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 house · LE7 1GD
Listing removedReduced £10k (−4.5%) on 25 JunListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Extended two-bedroom semi-detached home with garage - No Chain!** Offered to the market with no onward chain, this extended two-bedroom semi-detached home provides spacious and versatile accommodation, alongside an excellent opportunity for buyers to personalise and cosmetically update to their own taste.
The property has already benefited from several recent improvements, including new carpets, a newly fitted cooker, an updated WC, and a new front door, offering a solid starting point for further enhancement.
The ground floor features a generous through lounge/diner, creating a bright and sociable living and dining space, alongside the kitchen.
To the rear, a lobby leads to a versatile additional room, ideal as a potential third bedroom, home office, or second reception room, together with a convenient downstairs WC.
To the first floor are two well-proportioned bedrooms and a family bathroom.
Externally, the rear garden is both picturesque and easy to maintain, with a patio seating area, lawn, and well-established borders providing a pleasant outdoor setting.
Additional benefits include a useful coal shed/outbuilding and a garage, with dropped kerb access to the front.
With its flexible layout, recent upgrades, and clear potential for cosmetic modernisation, this vacant home represents an excellent opportunity for a wide range of buyers.
Early viewing is highly recommended. Entrance Porch Entrance Hall Lounge Dining Room (7.87m x 3.58m) Kitchen (2.29m x 2.08m) Reception Room/Bedroom 3 (3.6m x 2.98m) Rear Lobby (2.16m x 1.57m) W.C.
(2.08m x 0.86m) Bedroom One (3.63m x 3.52m) Bedroom Two (3.38m x 2.77m) Bathroom (2.27m x 1.96m) Garage (5.01m x 4.41m) Shed/Outbuilding (2.55m x 1.68m)
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
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FAQ
About 16, Brook Street, Leicester
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