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 terraced house · LE2 0SA
Sold STCListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for investors to acquire a freehold property with no upward chain and a sitting tenant in place, providing immediate rental income.
Offering a potential gross yield of approximately 7% per annum, this is a ready-made addition to any rental portfolio.
Ideally positioned in Leicester (LE2 0SA), the property is conveniently located within easy reach of Leicester railway station and several highly regarded schools, ensuring continued tenant demand and strong long-term rental prospects.
Accommodation Overview The property offers well-proportioned rooms throughout, appealing to the strong local rental market: Living Room (3.35m x 3.38m) – Generous reception space with under-stairs storage and access to basement.
Dining Room (3.38m x 3.38m) – Separate dining area with staircase to first floor. Kitchen (3.05m x 1.83m) – Fitted with a range of wall and base units.
First Floor: Bedroom One (3.35m x 3.38m) – Spacious double bedroom. Bedroom Two (3.38m x 3.05m) – Double bedroom with additional storage cupboard.
Bathroom – Three-piece suite comprising panel bath with shower over, low-level WC, pedestal wash basin, and airing cupboard housing the boiler.
External To the rear is a good-sized, low-maintenance garden, mainly laid to lawn with a paved patio area and brick-built surround — attractive features for long-term tenants.
Tenure: Freehold Council Tax Band: A Postcode: LE2 0SA Tenant in Situ – Immediate Income Stream Strong Rental Location Close to Transport & Amenities A straightforward, income-producing investment in a high-demand rental area.
Ideal for both new and established landlords seeking reliable returns. Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
Agent & docs
FAQ
About Evington Street, Leicester
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