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 · LE19 2DH
Listing removedReduced £15k (−7%) on 19 MarListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wonderful opportunity to acquire a lovely terrace home set in the village of Narborough, ideal for first-time buyers, or investors alike. Offered for sale with no upwards chain.
The property opens into a bright and welcoming front reception room, featuring a window to the front aspect, built-in storage and stairs rising to the first floor.
To the rear, a second reception area and enjoys views over the garden, with a door leading through to the kitchen.
The modern fitted kitchen, is well-appointed with a range of shaker style eye and base level units with work surface over, an integrated oven and gas hob, and space with plumbing for a washing machine and fridge/freezer space.
The inner lobby provides access to to the rear and into the downstairs bathroom.
The ground floor bathroom is fitted with a low-level WC, wash hand basin with built-in storage, bath with a shower over and a heated towel rail, with an obscured rear window allowing for natural light while maintaining privacy.
To the first floor, the master bedroom is positioned to the front of the property and benefits from a radiator. Bedroom two overlooks the rear and features a useful storage cupboard.
Externally, the enclosed rear garden has been designed to create an excellent space for relaxing or entertaining.
Predominantly laid to paving with surrounding borders, it offers a low-maintenance outdoor environment. Early viewing is highly recommended to fully appreciate what this home has to offer.
Living/Dining Room (7.82m x 3.56m (25'8 x 11'8)) Kitchen Inner Lobby Bathroom Bedroom One (3.43m x 3.56m (11'3 x 11'8)) Bedroom Two (3.35m x 3.56m (11 x 11'8))
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
FAQ
About 4, Princess Street, Leicester
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