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 terraced house · LE4 5PD
Listing removedListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of Belgrave and overlooking the idyllic Belgrave Gardens is this well presented, traditional, two bedroom bay fronted terrace house.
Located on a quiet road in a conservation area this property is ideal for first time buyers, downsizers & investors alike.
Inside, the property briefly comprises; entrance porch, lounge, dining area and kitchen to the ground floor with two double bedrooms and a family bathroom to the first.
The property also benefits from front and rear gardens, uPVC Double & Triple glazed windows, gas central heating and recently improved loft insulation and damp proofing.
The Property - The property is entered via a uPVC double glazed door leading into. Entrance Porch - With door leading into.
Lounge - 4.5 x 3.4 (14'9" x 11'1") - With uPVC double glazed bay window to the front aspect, electric fire with feature surround and leads into the dining area.
Dining Area - 2.78 x 3.4 (9'1" x 11'1") - With stairs leading to the first floor, uPVC triple glazed window to the rear aspect and houses the family dining table.
Kitchen - 4.67 x 1.72 (15'3" x 5'7") - (maximum measurements) Fitted with a range of floor and wall mounted units, roll top work surfance and tiled splashbacks.
The kitchen also benefits from a gas hob, plumbing for a washing machine, stainless steel sink and drainer unit, pantry cupboard, dual aspect triple glazed windows and uPVC double glazed door leading out onto the rear garden.
The First Floor Landing - With access to the boarded loft, storage cupboard and provides access to the following.
Bedroom One - 3.49 x 3.86 (11'5" x 12'7") - Spacious double bedroom with fitted storage and uPVC double glazed sash window to the front aspect.
Bedroom Two - 3.79 x 2.94 (12'5" x 9'7") - (maximum measurements) Another double bedroom with fitted storage and uPVC triple glazed window to the rear aspect.
Bathroom - 3.79 x 1.84 (12'5" x 6'0") - (maximum measurements) Fitted with a three piece suite comprising bath, pedestal basin and wc.
The bathroom also benefits from a vanity unit, airing cupboard, radiator and obscure uPVC triple glazed window to the rear aspect.
Outside - To the front is a brick paved frontage with walled boundary. To the rear is a low maintenance courtyard style garden with fenced and walled boundaries.
To the side is access to the front and rear via the alleyway.
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
FAQ
About Vicarage Lane, Belgrave, Leicester
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