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 · LE3 0AG
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom Victorian mid-terraced property is conveniently situated just off the A5460 Narborough Road, within walking distance of De Montfort University and Leicester Royal Infirmary.
Narborough Road offers an excellent range of shops, restaurants and bars, while Fosse Park Shopping Centre, local schools and Leicester City Centre are all easily accessible.
The property also benefits from good road links to the motorway network.
Internally, the accommodation comprises an open-plan lounge/diner with central staircase, fitted kitchen, first-floor landing, two bedrooms and a bathroom.
Further benefits include gas-fired central heating. Externally, there is a low-maintenance courtyard garden and two useful outbuildings.
Already tenanted, the property represents an excellent buy-to-let investment opportunity. An internal inspection is highly recommended.
EPC Rating: D Location The property is situated in a mature residential area enjoying local shopping and recreational facilities.
Both Braunstone Park and Westcotes Park are within walking distance whilst The Highcross Shopping Centre and Braunstone Gate with its popular bars and restaurants is just over 1 mile away.
There is good access to the City centre, Hospitals, Universities and mainline Railway Station with services in all directions, including London St Pancras International.
For the road commuter there is good access to the local ring road network including A47, A5460, A50 inner and outer ring roads and the M1 and M69 motorways are accessed at Jct 21, some 3.5 miles distant.
Tenure & Council Tax We understand the property to be freehold with vacant possession upon completion. Leicester City Council - Tax Band A.
Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band. Viewing Arrangements Viewings are strictly by appointment only.
Need Independent Mortgage Advice? We are pleased to introduce everyone mortgages, who works with Newton Fallowell Estate Agents to provide our customers with expert mortgage advice.
They have access to thousands of mortgages, including exclusive deals not available on the high street.
Their advice is tailored to your circumstances, whether you’re looking to take your first steps on the property ladder, moving home, or even investing in a buy-to-let property.
They can help find the right mortgage for you and support your application every step of the way. To speak with our expert 'in branch' adviser, please contact our office.
Making An Offer “We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.” Agents Note These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
All photographs, measurements (width x length), floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings.
All services and appliances have not and will not be tested by Newton Fallowell.
Lease details, service ground rent are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. We retain the copyright.
Referrals Newton Fallowell and our partners provide a range of services to our vendors and purchasers, although you are free to choose an alternative provider.
We can refer you to mab (Everyone Mortgages) to help with finances, we may receive a referral fee if you take out a mortgage through him.
If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers and we will receive a referral fee should you decide to use them to sell or purchase a property.
We can also refer you to a surveyor and energy assessor and we will receive a referral fee should you use their services.
If you require more information regarding our referral programmes, please ask at our office.
Free Property Valuations If you're considering a move, our team would be delighted to provide a complimentary, no-obligation valuation of your home, along with tailored advice on achieving the best possible result.
Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
All photographs, measurements (width x length), floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings.
All services and appliances have not and will not be tested by Newton Fallowell.
Lease details, service ground rent are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. We retain the copyright.
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.
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FAQ
About 63 Bruce Street, Leicester
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