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 flat · LE10 1EF
Listing removedListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain! Two bedroom ground first floor flat overlooking Queens park.
Popular and highly convenient location within walking distance of the town centre, the Crescent, local schools, the leisure centre, doctors, dentists, train and bus stations.
The property benefits from white panelled interior doors and gas central heating. The deceptively spacious maisonette offers entrance hallway, and open plan living kitchen dining room.
Two good sized bedrooms and bathroom with separate shower cubicle. Fenced and enclosed rear garden. Tenure Leasehold 999 years from 2025. 50% Share of the freehold.
Maintenance costs shared between the 2 flats. Council tax band= B Accommodation Wooden and glazed door to the Entrance Hallway With spindle balustrades and stairway to first floor.
First Floor Landing With wired in smoke alarm, emergency lighting, Drayton thermostat for the central heating, attractive white panelled interior door to Living Dining Kitchen To Rear (5.98 x 4.18 (19'7" x 13'8")) The kitchen area with a range of fitted kitchen units with black roll edge working surfaces above, inset four ring gas hob with extractor hood above, oven and grill beneath.
Breakfast bar, inset stainless steel sink unit, one and a half bowl with mixer tap above and drainer.
Further range of wall mounted cupboard units, integrated fridge and freezer, plumbing for automatic washing machine, cupboard housing the Glow-worm gas combination boiler for the central heating and domestic hot water and vinyl flooring.
The living area with two double panelled radiators, TV aerial point, coving to ceiling and picture rails.
Bedroom One To Front (3.25 x 3.59 (10'7" x 11'9" )) With double panelled radiator and TV aerial point. Bedroom Two To Front (2.58 x 3.59 (8'5" x 11'9" )) With double panelled radiator.
Family Bathroom (2.30 x 1.99 (7'6" x 6'6")) With white suite consisting separate shower cubicle with tiled surrounds, mixer shower above, low level WC, pedestal wash hand basin and panelled bath with tiled surrounds.
Outside To the rear of the property is the fenced and enclosed rear garden. Adjacent to the property is a slabbed patio and plastic shed. The garden has views overlooking Queens Park.
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 56B., Queens Road, Hinckley
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