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 work3-bedroom house · LE7 4UE
Listing removedReduced £5k (−1.3%) on 7 JulListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly sought-after village of Rearsby, this beautifully presented three-bedroom barn conversion perfectly blends character features with modern-day living.
Offering spacious accommodation throughout, a stunning south-facing garden, a bespoke insulated garden room/home office, garage and driveway parking, this charming home is ideal for buyers seeking village life without compromising on convenience.
Ground Floor The property welcomes you into a warm and inviting living space, where character and comfort combine effortlessly.
The generous lounge enjoys an abundance of natural light thanks to patio doors opening directly onto the rear garden, creating a seamless connection between indoor and outdoor living.
Integrated Sonos ceiling speakers provide an added touch of luxury for entertaining or relaxing. At the heart of the home is the well-appointed kitchen/dining room.
Thoughtfully designed with ample work surfaces, integrated appliances and space for a substantial dining table, it is perfectly suited to both everyday family life and social gatherings.
First Floor The first floor offers three genuine double bedrooms, a rare feature in many properties of this style.
The principal bedroom benefits from its own en-suite shower room, while the remaining bedrooms are served by a stylish family bathroom.
Built-in storage further enhances the practicality of the accommodation. Outside A particular highlight of this home is the beautifully landscaped south-facing rear garden.
Designed to maximise enjoyment throughout the year, the garden features multiple seating and entertaining areas, a pizza oven and space for a hot tub, creating an ideal setting for outdoor living.
The bespoke garden room is a standout addition.
Fully insulated and complete with a wood-burning stove, this versatile space offers excellent potential as a home office, studio, gym or relaxation retreat, perfectly catering to modern lifestyles and flexible working arrangements.
The property also benefits from a garage and private driveway parking.
Location – Rearsby Rearsby is one of Leicestershire's most desirable villages, nestled within the picturesque Wreake Valley and surrounded by beautiful rolling countryside.
The village offers a wonderful sense of community, attractive period properties and easy access to an extensive network of country walks and outdoor pursuits.
Despite its peaceful setting, Rearsby remains exceptionally well connected. Leicester, Loughborough and Melton Mowbray are all within easy reach, making it an ideal location for commuters.
Nearby villages including Thrussington and Queniborough provide a selection of highly regarded pubs, restaurants and local amenities, while reputable schooling and excellent road links further enhance the appeal of this sought-after location.
Occupying an enviable position on the edge of the village, the property enjoys attractive sunset views across neighbouring farmland from the rear-facing bedrooms.
Communal Estate Charge: Approximately £358.83 per annum for the maintenance and upkeep of communal areas.
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, Auster Crescent, Leicester
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