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 · LE4 2AQ
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer a two bedroom semi detached property .
Superbly situated in the abbey lane area of the city, being well served for renowned local schooling, Abbey Park, the Space Centre, City Centre and an array of everyday amenities are available locally.
Internally comprising entrance hall, two reception rooms, fitted kitchen, two double bedrooms, bathroom, front and rear gardens. Would suit a first time buyer or investor Offered with No Upward Chain.
Call Barkers on to arrange a viewing.
Entrance Hall Accessed via wooden front door, thermostat and radiator: Front Reception Room (4.13 into bay x 3.10 (13'6" into bay x 10'2" )) Radiator, dado rail, double glazed bay window to front aspect and window to side aspect: Rear Reception Room (3.47 x 4.09 (11'4" x 13'5")) Radiator, dado rail, under stairs storage, french doors leading to rear garden: Kitchen (3.06 x 1.89 (10'0" x 6'2")) Fitted kitchen with integrated units with worktops over, ceramic sink/drainer, integrated fridge/freezer, tiled floor and splash backs.
Integrated oven with gas hob and extractor fan over. Wall mounted gas boiler.
Door to rear garden and double glazed window to side aspect: Landing Loft access and double glazed window to side elevation: Bedroom One (3.49 x 4.08 (11'5" x 13'4")) Feature fireplace with wooden surround, radiator and double glazed window to front elevation: Bedroom Two (2.83 x 2.48 (9'3" x 8'1")) Radiator and double glazed window to rear elevation: Bathroom (2.82 x 1.49 (9'3" x 4'10")) Bath with mixer shower over, w/c, pedestal sink, radiator and double glazed window to rear elevation: Garden To the Rear is a decked area leading to lawn with established boarders and handy side access.
There is also low maintenance front garden: Free Valuation Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business: Monday to Friday 9am-5pm Saturday 9am - 4pm Aml Disclaimer In accordance with current Anti-Money Laundering and Proceeds of Crime Legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf of Moverly, our approved aml provider. A £50 fee (incl. Vat) covers required data and any manual checks.
This must be paid before we can issue a memorandum of sale. The fee is non-refundable and paid directly to Moverly. We receive a portion of this fee for facilitating the checks
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
Agent & docs
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FAQ
About 40, Hobson Road, Leicester
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