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 flat · LE4 4DY
Listing removedListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This recently modernised two bedroom ground floor apartment presents a superb opportunity for those seeking a comfortable and stylish home within a popular over 55’s complex, ideally situated in a central village location.
Upon entering, you are greeted by a welcoming hallway that leads into a comfortable lounge, perfect for relaxing or entertaining guests.
The attractive, stylish fitted kitchen is thoughtfully designed with contemporary finishes and offers some integrated appliances, providing both functionality and a modern aesthetic.
There are two bedrooms and a modern four piece bathroom suite which offers a touch of luxury with its high quality fittings and thoughtful layout (including a separate shower and bath).
The interior of this property has been tastefully updated by the current resident allowing new owners to move in with ease and add their own personal style if desired.
The property also benefits from double glazing and efficient heating, ensuring comfort and energy efficiency all year round.
The property is set within a well maintained development that is highly regarded for its community atmosphere, making it an excellent choice for those seeking a peaceful environment.
Residents benefit from convenient parking facilities and access to communal gardens, which enhance the sense of space and tranquillity within the complex.
The location is truly enviable, with a wide range of excellent local amenities just a short stroll away, including shops, cafes, medical facilities and leisure options, ensuring everyday needs are easily met.
In addition, the apartment enjoys superb transport links, with regular bus services and major road networks close by, making it easy to explore the wider area or visit friends and family.
This apartment is ideal for those looking to downsize, enjoy independent living or simply make the most of a vibrant village lifestyle with the reassurance of a supportive community.
Internal viewings are essential to truly appreciate the quality and comfort on offer, as well as the convenient and desirable setting.
Early viewing is highly recommended to avoid disappointment and to fully experience all that this exceptional property has to offer.
· Tenure Type: Leasehold · Lease Term: 125 Years granted 01/12/1985 · Qualifying Age: In receipt of a retirement pension or 55 yrs + · Combined service charge, ground rent and building insurance circa £200pcm Please note that this property is designed for ‘independent retirement living’ EPC Rating: C Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check.
An administration fee of £40 per property will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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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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.
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FAQ
About 16 St. James Court, Leicester
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