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 · LE3 3JB
Listing removedReduced £11k (−5.2%) on 22 JulListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hampsons are delighted to present to the market with no upward chain, this extended two bedroomed semi-detached home occupying a generous plot in this sought after part of Leicester Forest East, being within easy walking distance of shops, parkland and good primary schooling.
The property would benefit from a scheme of modernisation but will be ideal for a first time buyer or buy to let investor and an early inspection is advised.
The internal accommodation comprises in brief; a porch leading into an entrance hall with a staircase rising to the first floor.
A door leads into a spacious lounge/diner with a bay window to the front and a feature fireplace.
A door from the dining area leads through to a pleasant sun room to the rear and an opening leads through to the kitchen which is fitted with a range of wall and base units and has space for a range of freestanding appliances.
To the first floor there is a landing with doors leading off to two good sized bedrooms and a family bathroom comprising a panelled bath, shower cubicle, low flush WC and a pedestal wash hand basin.
Externally, the property benefits from a gravelled frontage with a driveway leading to a gated car port.
The rear gardens are well proportioned and whilst presently overgrown, offer excellent potential. There is a detached garage (believed to contain asbestos) and a greenhouse.
Please note that with all properties, we do not guarantee the existence of building regulation certification or planning permission with regard to any extensions or alterations carried out, particularly where such extensions and alterations are historic.
Potential purchasers should seek legal advice from their chosen conveyancer in this respect.
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
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FAQ
About 90 Kings Drive, Leicester
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