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 bungalow · LE2 9JR
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2-Bedroom Bungalow - Shared Ownership at Little Glen Mews Modern Bungalow Living in Glen Parva Emh Sales is excited to introduce The Langton, a brand-new 2-bedroom bungalow at the exclusive Little Glen Mews development.
Designed for accessibility and modern comfort, this home offers a rare opportunity to secure a new-build bungalow in the heart of Leicestershire.
Available via Shared Ownership This home is available through the New Model Shared Ownership (NMSO) scheme, designed to make homeownership more achievable.
While the price shown represents a 40% share (£114,000), you can purchase a share from as little as 10% up to 75%, depending on your affordability assessment.
The Langton: Home Highlights The Langton features a thoughtfully designed layout, including a modern kitchen/living area perfect for relaxation.
The kitchen comes equipped with a composite sink and a built-in stainless steel oven, hob, and cooker hood.
Sustainability is at the forefront, with solar panels installed to reduce your energy costs and environmental impact.
Outside & Accessibility Enjoy a private outlook with a front aspect that is not overlooked.
The property includes a rear garden laid to lawn, an outside tap, and dedicated off-road parking for two cars.
[VIDEO TOUR AVAILABLE - Click the video tab to view] ________________________________________ Key Features * Property Type: Brand-new 2-bedroom bungalow * Shared Ownership: Purchase shares from 10% to 75% * Energy Efficient: Solar panels and energy-efficient lighting * Modern Kitchen: Fitted units with built-in oven, hob, and composite sink * Accessibility: Bathroom with shower and a separate downstairs WC * Comfort: Gas central heating and chrome heated towel rails * Parking: Off-road parking for two vehicles * Garden: Private rear garden laid to lawn * Peace of Mind: Front of property is not overlooked ________________________________________ Shared Ownership Breakdown (New Model Shared Ownership) * Full Market Value: £285,000 * 40% Share Price: £114,000 * Estimated Monthly Rent: £391.88 * The NMSO Advantage: * 10-Year Repair Contribution: Support for maintenance costs during the first 10 years.
o Flexible Staircasing: Increase your share by as little as 1% annually. o Long Lease: A secure 990-year lease for total peace of mind.
________________________________________ About the Area: Glen Parva Nestled in Leicestershire, the welcoming village of Glen Parva provides residents with a wealth of amenities.
From local shops, pubs, and cafes to expansive green spaces, Little Glen Mews is ideally situated for peaceful walks.
You are also just a short distance from the vibrant Fosse Shopping Park and major transport links. ________________________________________
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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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 Cork Lane, Glen Parva, Leicester, LE2 9JR
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