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 2PG
Listing removedReduced £25k (−10.6%) on 19 SepListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***No Upward Chain*** A traditional three-bedroom bay fronted semi-detached property located in the popular Braunstone Town area in Leicester and conveniently positioned close to a range of local amenities, schools, and major road networks.
Offered for sale with no upward chain, this property presents an excellent opportunity for buyers looking to create a fantastic family home.
Although requiring modernisation throughout, the property offers spacious accommodation with plenty of potential.
The ground floor comprises a porch, entrance hall, a living room opening into a dining area, a lean-to conservatory, and a kitchen.
On the first floor are three well-proportioned bedrooms and a family bathroom. Externally, the property benefits from front and rear gardens, mainly laid to lawn with mature shrub borders.
A paved driveway provides off-road parking and leads to a carport and garage, which features an inspection pit.
An ideal purchase for families, first-time buyers looking to add value, or investors alike. Porch Double glazed door and window to the front.
Entrance Hall Glazed door to the front, double glazed window to the front, an under-stairs storage cupboard, and stairs leading to the first floor.
Living Room (5.16 m x 3.61 m (16'11" x 11'10")) Double glazed bay window to the front and access through to the dining area.
Dining Area (2.82 m x 2.64 m (9'3" x 8'8")) Double glazed sliding patio doors opening into the lean-to conservatory.
Lean-To Conservatory (2.62 m x 2.24 m (8'7" x 7'4")) Double glazed windows to the side and rear, and double glazed sliding patio doors opening onto the rear garden.
Kitchen (3.28 m x 2.54 m (10'9" x 8'4")) Wall and base units with countertops and tiled splashbacks, one and a half bowl stainless steel sink and drainer with a mixer tap, gas point for an oven, pantry cupboard, plumbing for a washing machine, double glazed bay window to the rear, and a glazed door to the side.
Landing Secondary glazed window to the side and access to the loft space. Bedroom One (4.34 m x 3.12 m (14'3" x 10'3")) Double glazed bay window to the front, and fitted wardrobes and cupboards.
Bedroom Two (3.71 m x 3.35 m (12'2" x 11'0")) Double glazed window to the rear and fitted wardrobes. Bedroom Three (2.46 m x 2.11 m (8'1" x 6'11")) Double glazed window to the front.
Bathroom (2.26 m x 1.88 m (7'5" x 6'2")) Comprising a bath with an electric shower over, a low-level WC, a wash basin, tiled splashbacks, a double glazed window to the rear, and an electric towel rail.
Outside To the front of the property is a lawn area with shrubs surrounding and a paved driveway providing off-road parking.
There is a carport to the side, having double timber doors with access to the garage and to the rear of the property.
The rear garden is mainly lawn with well-stocked borders surrounding, a greenhouse, a garden shed and an outside tap.
Garage Situated to the side/rear of the property with double timber doors, an inspection pit, and a glazed window to the side.
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
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FAQ
About 21 Fernhurst Road, Leicester
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