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 · LE2 8TJ
Sold STCReduced £15k (−5.3%) on 11 SepListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular and convenient location, this well-proportioned three-bedroom detached home offers a fantastic opportunity for buyers looking for a property they can make their own.
Lovingly enjoyed by the previous owner, the home provides a generous layout, good-sized rooms and a generous plot, making it an exciting prospect for those looking to create a lovely family home for years to come.
The entrance porch leads into the generous dual-aspect living room, where plenty of natural light fills the space.
Wood-effect flooring and sliding doors opening directly onto the rear garden create a lovely connection between the living space and outside, with the garden offering an ideal setting for relaxing or entertaining.
The kitchen provides a good range of wall units, plumbing for a washing machine, space for a fridge freezer and provision for an oven and hob.
There is also a dedicated dining area, together with a useful courtesy door providing access to the side of the property. A WC completes the ground floor.
Upstairs, there are three good-sized bedrooms, with bedrooms two and three both benefiting from built-in storage.
The family shower room is a generous size and comprises a WC, wash hand basin and walk-in shower.
One of the property's real highlights is the generous rear garden, which is arranged over several tiers and combines lawn and patio areas.
There is plenty of space to enjoy outdoor dining, entertaining and family time, while the generous plot also offers exciting potential for those wishing to consider extending the property, subject to the necessary planning permissions.
To the front, there is off-road parking and access to the garage, which benefits from an electric roller door.
With its generous accommodation, detached position, good-sized garden, garage and exciting potential, this is a property that offers the opportunity to create something truly special.
Entrance Porch Living Room (3.71m x 7.44m (12'02 x 24'05 )) Kitchen & Dining Area (5.69m x 2.41m (18'08 x 7'11 )) Wc Bedroom One (2.72m x 4.67m (8'11 x 15'04 )) Bedroom Two (4.14m x 2.74m (13'07 x 9 )) Bedroom Three (3.58m x 2.62m (11'09 x 8'07 )) Shower Room (2.03m x 2.74m (6'08 x 9 )) Garage (2.49m x 5.28m (8'02 x 17'04 ))
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 115, Wigston Lane, Leicester
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