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 house · LE2 2GN
Listing removedReduced £5k (−1.7%) on 26 JunListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oscar Richards Estate Agents are delighted to present to the market, this two bedroom semi detached house nestled in a highly sought after Oadby neighbourhood.
This property offers a blend of comfort, style, and convenience.
The property features a spacious kitchen with a dedicated dining area, complete with fitted modern units, a generous worksurface, and a suite of integrated kitchen and utility appliances.
The ground floor also benefits from a handy WC, ideal for guests and day-to-day convenience.
Upstairs, both bedrooms are well-proportioned and include fitted wardrobes, providing ample storage solutions.
The home is perfectly suited to first time buyers, young families, or professionals seeking a well-connected yet peaceful residence.
With close proximity to well regarded schools, local shops, and essential amenities, this property promises a lifestyle of ease and practicality.
The outside space has been thoughtfully designed for both relaxation and functionality.
To the rear, you will find an enclosed private garden, mainly laid to lawn and bordered with a combination of sturdy fence panels and brickwork for added privacy.
A slabbed pathway leads to a useful shed (ideal for outdoor storage), while the garden itself is perfect for outdoor seating or low-maintenance enjoyment.
The front of the property boasts a neat tarmac driveway with space for two vehicles, providing convenient off-road parking.
This delightful home combines attractive outdoor areas with practical features, making it an excellent choice for those seeking a move-in ready property in a desirable location.
Early viewing is highly recommended! Contact Oscar Richards Estate Agents to book your viewing today!
awaiting floor plan images EPC Rating: B Location Penny Lane is ideally situated within the highly desirable suburb of Oadby, one of Leicester’s most sought-after residential locations.
Known for its strong community feel, excellent amenities and outstanding schooling, Oadby is particularly popular with young families, first-time buyers and professionals alike.
The area boasts a superb selection of highly regarded schools, including the renowned Beauchamp College, making it an excellent choice for those prioritising education.
A range of nurseries and primary schools are also close by, offering convenience for growing families.
Everyday living is effortless, with Oadby town centre just a short distance away, providing a wide variety of shops, supermarkets, cafés, restaurants and essential services.
The area also benefits from a number of gyms, leisure facilities and healthcare providers, ensuring all lifestyle needs are well catered for.
For outdoor enjoyment, residents can take advantage of the beautiful green spaces at Brocks Hill Country Park, perfect for walking, relaxing and family activities.
Additional parks and open spaces further enhance the area’s appeal.
Excellent transport links are another key advantage, with easy access to Leicester city centre, the A6 and A563 ring road, as well as regular bus services making commuting simple for professionals.
Combining excellent schooling, vibrant amenities, green open spaces and superb connectivity, Penny Lane offers an outstanding opportunity for buyers seeking a well-rounded lifestyle in a thriving and community-focused location.
Ground Floor WC Convenient ground floor wc with handwash basin, radiator, vinyl flooring and partially tiled walls.
Living Room Spacious living room, front double glazed uPVC window, radiator, carpet, spotlights, stairs to first floor landing, ample space for a 3 piece sofa suite and media unit.
Offering access to the kitchen. Kitchen Spacious kitchen and diner.
Tiled flooring, french doors offering access to the rear garden, fitted wall and base units and worksurface, boiler, wash basin, integrated fridge freezer, hood, hob, oven & grill, washing machine and dishwasher.
Ample space for a large dining table and indoor furniture.
Bedroom 1 Rear double glazed uPVC window, radiator, carpet, light fitting, fitted wardrobes, ample space for a king size bed and bedroom furniture (bedside cabinets, drawers and dresser).
Bedroom 2 Front double glazed uPVC window, radiator, carpet, light fitting, fitted wardrobes, ample space for a double bed and bedroom furniture.
Bathroom Family size bathroom, bath with overhead shower, wash basin with taps and storage unit, wc, tiled flooring and walls, chrome towel radiator and spot lights.
Storage Cupboard Storage cupboard offering space for clothes, towels and everyday essentials Garden Rear enclosed private garden, lawn, bordered with fence panels and brick, and a slabbed pathway to the shed offering outdoor storage.
Parking - Driveway Neat front tarmac driveway for 2 vehicles.
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.
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FAQ
About 6 Penny Lane, Leicester
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