable flat is an exciting prospect for investors and first-time buyers looking for a project. Act quickly to secure this property and take advantage of its potential
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 114, Falmouth Road, Leicester
Explore nearby