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 house · LE4 0ER
Listing removedListed 166 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 this superbly presented home offering spacious and flexible accommodation arranged over three storeys, located on the sought after Barratt Homes City Heights development, being close to good primary and secondary schooling, Beaumont Shopping Centre, regular public transport links into the city and the major road network, with the A46 just a few minutes drive away.
The property also benefits from solar panels which are owned by the property, resulting in reduced energy bills.
The internal accommodation comprises in brief; a welcoming entrance hall with a downstairs WC and cloaks cupboard off.
A door leads into a separate study/play room and a staircase rises to the first floor.
A door from the hall leads into the superb open plan living kitchen, with the kitchen area being superbly fitted with a range of gloss fronted wall and base units with contrasting worksurfaces and a selection of integrated appliances.
The living area features a large set of French doors to the rear bringing in plenty of natural light and giving access to the garden.
To the first floor there is a generous sitting room/bedroom which has a window to the front.
Also on the first floor is another good sized double bedroom with access to an en-suite shower room comprising a double shower cubicle, low flush WC and a pedestal wash hand basin.
The second floor features a landing, two further well proportioned bedrooms and a bathroom comprising a panelled bath, low flush WC and a pedestal wash hand basin.
Externally, to the side of the property there is a driveway affording off road parking for two cars and a gate gives access to the rear gardens which are majority lawned with a patio and there is a non-overlooked rearward aspect offering a good degree of privacy.
We understand that there is a not currently a charge payable for the upkeep of the communal areas of the development, however this is likely to change upon completion of the development and prospective purchasers should seek advice from their solicitor regarding this.
EPC Rating: B Kitchen/Living Area (6.08m x 3.90m) Study (2.72m x 1.87m) Bedroom 1 (3.88m x 2.97m) En-Suite (2.15m x 1.53m) Bedroom 2 (3.88m x 3.65m) Bedroom 3 (3.9m x 3.5m) Bedroom 4 (3.90m x 2.78m) Bathroom (1.95m x 1.53m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 92 Ashcott Avenue, Leicester
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