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 work4-bedroom detached house · DE12 7RB
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY AND VILLAGE Absolutely stunning home, previously two farmworkers cottages that were demolished in 2006 and subsequently rebuilt using reclaimed brick, thus providing the appearance of a period property, yet enjoying all the facilities that a modern dwelling offers.
Notable features include four bedrooms, master with en-suite, three reception rooms, a fabulous living/dining kitchen and detached double garage with space above, ideal for a home office or hobbies room.
Allied to this all windows and external doors were replaced in 2023, a new boiler installed during 2020, plus the property enjoys zonal controlled underfloor heating on the ground floor.
Personal inspection is the only way to fully appreciate this exceptional property.
Oakthorpe itself is a peaceful and quiet village of around 1,000 inhabitants, situated in North West Leicestershire, with amenities including a leisure centre, primary school (OFSTED rating good), general store and fish bar.
For the commuter, the A42 is readily accessible, providing access to the national motorway network, Birmingham, Nottingham and Leicester being circa 28, 25 and 20 miles away respectively).
ACCOMMODATION GROUND FLOOR RECEPTION HALL Accessed via a composite entrance door and including an oak staircase rising to the first floor.
uPVC framed double glazed window, storage cupboard and slate flooring. The property enjoys zonal underfloor heating throughout the ground floor.
LOUNGE 14' 6" x 11' 8" (4.42m x 3.56m) With uPVC framed double glazed french doors opening to the courtyard garden. uPVC framed double glazed window to the side elevation.
feature exposed brick fireplace incorporating a multifuel burning stove. Slate flooring. SNUG 11' 8" x 10' 3" (3.56m x 3.12m) With uPVC double glazed window at two elevations. Slate flooring.
SITTING ROOM 12' 3" x 11' 9" (3.73m x 3.58m) With uPVC framed double glazed window at two elevations, period fireplace and slate flooring.
LIVING/DINING KITCHEN 25' 2" x 11' 5" (7.67m x 3.48m) This fabulous space includes a range of bespoke units providing work surface storage and appliance space.
Space for a range cooker with extractor fan over, Belfast style sink unit, integrated fridge freezer and dishwasher.
Exposed roof trusses, uPVC framed french doors opening to the courtyard garden, uPVC framed double glazed window, three sets of roof lights, slate flooring.
UTILITY ROOM 7' 9" x 7' 5" (2.36m x 2.26m) Inset stainless steel sink unit, base cupboards, larder cupboard and matching eye level wall cabinets.
Space and plumbing for a washing machine.Slate tiled floor with under-floor heating, extractor fan and down lighters. Door opening to the side elevation.
GUEST CLOAKROOM Comprising a suite in white of wash hand basin and W.C. Slate tiled floor with under-floor heating, uPVC framed double glazed window to the rear elevation.
FIRST FLOOR LANDING With oak flooring, central heating radiator and storage cupboard.
MASTER BEDROOM 10' 11" x 9' 4" (3.33m x 2.84m) With uPVC framed double glazed window, central heating radiator, oak flooring and inbuilt wardrobe.
EN-SUITE SHOWER ROOM Comprising a suite in white of wash hand basin and W.C. Walk in cubicle housing housing the mains fed power shower.
Opaque uPVC framed double glazed window, Chrome heated towel rail, oak flooring.
BEDROOM THREE 11' 3" x 10' 3" (3.43m x 3.12m) With uPVC framed double glazed window, central heating radiator, oak flooring.
BEDROOM TWO 12' 3" x 10' 3" (3.73m x 3.12m) With uPVC framed double glazed window at two elevations, central heating radiator, oak flooring, two fitted wardrobes either side of the chimney breast.
BEDROOM FOUR 7' 9" x 7' 5" (2.36m x 2.26m) With uPVC framed double glazed window, central heating radiator, oak flooring.
FAMILY BATHROOM This spacious room includes a suite in white of free standing bath with shower attachment off mixer tap, vanity wash hand basin and W.C.
Corner walk in cubicle housing the mains fed power shower. Opaque uPVC framed double glazed window, heated towel rail, oak flooring.
OUTSIDE The property is set back from the road behind a picket fence and an area of synthetic grass.
Adjacent to this is ample off road parking, which leads through to the DETACHED DOUBLE GARAGE 17' 7" narrowing to 16' 11" by 15' 10" (5.36m x 5.16m x 4.83m) with two sets of double doors, light and power supplies and staircase rising to the upper floor HOME OFFICE/HOBBIES ROOM, completed in 2023 and including roof lights, portal window, power supply and pipework for water and drainage.
The vendor advises us that previously there was planning permission to run a business from the upper floor, although this has now lapsed.
Beyond this there is a delightful courtyard garden which is extremely private and also includes two really useful outbuildings. ideal for storage and potential to develop for a home gym or similar.
The LPG gas tank is discretely hidden by synthetic lawn, adjacent to the front driveway.
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 Main Street, Oakthorpe
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