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 · LE3 5FZ
For saleReduced £10k (−4.8%) on 9 JanListed 416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Beautifully presented ground floor apartment located within easy reach of Leicester city centre and offering secure fob entry system and designated parking.
The property offers an ideal opportunity to both first time buyers and investors with a monthly rent of £1200 providing a great return of 6.86%.
The accommodation offers great room sizes throughout with a large open plan living kitchen with modern wall mounted and base level units with integrated appliances.
With two large bedrooms and fitted wardrobes to the main bedroom. The bathroom offers a modern three piece suite.
Rooms & Dimensions: Main Hallway - Leads to the two bedrooms, a shower room and through to the main living area with open plan kitchen.
Shower Room - Offering a shower cubicle, hand wash basin and W/C. Frosted window for natural light.
Open Plan Living Area & Kitchen - 5.26m x 4.06m (17'3 x 13'4) - Offers space for living and dining area with access to the open kitchen which has wall and base units, work surfaces, sink drainer unit, and integral appliances.
Windows to the front for natural light to seep into the room Bedroom One - 3.12m x 2.97m (10'3 x 9'9) - Fitted wardrobes & window to the rear.
Bedroom Two - 3.68m x 1.91m (12'1 x 6'3) - Window to the rear Parking - Allocated parking for one car Council Tax Band: C Tenure: Leasehold (998 years) Service Charge: £1,046 per year
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 Flat 1, Weir View Lodge, 42, Leicester
Explore nearby