Studio flat · LE2 0ND
Listing removedListed 426 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A new development no agency fees 6 weeks rent free Conveniently located very close to the Leicester University, dmu and City Center.
The property is located just off main London Road, which has a large array of Bars, Restaurants Shops and also located close to the Train Station. Tesco and Sainsbury are also very close by.
There are a total of 14 studio flats within the property. The building is covered by CCTV security and will have secure video entry system. Bike storage and car parking facilities are also available.
Each bedroom will consist of a double bed with memory foam mattress with storage underneath, wardrobe with hangers, small chest of drawers and mirror.
Fitted desk which will include a drawer and chair and a notice boards. All rooms are fitted with solid and secure doors with spy holes and individual locks. Spacious bedrooms up to 20 Sq M.
Luxurious en-suite shower with WC. LED TV is also provided. The fitted kitchen is spacious and modern and will consist of a fan assisted cooker, microwave, toaster, large fridge freezer.
A washer dryer will be provided in communal areas. (no extra charges for use of washer dryer) On site maintenance is available.
This delightfully appointed and well maintained accommodation complies with regulations and is fitted with smoke detectors / emergency lighting & fire alarm throughout.
An early viewing is highly recommended.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1-3, Saxby Street, LEICESTER
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