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 1PS
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern One Bedroom First Floor Apartment with Allocated Parking in Popular Hamilton Location Located on the first floor of a modern residential development in the sought after Hamilton area of Leicester, this well presented one bedroom leasehold flat offers stylish, practical living ideally suited to first time buyers, down-sizers, or buy to let investors.
The property benefits from a long lease of approximately 134 years remaining, providing excellent long term security and peace of mind for prospective purchasers.
Accessed via a welcoming entrance hallway with multiple built in storage cupboards, the apartment has been thoughtfully designed to maximise both comfort and convenience.
The spacious living room provides an ideal setting for relaxing or entertaining, with plenty of natural light creating a bright and inviting atmosphere throughout.
The separate modern kitchen is fitted with a range of units and benefits from ceramic tiled flooring, ample worktop space, and included white goods comprising a fridge, washing machine, and dishwasher, making the property ready to move straight into.
The generously sized double bedroom offers a peaceful retreat with space for additional freestanding furniture, while the bathroom is fitted with a bath and shower facilities in a clean, contemporary style.
Further enhancing the appeal of the property is the beautiful laminate wooden flooring running throughout the main living areas and bedroom, adding a modern and well maintained finish to the home.
Additional benefits include allocated parking and excellent built in storage solutions throughout. The annual service charge is approximately £1,800 per year.
The annual ground rent is £75 Ideally positioned close to local amenities, schools, transport links, and Leicester city centre, this attractive apartment combines low maintenance living with everyday practicality in a highly convenient location.
Living Room - 4.33 x 3.09 m (14′2″ x 10′2″ ft) Kitchen - 1.94 x 3.09 m (6′4″ x 10′2″ ft) Bedroom - 3.18 x 3.33 m (10′5″ x 10′11″ ft) Bathroom - 2.03 x 2.00 m (6′8″ x 6′7″ ft) Storage - 1.00 x 1.55 m (3′3″ x 5′1″ ft)
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
Agent & docs

FAQ
About Flat 63 4, Birkby Close, Hamilton, Leicester, Leicestershire, LE5
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