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 semi-detached house · LE19 3FA
For saleReduced £10k (−3.3%) on 26 OctListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
42–44 Red Hill Avenue is a substantial and versatile freehold property offering a rare opportunity for a variety of potential uses.
Originally comprising commercial premises with living accommodation above, the property was converted in 2002 into a ground floor flat and separate first floor office accommodation.
The property remains registered under one freehold title whilst benefiting from two individual postal addresses recognised by the Post Office. The ground floor accommodation, known as No.
42, is accessed directly from the street via its own private entrance and offers well-proportioned living space throughout.
The accommodation briefly comprises an entrance hall, spacious lounge/diner, fitted kitchen, double bedroom, and bathroom.
To the rear, a door leads directly into the enclosed garden area, providing private outdoor space ideal for relaxing or entertaining. The first floor accommodation, known as No.
44, benefits from completely independent access via a gated side yard with its own separate entrance door and individual letterbox set within the yard wall.
Stairs rise to a central landing leading to three generously sized rooms, offering flexible accommodation suitable for office space, hobbies, storage, or additional living areas, subject to any necessary permissions.
There is also a kitchenette and separate WC facility serving this floor.
Externally, the property enjoys an enclosed yard and garden area together with a single brick-built garage and useful outbuilding, providing valuable storage and workshop potential.
The flexible layout, separate access arrangements, and combination of residential and office-style accommodation make this an unusual and highly adaptable property, ideal for buyers seeking multi-purpose space, home working opportunities, or investment potential.
Hallway - 2.03m x 1.45m (6'08 x 4'09) - Lounge Diner - 3.66m x 6.35m max (12' x 20'10 max) - Kitchen - 3.45m x 2.84m (11'04 x 9'04) - Bedroom - 3.58m x 3.35m (11'09 x 11') - Bathroom - 1.42m x 1.75m (4'08 x 5'09) - Hallway - Reception Room One - 3.89m x 3.89m (12'09 x 12'09) - Reception Room Two - 3.56m x 4.04m (11'08 x 13'03) - Reception Room Three - 4.85m x 2.44m (15'11 x 8') - Kitchenette - 2.57m x 1.19m (8'05 x 3'11) - Wc - 1.68m x 0.89m (5'06 x 2'11) -
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 44, Red Hill Avenue, Narborough, Leicester
Explore nearby