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 work3-bedroom house · LE3 1FA
Listing removedReduced £10k (−5%) on 13 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the established Braunstone area of Leicester, this three bedroom end townhouse offers an excellent opportunity for first-time buyers, families or investors alike.
Offered to the market with no upward chain, the property provides well proportioned accommodation throughout, along with front and rear gardens.
While requiring cosmetic modernisation, it offers fantastic potential for a purchaser to update and personalise to their own taste, making it an ideal home to put your own stamp on.
EPC Rating: D Hallway Entrance hall, providing access to the main ground floor accommodation.
Lounge (3.61m x 3.35m) To the front of the property is the lounge through diner, offering a comfortable living and dining space with plenty of natural light.
Kitchen (2.37m x 2.03m) Moving through to the fitted kitchen, you’ll find a range of wall and base units with work surfaces, space for appliances overlooking the rear garden.
Dining Area (4.21m x 3.61m) Wc Ground floor toilet with low level flush WC and wash basin. Bedroom 1 (3.85m x 3.60m) Bedroom one is a generous double room overlooking the front of the property.
Bedroom 2 (3.95m x 3.04m) Bedroom two is another good-sized bedroom enjoying views over the rear garden.
Bedroom 3 (2.99m x 2.60m) Bedroom three is a generous room overlooking the front of the property. Bathroom Completing the first floor is the family bathroom, fitted with a three-piece suite.
Rear Garden With a range of mature plants, trees and shurbs.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
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
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FAQ
About 16 Waltham Avenue, Leicester
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