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 · LE4 3HR
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two double bedroom detached bungalow boasting a south facing rear garden. A 30ft car port, garage and plenty of off road parking, the property has been extended at the rear.
On entering the bungalow, the sellers have fitted cupboards for coats and shoes which is really useful and convenient, wooden flooring and access to all rooms.
Bedroom one is a spacious double bedroom with fitted wardrobes and a dressing table. Bedroom two is a further spacious double bedroom and ideal for guests. Both rooms face the front aspect.
A stylish and modern four piece bathroom is one of the many highlights to the bungalow. Fully tiled with a matching fitted suite.
Wash hand basin with vanity units, fitted units, W.C, bath and separate shower cubicle. Shower benefits from both a rain fall shower head and a hand held shower.
Double glazed window and heated towel rail.
The extended sitting room and dining room features a gas fireplace, double glazed window to the side aspect and sliding double glazed doors offers fantastic views over the rear garden.
This is a wonderful sized reception room. The kitchen has also been updated to include, a double oven, integrated dishwasher, built in fridge freezer and an array oc wall and base units.
Gas hob, cooker hood and double glazed window overlooking the rear garden. Combi boiler in kitchen unit. Door to the car port.
This 30 ft car port offers fitted units, a electric roll shutter door, power points, and a radiator. Access to the single garage and door to the south facing garden.
The garage also features power points and lighting as well as a window and door proving access from the rear garden.
The carport is also used in part as a utility room with plumbing and space for both a washing machine and dryer.
Sunny south facing garden - The rear garden is created with easy maintenance in mind, featuring elegant Indian slate patio slabs, astroturf, and charming flower borders.
A lovely summer house with power points and lighting adds a charming touch to the garden.
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 12, Wellgate Avenue, Leicester
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