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 work1-bedroom flat · LE2 8AB
Listing removedReduced £5k (−4.5%) on 26 JunListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented ground floor apartment, thoughtfully converted to offer stylish and modern living.
Ideally situated within easy reach of Leicester City Centre, the M1/M69 motorway network, Leicester Royal Infirmary, and De Montfort University, this property is perfectly positioned for both professionals and commuters.
The apartment boasts a contemporary open-plan living, kitchen, and dining area, creating a bright and versatile space.
Additional benefits include electric heating, uPVC double glazing, a spacious double bedroom, and a well-appointed bathroom.
Offered for sale with no onward chain, this property represents an excellent opportunity for first-time buyers or investors alike. Tenure.
Leasehold 999 Year Lease from 2004 Ground Rent £50.00 per year Service Charge £150.00 per year which includes sinking fund Building Insurance £250.00 per year.
Living-Kitchen-Diner (6.92m Max x 5.90m Max (22' 8" Max x 19' 4" Max)) Modern open plan living accommodation with fitted kitchen comprising of base and wall mounted units, integral dishwasher, electric oven, electric hob, washing machine, dishwasher, one and half stainless steel sink, breakfast bar, wood floor, electric heaters, door and window to the front elevation.
Bedroom 1 (3.38m Max x 2.63m Max (11' 1" Max x 8' 8" Max)) With wood floor, electric heater, recess for wardrobe storage and cupboard housing hot water tank.
Bathroom (2.20m Max x 1.67m Max (7' 3" Max x 5' 6" Max)) With suite comprising of low flush wc, wash hand pedestal, bath including shower over and electric heater.
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
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
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FAQ
About Loft 2 The Factory, Denmark Road, Leicester
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