How much is Room 4. 123 Cavendish Road, Leicester?

The asking rent is £550 a month.

No floorplan from the agent

Room 4. 123 Cavendish Road, Leicester

Studio flat

2 baths

Asking rent

£550/mo

To rentListed 11 days

Investor metrics

HMO Article 4 Direction AreaLeicester City Council HMO Article 4 Direction 2021 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

Start free Log in

About

The property

Description A well-presented, first floor, double room available in a spacious shared property located in the popular Saffron Lane/Aylestone area.

The property benefits from all bills included, making it ideal for professionals or students seeking comfortable and convenient accommodation. The room is double in size and offered fully furnished.

Communal areas include a modern living, kitchen and dining space, perfect for relaxing and socialising, along with a communal shower room.

Additional benefits include on street parking and a landscaped rear garden, providing excellent outdoor space.

The property is within walking distance of local amenities, with excellent road links offering easy access in and out of the city centre and surrounding areas. Early viewing is highly recommended.

Deposit: £634.61 Holding Deposit: £126.92

Key information

Furnished state

Furnished

Deposit required

£635

Bills

Bills Included

Reception rooms

Local authority

City of Leicester

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.