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 bungalow · LE3 2XP
Sold STCReduced £7k (−2.5%) on 8 AugListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering spacious and versatile accommodation throughout, this impressive three-bedroom semi-detached bungalow presents a fantastic opportunity for families, downsizers and buyers seeking the convenience of single-storey living without compromising on space.
Occupying a generous plot within a popular residential location, the property combines well-proportioned rooms with excellent outdoor space and a detached garage, creating a home ready to enjoy whilst still offering scope for personalisation.
Call and Press Option 5 to view.
Entering via the side of the property, you are welcomed into the spacious breakfast kitchen, offering an excellent range of fitted units, generous worktop space and ample room for dining, making it the perfect hub for everyday living.
From here, the accommodation flows through to the impressive lounge, a bright and generously proportioned reception room providing an ideal space to relax or entertain family and friends.
The property boasts three genuine double bedrooms, providing flexible accommodation for growing families, guests or those requiring a home office.
Completing the interior is a well-appointed family bathroom fitted with a modern suite. Externally, the property continues to impress.
A driveway to the front provides off-road parking, whilst to the rear you'll find a private enclosed garden offering an ideal space for outdoor dining, gardening or simply enjoying the warmer months.
A detached garage provides additional parking, secure storage or excellent workshop potential.
Situated in a well-established residential area, the property enjoys excellent access to local shops, supermarkets, schools and everyday amenities, together with regular bus routes and convenient transport links into Leicester City Centre.
Major road networks including the A47, M1 and M69 are also easily accessible, making this an excellent choice for commuters.
Offering generous living space, three double bedrooms and excellent outside space, this superb bungalow is a rare opportunity and early viewing is highly recommended.
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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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
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FAQ
About 34 Watergate Lane, Leicester
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