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 flat · LE2 4AF
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two double bedroom first floor flat is part of a purpose-built development off the Leicester Road. Offered with no upward chain the flat is superbly positioned for a plethora of local amenities.
Large supermarkets and Oadby's main parade of smaller shops, services and eateries are all within walking distance. In addition, the local leisure and medical centres are also readily accessible.
Commuters will find excellent road links into the city centre via the A6, and Leicester train station is only a ten minute drive away (traffic depending).
For those that work from home the flat provides options to create office space, whether that be utilising one of the bedrooms or the impressive lounge/diner.
The flat itself is well presented and has recently seen significant improvement through the refitting of the kitchen and newly carpeted and decorated throughout.
The home is an ideal purchase for a first-time buyer, professional singles and couples and even those looking to downsize whilst maintaining easy access to local facilities.
Access to the flat is via a shared main entrance and up a staircase to the front door of the home itself.
The main front door opens to an 'L' shaped entrance hall, off which, is a large storage cupboard and doors that lead through to all the rooms.
The flats feature space is a generous lounge diner which has a large window to the front elevation that allows in plenty of natural light.
The room is a large rectangular space that can be configured in a variety of ways depending on furniture type and size.
The room will comfortably accommodate a range of sofas, a dining table and chairs as well as freestanding display and storage furniture.
A door from the lounge provides an alternative access to the kitchen.
The kitchen has been refitted to include a range of base and wall mounted fitted units with roll-edge work surfaces and a stainless-steel sink and drainer.
Integrated appliances include a gas hob with extractor over and a built-in electric oven underneath. There is space for a fridge and plumbing for a washing machine.
A built-in storage cupboard houses the boiler. There are two double bedrooms which have identical dimensions meaning either could be used as the principal bedroom.
Again, both bedrooms have large windows to the front elevation. If only one bedroom is required day-to-day the second bedroom could be used as office space or even a dressing room.
Finally, there is a fully tiled bathroom that comprises a three-piece suite to include a bath with shower over, low flush WC and pedestal wash hand basin.
To the outside there is resident parking and attractively planted and well-maintained communal gardens. This is a wonderful, spacious and ideally located two bedroom flat with wide ranging appeal.
Internal viewing is highly recommended. Agent Note: The property is Leasehold with over 51 years left remaining.
There is a service charge of approximately £1416 per annum which works out as £118 per calendar month. Oadby is a suburb situated to the South of Leicester City centre.
With a number of high performing local schools Oadby has always been a highly sought after location.
It has a parade of local shops coffee houses and eateries and there is also a supermarket in close proximity.
Lying just off the A6 there are a number of excellent commuter links both in and out of the city an open countryside is never far away.
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

FAQ
About Leicester Road, Oadby, Leicester, Leicestershire, LE2
Explore nearby