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 bungalow · LE9 6WB
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retire In Style!
75% part ownership - With this perfect two bed bungalow which is has generous accommodation comprising, entrance porch, entrance hall, lounge, kitchen, two good sized bedrooms and bathroom.
The property benefits from UPVC double glazing and gas fired central heating.
Within easy reach of shops/local doctors surgery, this over 55's retirement complex offers it all, don't miss out and book your viewing today!
Building Safety None that we are aware of Mobile Signal Multiple choices of mobile/broadband signal Existing Planning Permission None that we have been made aware of Coalfield Or Mining None Entrance Porch UPVC double glazed door to the front aspect, laminate flooring, giving access to: Entrance Hall Built in airing cupboard, laminate flooring and radiator.
Lounge 12' 0" x 14' 5" (3.66m x 4.39m) UPVC double glazed window to rear aspect, UPVC double glazed door to rear aspect, two radiators.
Fitted Kitchen 7' 11" x 8' 3" (2.41m x 2.51m) UPVC Double glazed window to front aspect, being fitted with a range of wall and base units, with built in sink/drainer, oven, hob, extractor, plumbing for washing machine.
Bedroom One 13' 4" x 8' 6" (4.06m x 2.59m) UPVC double glazed window to front aspect, fitted wardrobes, laminate flooring and radiator.
Bedroom Two 9' 8" x 8' 2" (2.95m x 2.49m) UPVC double glazed window to the rear aspect, built in cupboard, laminate flooring and radiator.
Shower Room UPVC double glazed window to rear aspect, being fitted with three piece suite comprising, low level wc, hand wash, walk in shower cubicle and heated towel rail.
Gardens There are peaceful well maintained private gardens surrounding the bungalow which adds to its charm of easy living. With a built in shed.
Additional Notes: Council tax band A (Harborough District Council) Standard Brick Construction Tiled Roof Connected to mains gas/water/electric/sewerage Multiple Choice for Broadband/phone signal No flood risks that we are aware of 75% Shared Ownership Property with Platform Homes Over 55's Lease: 99 years from 25th Aug 1999 Service Charge: £82.46 pcm
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 2, Gladstone Mews, LEICESTER
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