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 bungalow · LE7 3ZU
Listing removedListed 275 daysAuction 25 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 25th February 2026 commencing at 05:00 pm* Freehold.
Two bedroom detached bungalow situated in a sought after residential location, potential for further extension subject to planning. Ideal for owner occupier, first time buyer or rental investor.
Location The property is located in the sought after village of East Goscote within a mainly residential area. Easy access is provided to the main motorway networks via the A46.
Accommodation Ground Floor: Entrance porch, lounge, kitchen, inner hall, bedroom one, bedroom two, bathroom. Outside: Front garden area along with good size rear garden space.
There is also a garage in a block. Tenure Freehold with vacant possession. Rent Achievable £950.00 per calendar month exclusive (£11,400.00 per annum) - after slight improvement.
Note Purchasers are to be made aware that an additional charge of 1% + VAT of the purchase price will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts. Energy Performance Certificate EPC Rating D.
Solicitors Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX.
Tel: Ref: R.Sculthorpe) Email: *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions* note: Properties can be purchased prior to Auction
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 8, Thatchers Corner, Leicester
Explore nearby
.png){kind=logo}
