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 · LE2 1RR
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and spacious, two bedroom duplex apartment located over the first and second floors of this beautiful Grade II Listed former Victorian schoolhouse boasting many character features and a garage, in the fashionable suburb of Stoneygate.
Location - Believed to have been built in 1859 and converted in 2018, Scholar’s Walk is located in the heart of Stoneygate, popular for its ease of access to the city centre, professional quarters and mainline railway station, along with local day-to-day shopping found along the trendy Allandale Road, Francis Street and Queens Road parades.
Accommodation - The building is entered via a stunning communal entrance housing the original staircase and intercom system.
The apartment is entered via a private entrance hall with a window to the rear, housing the stairs to the first floor, intercom system, useful storage cupboard and a boiler/utility room (with plumbing for a tumble dryer).
Bedroom two has large built-in wardrobes and a square bay window to the side.
The large bathroom has a large sash window to the side and a three piece suite comprising an enclosed WC, wall hung wash hand basin, panelled bath with shower over and glass shower screen, ladder style heated towel rail, part tiled walls and tiled flooring.
The open plan sitting/dining room has two windows overlooking the communal grounds, ceiling coving and rose, and is open to the kitchen, having a window to the side and a good range of eye and base level units and drawers, ample preparation surfaces, one and a half bowl stainless steel sink and drainer unit with mixer tap above and tiled splashbacks, integrated appliances include a stainless steel oven with four-ring induction hob and stainless steel extractor unit, integrated fridge, washing machine and dishwasher.
The stairs to the first floor have an attractive rooflight at the top and a door leading to a spacious landing area with built-in cupboard, open to a large dressing room (currently set up as a home office) with a rooflight, wood laminate effect flooring, built-in wardrobes with mirrored fronts and a concertina door into the fantastic, spacious master bedroom, having ceiling spotlights and a large sash window to the rear.
**Please note some photos have been digitally staged** Outside - The property has one allocated parking space plus a garage with power, and is set within beautiful, private, mature landscaped communal grounds.
Lease Details - Please be advised that whilst we make every effort to ensure that these lease details are correct, these are subject to change, must not be relied upon and MUST be verified by potential Purchaser's Solicitor.
Tenure: Freehold Lease Term : 999 years from 2004 Ground Rent : £None Payable Service Charge: Approximately £3,700 per annum (including buildings insurance, gardening and cleaning of communal areas).
Management Company : Encore Estates Management Pets : Not allowed Other Information - Conservation Area: No Services: Offered to the market with all mains services and gas-fired central heating.
Broadband delivered to the property: Fibre Wayleaves, Rights of Way & Covenants: None known Flooding issues in the last 5 years : None known Accessibility & Planning issues : The apartment is on the first and second floors and there is no lift in the building.
Council Tax - Local Authority: Leicester City Council Tax Band: D
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

FAQ
About Scholars Walk, Stoneygate, Leicester
Explore nearby