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 flat · LE2 9TB
For saleReduced £5k (−3.1%) on 28 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered For Sale With No Onward Chain An excellent opportunity to purchase this well-presented two-bedroom apartment.
Conveniently positioned on the first floor, the property benefits from secure communal entry, allocated parking and well-proportioned accommodation throughout.
Stairs lead to the first floor where the entrance door opens into a welcoming hallway, providing access to all principal rooms. Storage cupboards provide excellent storage space in the hallway.
The generous living & dining room provides an excellent space for both relaxing and entertaining, featuring French doors opening onto a Juliet balcony which allows plenty of natural light into the room.
The living & dining room is open to the modern kitchen, which is fitted with a range of wall and base units, complemented by a selection of appliances, such as built in fridge freezer, oven and grill with gas hob above and plumbing for a washing machine.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from a built-in wardrobe providing useful storage.
Completing the accommodation is the family bathroom, fitted with a white suite comprising a bath with shower over, low-flush WC and wash hand basin.
Externally, the property benefits from allocated parking. The management company is Loveitts Longlease.
These payments are paid to the management company: - Annual Service Charge: £926.65 - Annual Ground Rent: £258.43 Entrance Hall Living & Dining Area (4.70m x 4.32m (15'5 x 14'2 )) Kitchen (3.23m x 1.88m (10'7 x 6'2)) Bedroom One (3.66m x 2.64m (12 x 8'8)) Bedroom Two (3.56m x 2.08m (11'8 x 6'10 )) Bathroom (2.06m x 1.88m (6'9 x 6'2 ))
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
.png)
FAQ
About Apartment 8, 36, Navigation Drive, Leicester
Explore nearby