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 work5-bedroom terraced house · LE3 5HE
Listing removedListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction - A fully tenanted five bedroom, two bathroom HMO let to working professionals producing £28,800 per annum Description Freehold end-terrace house 5 bedrooms, 1 ensuite bathroom and 1 shared bathroom Communal kitchen and reception room Impressive gross yield of 18% on guide Current rental income of £2,400 per month / £28,800 per annum Prime Article 4 location HMO License granted for 5 households and 6 persons Location Situated on the well-connected Empire Road in Leicester, the property benefits from convenient access via the A50 and A47.
Providing direct routes to Leicester city centre, Leicester Royal Infirmary, and De Montfort University.
Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks, and is well positioned for access to major local employers and the wider Leicester employment market.
Transport links are provided by both Leicester and South Wigston Rail Stations.
HMO Compliance - HMO Licence - eicr - Fire Alarm Test Certificate - Gas Safety Certificate Copies of these documents can be found within the legal pack
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 2, Empire Road, Leicester
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