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 · LE13 1JB
For saleListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hancock are pleased to provide the opportunity to acquire this beautifully presented 2 bedroom semi detached bungalow within the independent retirement development of De Montfort.
Available as a 70% shared ownership purchase, the property comprises of an entrance hall, lounge, kitchen, 2 bedrooms, gas central heating, UPVC double glazing, low maintenance rear garden and communal parking.
Call to arrange your viewing! Please be advised that the scheme is designed for ‘Independent Retirement Living’ and no care or assistance is provided by Amplius.
EPC Rating: D LIVING ROOM 3.93m x 4.29m The living room offers plenty of space to relax or entertain guests.
This has carpet flooring, radiator, TV connectivity, coving to ceiling, electric fire place with feature surround and UPVC double glazed window.
KITCHEN 2.82m x 3.46m This benefits from a number of wall and base units with rollover worktop, gas hob, integrated oven, extractor hood, stainless steel sink and drainer with mixer tap, tiled splashbacks, wall mounted boiler, space for a number of white goods such as a washing machine, fridge/freezer & tumble dryer, UPVC double glazed window and door leading out to the rear garden.
BEDROOM ONE 2.83m x 3.93m The master bedroom has carpet flooring, radiator and UPVC double glazed window to the front aspect.
BEDROOM TWO 2.65m x 2.82m This newly decorated second double bedroom has carpet flooring, radiator and UPVC double glazed window.
SHOWER ROOM 1.66m x 2.63m This benefits from a walk-in corner shower cubicle with electric shower, low level flush WC, wash hand basin, chrome heated towel rail, part tiled walls, extractor and airing cupboard.
OUTSIDE - FRONT This property has a very pleasant kerb appeal with slabbed pathway to the front door with lawn either side, shrub areas, outside store along with side access to the rear garden.
OUTSIDE - REAR There is low maintenance rear garden which offers a gravel areas, slabbed pathways, shrub areas, fenced boundaries and cold water tap.
LEASHOLD DETAILS Lease Term: 99 Years granted from 26th October 1999 (72 years remaining) Qualifying Age: Over 55's 70% Ownership Service Charge: £170.83 per calendar month (Service Charge £159.57 & Ground Rent £11.26) This includes: 1.
Call System/Lifeline Costs 2. Communal Building Insurance 3. Communal Cleaning Costs 4. Communal Electricity Rates 5. Communal Grounds Maintenance 6. Exceptional Heating Repairs 7.
Fire Detection & Safety Service / Maintenance 8. General Repairs & Maintenance 9. Heating Service Contracts 10. Window Cleaning Properties 11. Sinking Fund Contribution 12. Assurance Fee 13.
Audit Fee 14. Management Charge FREE VALUATION Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Hancock's to arrange a convenient appointment on Tel: REFERRAL FEES We believe you may benefit from using the services of one of our recommended solicitors or our sister company Oaktree Mortgages Ltd who are independent mortgage brokers.
We recommend sellers and/or potential buyers use these services and should you decide to use their services you should know that we would expect to receive a referral fee of £100 plus vat from the solicitor and nil referral fee from Oaktree Mortgages for recommending you to them.
Please note that the solicitor's referral fee comes out of their normal charges and there is no additional cost to you i.e.
the cost of their services would be the same if you approach them directly or as a result of our recommendation.
You are not under any obligation to use the services of any of the recommended providers Disclaimer Agent's note.
Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only.
The services, systems and appliances shown in these particulars have not been tested and have no guarantee as to their operability or efficiency.
All measurements are approximate and are for general guidance purpose only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.
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
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FAQ
About De Montfort, Melton Mowbray, LE13
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