Flat 7, Weir View Lodge, 42 Pingle Wharf Approach, Leicester, LE3 5FZ

UPRN:2465217487Flat/Maisonette2 bedsBuilt -

LeaseholdCouncil Tax: -EPC: -

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoRisk· 5mo agoConnectivity· 1mo agoAmenities· 1mo agoArea· Census 2021

Flat 7, Weir View Lodge, 42 Pingle Wharf Approach, Leicester, LE3 5FZ

HP Score

/ 100

Mixed

Verdict

3 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

14 of 21 sources

Sale Estimate

£232,000

£220k - £244kHigh

Estimate

£232k

Range

£220k – £244k

Rent Estimate (pcm)

£950

£850 - £1k

Monthly

£950

Yield

5.30%

Verdict

Derived from HomePortfolio scores

Flat 7 earns an INVESTIGATE rating with HP Score 60/100. Investment score 53/100 reflects moderate fundamentals. Crime intensity is elevated. Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesPortal listingsMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)ONS Census 2021Police.ukHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

60/ 100

Mixed

Investment Score

53/ 100

Moderate

Crime Score

67/ 100

Elevated

Walkability

No data

Transit & Bike

No data

Opportunity

Why this could be an opportunity

Low confidence0 independent sourcesListing checked 30 Oct 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Valuation edge0/15
claims [AVM +7.3% (HIGH)] → measured edge +0.00pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 9 Oct 2026
- valuation_snapshotsestimate for 2465217487· as of 9 Oct 2026
Rental economics2.1/40
gross yield 5.3%; range width penalty ×0.88
- valuation_snapshotsrent estimate 950/mo (range 850-1000)· as of 9 Oct 2026· verify before relying on this
Stress margin0/30
stressed cash flow -339/mo, -36% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); fails the stress - earns nothing
- underwriting_assumptionscosts not disclosed by the advert· as of 30 Oct 2026
Seller motivationNot scored
context, not scored: 0 price cut(s), 244 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 30 Oct 2026
Risk & liquidity14.6/15
823 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivity

£161,000£247,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£215,000

At the asking price

Monthly rent£950/mo

Evidenced range £850-£1,000

Interest rate5.4%

Loan to value75%

Cash required: £67,600
Net cash flow: -£68/mo
Cash on cash: -1.2%
Score at this price: 17

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.31 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 2465217487Valuation edge · as of 9 Oct 2026
valuation_snapshotsrent estimate 950/mo (range 850-1000)Rental economics · as of 9 Oct 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 30 Oct 2026
portal_listingsprice_changes + first_published_dateSeller motivation · as of 30 Oct 2026
property_intelligencetransactions_12moRisk & liquidity

Sold comparables in depth

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 950/mo (range 850-1000)
Seller motivation could not be scored
context, not scored: 0 price cut(s), 244 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge

Property risk deep-dive →

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£232,000

Rent Estimate (pcm)£950

Gross Yield5.30%

1y Growth+0.8%

3y Growth+1.5%

5y Growth+3.0%

10y Growth+5.7%

Last Sold Price£240,000 (2024-12-13)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0LE3 5FZ

Approval Rate

-12mo

Development

low

20261603
Non material amendment to planning permission 20251281 (removal of Gabion Baskets and relocation of 2 trees to landscape verge adjacent block 6)
Pending
20261559
Removal of conditions 2 (student occupancy) attached to planning permission 20071409 (Change of use of basement, part of ground floor, first, second and third floors from offices (Class B1) and fourth floor extension to provide one 1 bedroom selfcontained flat (Class C3) and forty bedrooms for student accommodation in the following configuration: two 1 bedroom flats, one 4 bedroom cluster flat, three 6 bedroom cluster flats, two 8 bedroom cluster flats (sui generis)) to allow the property to be used as accommodation for young professionals as well as students (flats B, C, E, G, H, J) (Class C3), as well as short term lets (Flats D, F) (Sui Generis).
Pending
20261563
Change of use from house in multiple occupation (6 persons) (Class C4) to house in multiple occupation (7 persons) (sui generis); alterations
Pending

View Planning Timeline

Ownership

Corporate Ownership73.6%
Overseas OwnershipNo
Lease Term Remaining999+ yrs
CovenantsNone
Lease TypeLeasehold
Last Ownership Change2024-12-13
SourceLand Registry

View Ownership Details

Connectivity

Broadband (-)

Mobile 4G/5G Coverage

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£27,858

Population Density-

Owner Occupied24%

Age Distribution

0-15 18%16-64 77%65+ 5%

View Area Profile

Schools Nearby

Slater Primary School
0.2 mi
Report card2026
Ofsted no longer awards a single overall grade.
Castle Mead Academy
0.2 mi
Outstanding
Fosse Mead Primary Academy
0.3 mi
Good
Brook Mead Academy
0.5 mi
Outstanding

5 of 11 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

Weir View Lodge, 42 Pingle Wharf Approach
-
£230k
-
Weir View Lodge, 42 Pingle Wharf Approach
-
£223k
-
Weir View Lodge, 42 Pingle Wharf Approach
-
£209k
-
Weir View Lodge, 42 Pingle Wharf Approach
-
£225k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN