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 house · LE9 9RH
Listing removedReduced £5k (−2.1%) on 23 AugListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hampsons are delighted to present to the market this stylish two-bedroom mid-terraced house, recently constructed by renowned builders Owl Homes to an excellent specification and offering a contemporary living experience ideally suited for first-time buyers, small families, or investors seeking a modern, low-maintenance home.
The property impresses from the outset with a modern brick facade, double glazed windows for energy efficiency, and a small front garden that enhances kerb appeal.
Internally, the well-designed layout features a welcoming hallway with downstairs WC off. The hallway leads through to a bright and spacious reception room.
The heart of the home is a modern Shaker style kitchen boasting integrated appliances, and marble-effect countertops.
The generous living area benefits from French doors that open directly onto a private, enclosed garden, seamlessly connecting indoor and outdoor spaces and flooding the interior with sunlight.
Upstairs, the property comprises two well-proportioned bedrooms, both finished in a neutral decor and filled with natural light.
The main bedroom offers ample built-in storage and a large window, while the second bedroom is also capable of accommodating a double bed.
The modern bathroom is fitted with contemporary fixtures, a panelled bath with shower over, tiled walls, and wood effect flooring.
The private rear garden, accessible via French doors, features a well-maintained lawn, a paved seating area perfect for outdoor dining or relaxation, and a handy storage shed, making it ideal for those who enjoy spending time outdoors.
There is also allocated parking to the side for two cars. There is a charge payable for the upkeep of the communal areas of the development.
We understand that this is presently in the region of £250 per annum We are advised by the vendor that the property holds a current CP12 (gas safety) certificate along with an eicr (electrical) certificate.
EPC Rating: B Living Room (4.11m x 3.57m) Kitchen (4.05m x 2.04m) Bedroom 1 (4.1m x 2.7m) Bedroom 2 (4.11m x 2.91m) Bathroom (2.04m x 1.86m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 12 Wellum Way, Leicester
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