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 house · LE10 1QE
Listing removedListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain! Attractive traditional terraced house, currently set up as two one bedroom apartments.
Popular and convenient location within walking distance of the town centre, The Crescent, train and bus stations, doctors, dentist, leisure centre, parks and with good access to major road links.
Well presented including white panelled interior doors, gas central heating UPVC sudg. Offers lounge, dining room, kitchen, rear lobby & utility room.
Two double bedrooms, bathroom & kitchenette upstairs. Driveway to front, enclosed rear yard and garden with shed. Viewing recommended.
Tenure Freehold Council Tax Band A Accommodation UPVC sudg front door to Entrance Hall With single panel radiator, inset spotlight, door to Lounge (3.48 x 4.59 (11'5" x 15'0")) With double panel radiator, wall mounted fuse board, inset spotlight, TV aerial point, space for storage under the stairs, second single panel radiator, door to Bedroom (2.56 x 3.61 (8'4" x 11'10")) With double panel radiator.
Kitchen (1.53 x 3.48 (5'0" x 11'5")) With tiled flooring, a range of white gloss kitchen cupboard units with stone effect working surface, one and a half stainless steel drainer sink, built in oven, four ring electric hob, free standing fridge freezer and washing machine, wall mounted Worcester combination boiler for hot water and gas central heating, tiled splashback, door to Lobby With single panel radiator, UPVC sudg door to rear garden.
Wet Room (1.46 x 1.46 (4'9" x 4'9")) With tiled flooring, PVC wall surrounds, pedestal wash hand basin with chrome taps, low level WC, chrome towel heater, bar shower, wet room drain.
First Floor Landing With door to Lounge (3.53 x 3.65 (11'6" x 11'11")) With double panel radiator, TV aerial point, door to Kitchenette (4.55 x 2.38 (14'11" x 7'9")) With tile effect laminate flooring, white gloss floor standing kitchen cupboard units, stone effect working surface, stainless steel sink with chrome taps, matching wall units, tiled splashback, chrome radiator, wall hung Worcester combination boiler for domestic hot water and gas central heating, inset spotlight, door to Lobby With loft access, door to Bedroom (2.59 x 3.60 (8'5" x 11'9")) With double panel radiator, inset spotlights, over stairs storage cupboard with rails and shelves.
Bathroom (1.28 x 1.92 (4'2" x 6'3")) With tile effect laminate flooring, wall hung wash hand basin with chrome mixer tap, low level WC.
Panel bath with chrome mixer tap and shower attachment, inset spotlight, chrome towel heater.
Outside Outside the property to front is a decorative stone driveway for one car, concrete slab path leading to the front door.
Outside the property to the rear is a concrete yard immediately outside the property with an outside tap and beyond a gate is a further concrete and decorative stone patio, the garden is fenced and enclosed with neighbouring access for bins.
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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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 111, Derby Road, Hinckley
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