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 work4-bedroom house · LE10 3PP
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain. Attractive cream rendered cottage property of character on a large sunny plot with an impressive frontage of approximately 73 feet offering huge potential for redevelopment.
Sought after and convenient central village location within walking distance of the primary school, service station, village church, parks, open countryside, two public houses and good access to major road links.
In need of modernisation and redevelopment (subject to planning permission).
Offers entrance hall, original front post office with counter, rear store rooms, rear hallway, dining room, kitchen, rear lobby, utility room/WC, store room and lounge.
Four bedrooms, loft room and bathroom. Driveway leading to a large car park at the rear and a open garage and several brick built outbuildings. Contact agents to view.
Tenure Freehold Council Tax Band D Accommodation Hardwood panelled front door to Entrance Hallway With quarry tiled flooring, fitted shelving, wall mounted consumer unit, stairway to first floor, doorway to a Store Room To Rear (2.65 x 2.75 (8'8" x 9'0")) Door to a Lean-To To Rear (4.05 x 1.81 (13'3" x 5'11")) With slabbed flooring and fitted shelving.
Further Store Room To Side (1.24 x 2.70 (4'0" x 8'10")) Original Shop And Post Office To Front (8.34 x 4.00 (27'4" x 13'1")) With quarry tile flooring, fitted shelving, original post office counter, archway to Store Room/Rear Office (6.61 x 2.06 (21'8" x 6'9")) With quarry tile flooring, floor standing cupboard units, roll edge working surface above, range of shelving, two stainless steel sink units, hardwood panel door to rear garden, hardwood panel door to Hallway To Rear (3.30 x 3.95 (10'9" x 12'11")) With quarry tile flooring.
Stairway to first floor with original spindle balustrades, useful under stairs storage cupboard beneath.
Dining Room/ Sitting Room To Front (3.79 x 3.96 (12'5" x 12'11")) With original open brick fireplace.
Kitchen To Rear (3.43 x 3.02 (11'3" x 9'10")) With a range of fitted kitchen units in cream consisting inset one and a half bowl single drainer resin sink unit mixer taps above cupboard beneath, further matching floor mounted cupboard units and four drawer unit and two two drawer units, contrasting roll edge working surfaces above, pine splashbacks, further matching range of wall mounted cupboard units with integrated extractor hood, one tall larder unit, appliance recess points, electric cooker point, plumbing for a dishwasher, door to rear lobby with quarry tile flooring, wall mounted consumer unit, loft access, hardwood panel and glazed door to the side of the property, door to a Utility/Wc Room (2.04 x 1.91 (6'8" x 6'3")) With white suite consisting of a vanity sink unit double cupboard beneath, low level WC, fitted roll edge working surface, appliance recess points, quarry tile flooring, double airing cupboard housing the lagged copper cylinder fitted immersion heater for domestic hot water.
Store Room (1.85 x 3.42 (6'0" x 11'2")) With quarry tile flooring, door to Extended Lounge To Rear (4.19 x 5.02 (13'8" x 16'5")) With open tiled fireplace, UPVC sudg sliding patio doors to the rear garden.
First Floor Landing From the right hand stairway with door to Bedroom One To Front (4.27 x 4.07 (14'0" x 13'4")) With built in double wardrobe over the stairway.
Bedroom Two To Front (4.06 x 3.95 (13'3" x 12'11")) Bedroom Three To Rear (2.97 x 3.14 (9'8" x 10'3")) Bedroom Four To Rear (3.09 x 2.63 (10'1" x 8'7")) Bathroom To Rear (1.95 x 3.11 (6'4" x 10'2")) With white suite consisting panel bath, electric shower unit above, pedestal wash hand basin, low level WC, contrasting tiled surrounds, further airing cupboard housing the lagged copper cylinder fitted immersion heater for domestic hot water, door to Further Loft Room (3.13 x 3.39 (10'3" x 11'1")) With wall mounted consumer unit.
Outside Outside the property is situated on a large plot having a impressive frontage of approximately 73 feet and a depth of approximately 110 feet.
The property is set back from the road having a tarmacadam driveway to the left hand side of the property, to the left of the driveway are brick out buildings, the first outbuilding (3.35m x 3.57m) with built in work benches, light and power, door to side, window to front.
The second outbuilding (2.85m x 3.34m) with vaulted ceiling and window and door to side.
The driveway leads between the buildings and the property through double timber gates to a further large concrete car parking area where there is a open single garage (2.70m x 3.64m) with further attached brick built store room (3.79m x 2.33m) with built in workbench, double timber doors to front window to side.
Beyond which is a large walled sunny rear garden, There is ample opportunity for further development subject to planning permission.
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 The Old Post Office 41-43, Leicester Road, Sharnford
Explore nearby