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 work3-bedroom property · LE9 7FR
Sold STCReduced £5k (−4.8%) on 26 OctListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
50% SHARED OWNERSHIP!
Modern end town house in a Sought after and convenient location within walking distance of the village centre including shops, schools, doctors, dentist, bus service, parks, restaurants, public houses and good access to major road links.
Well presented, with a range of good quality fixtures and fittings including white panelled interior doors, spindle balustrades, spotlights, wired in smoke alarms, gas central heating, UPVC SUDG and UPVC soffits and facias.
Offers fitted kitchen, lounge, separate WC, three bedrooms and family bathroom. Enclosed rear garden. Viewing recommended. Tenure - LEASEHOLD - 50% shared ownership Midland Heart Housing Associations.
£360.45 PCM for remaining 50% inclusive of rent, buildings insurance, management charge and estate charge.
99 year lease from 2002 (75 years remaining) Accommodation - Composite front door to Entrance Hallway - 0.86 x 1.86 (2'9" x 6'1") - with tile effect vinyl flooring, a single panelled radiator and wall mounted Honeywell heating thermostat.
Panelled door to Downstairs Wc - 0.73 x 1.86 (2'4" x 6'1") - with tile effect flooring, a single panelled radiator and low level WC.
Included in the WC also is vanity hand wash basin with storage and chrome taps above, tiled splash back and mounted RCD fuse board.
Panelled door to Lounge - 4.32 x 4.68 (14'2" x 15'4") - with single panelled radiator, smoke alarm and tv aerial point.
Feature fireplace with timber mantle and tile heart with a built in electric fire.
Panelled door to Kitchen Diner - 4.32 x 2.39 (14'2" x 7'10") - with tile effect vinyl flooring, single panelled radiator and a range of white floor standing and wall mounted kitchen cupboard units with brushed chrome handles.
One of the wall units houses Suprema gas boiler for central heating. Rolled edge wood effect laminate work surfaces with tiled splash back and white resin sink with chrome mixer tap.
Electric oven, four ring gas hob and extractor fan above. Panelled door to under stairs storage cupboard. UPVC SUDG French doors to garden.
Spindle balustrade staircase to First Floor Landing - with smoke alarm and loft access. Panelled door to Front Bedroom One - 2.47 x 3.95 (8'1" x 12'11") - with single panel radiator.
Panelled door to Rear Bedroom Two - 2.48 x 3.10 (8'1" x 10'2") - with single panel radiator. Panelled door to Front Bedroom Three - 1.64 x 2.92 (5'4" x 9'6") - with single panel radiator.
Panelled door to over stairs storage cupboard housing the immersion tank for domestic hot water. This bedroom is currently being used as an office however previously housed a single bed.
Panelled door to Family Bathroom - 1.74 x 1.56 (5'8" x 5'1") - Wood effect vinyl flooring and three piece suite consisting of a panelled bath with chrome mixer tap and electric shower above, low level WC and vanity sink basin with storage underneath and chrome mixer taps.
Tiled surrounds, extractor fan and single panelled radiator. Outside - Garden to front is concrete slabbed path leading to front door, surrounded by slate beds with mature shrubs.
Timber pedestrian gate to rear garden. Slabbed path adjacent to the property on the rear garden. Garden to rear is predominately laid to lawn with enclosed fencing, mature shrubs surrounding.
Large timber shed and outside tap.
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
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FAQ
About New Street, Earl Shilton
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