Modern Method of Auction
Auction date not yet published
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 · LE4 9LF
For saleReduced £20k (−10.5%) on 17 SepListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Spacious Three Bedroom Mid-Terrace Home | Modern Method of Auction | Ideal First-Time Buy or Investment Opportunity** Offered to the market via the Modern Method of Auction (buyers fees apply), this spacious three bedroom mid-terrace property presents an excellent opportunity for first-time buyers and investors alike.
The accommodation begins with a generous lounge featuring a bay window to the front elevation, radiator and electric fire, creating a welcoming living space.
To the rear, the kitchen/dining room benefits from newly fitted kitchen units, a newly installed boiler, single oven, four-ring hob, sink positioned beneath the rear-facing window, and two useful pantry cupboards providing additional storage.
The ground floor bathroom is fitted with a bath with shower over, WC, wash hand basin, heated towel rail and side-facing window.
To the first floor, the principal bedroom enjoys a front-facing window, radiator and fitted wardrobes along two walls. Bedrooms two and three both overlook the rear garden and are served by radiators.
A convenient upstairs WC with wash hand basin completes the first-floor accommodation.
Externally, the rear garden has been designed for ease of maintenance and features a patio seating area, gravelled sections and a pathway leading to a greenhouse at the rear.
A useful storage shed is positioned adjacent to the property. This well-proportioned home offers fantastic potential and internal viewing is highly recommended to appreciate the space on offer.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Entrance Hall Living Room (3.97m x 3.57m) Kitchen/Dining Room (4.36m x 2.35m) Rear Lobby Bathroom (1.92m x 1.7m) Bedroom One (5.06m x 3.08m) Bedroom Two (3.37m x 2.16m) Bedroom Three (2.43m x 1.98m) W.C.
(1.72m x 0.78m)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 74, Barkby Road, Leicestershire
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