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 detached house · LE17 4TJ
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"As the present vendors' family has grown so too has the living space within this well presented detached home, as the property enjoys a useful rear extension.
Situated at the end of a pleasant cul-de-sac on the ever popular Greenacres Drive development, the spacious ground floor accommodation comprises of an entrance hall, guest cloakroom, lounge, dining room and open plan living kitchen.
To the first floor, there are three double bedrooms and a shower room. Outside, to the front there is driveway providing off road parking and leading to a garage/store.
Whilst to the rear, there is a generous and well maintained garden laid mainly to lawn with an extensive decked seating terrace, enclosed by hedgerow boundaries." Entrance Hall Composite entrance door with obscure double glazed side light to front aspect, radiator, communicating doors.
Cloakroom Fitted white suite comprising low level flush w.c., wash hand basin with vanity storage, radiator, cloaks/shoe storage cupboard, obscure uPVC double glazed window to front aspect.
Open Plan Living Kitchen 6.71m (22') x 3.63m (11'11") Refitted with a range of wall and base level units, quartz work surfaces over, central island incorporating inset stainless steel sink with flexi hose mixer tap and 'Insinkerator' cold filter and boiling water tap and 'Neff' induction hob with chimney style extractor hood over.
Built in eye level 'Neff hide and slide' double electric oven, integrated larder fridge and dishwasher, inset ceiling LED downlights, two radiators.
stairs rising to first floor, uPVC double glazed window to front aspect, obscure uPVC double glazed window to side aspect, uPVC double glazed French doors to rear aspect.
Dining Room 3.59m (11'9") x 2.77m (9'1") uPVC double glazed window to rear aspect, radiator, communicating door to: Lounge 4.63m (15'2") x 3.47m (11'5") uPVC double glazed French doors with double glazed side light to rear aspect, radiator, communicating door to: Inner Passage Currently used to store freestanding freezer, communicating door to garage/store.
Landing uPVC double glazed window to rear aspect, loft access, communicating doors.
Bedroom One 3.65m (12') x 3.41m (11'2") uPVC double glazed window to front aspect, radiator, fitted wardrobes.
Bedroom Two 3.97m (13') max x 2.77m (9'1") uPVC double glazed window to front aspect, radiator, built in double wardrobe housing 'Vaillant' gas central heating combination boiler (installed December 2017).
Bedroom Three 3.12m (10'3") x 2.68m (8'9") uPVC double glazed window to rear aspect, radiator.
Shower Room Refitted white suite comprising low level flush w.c., pedestal wash hand basin, double width shower enclosure, tiling to water sensitive areas, extractor fan, chrome ladder style towel radiator, obscure uPVC double glazed window to rear aspect.
Garden To the front there is a canopy porch over the entrance door with external light and lawn area with shrub planted borders.
A gravelled driveway provides off road parking and leads to the garage/store.
Gated side access leads to the generous rear garden which is laid mainly to lawn with an extensive decked seating terrace, hedgerow borders, garden shed, external water and power supply.
Garage/Store With up and over door, power and light connected, plumbing/space for washing machine. Miscellaneous Harborough District Council Council Tax Band C £2,170.69
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 Chestnut Avenue, Lutterworth, LE17
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