3-bedroom semi-detached house · LE5 5TB
Sold STCListed 238 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 three-bedroom semi-detached house providing an excellent opportunity for families seeking a property with substantial potential and generous living space.
Situated in the highly sought-after Evington area, The home is ideally located close to outstanding local schools and main transport routes, making it perfect for busy households and commuters alike.
Upon entering, you are greeted by a welcoming hallway that leads to two spacious reception rooms, offering versatile options for entertaining, relaxing, or accommodating a growing family's needs.
The property also benefits from a convenient ground floor WC, adding to its practical layout.
The kitchen, while requiring modernisation, provides a solid foundation for those looking to create a bespoke culinary space tailored to their tastes.
Upstairs, three bedrooms provide comfortable accommodation, each offering ample natural light and scope for personalisation through decorative updates.
The family bathroom with a separate WC are well positioned to serve all bedrooms efficiently.
Additional features include a front driveway, allowing off-street parking for at least one vehicle, and a garage space that offers valuable storage or the potential for further development or a side extension (subject to planning permission).
The large rear garden, not only a desirable asset for families, also presents an exciting opportunity for future expansion or landscaping projects (subject to planning permission).
While the property does require modernisation and decorative work throughout, it offers the perfect blank canvas for buyers wishing to make their own mark and create a truly personalised family home.
With its generous proportions, flexible layout, and prime location within Evington, this property is ideally suited to those seeking to establish long-term roots in a vibrant and well-connected community.
Early viewing is highly recommended to appreciate the scope and potential this home has to offer. Contact Oscar Richards Estate Agents to book your viewing today!
Living room 3.3m x 5.2m Spacious front reception room with front uPVC bay window, radiator, carpet & light fitting. Dated decorative condition - potential to modernise and redecorate.
Living room 2 3.3m x 4.5m Spacious second reception room with uPVC french doors offering access to the rear garden, gas fire place, radiator, laminate flooring & light fitting.
Potential to modernise and redecorate.
Kitchen 2.3m x 3.4m Rear uPVC window overlooking the garden, handwash basin with taps, wooden worksurface, base units, boiler, tiled flooring, radiator, light fitting, ample space for fridge freezer and requires installation of additional kitchen units.
Access to the utility room. Dining area 1.6m x 3.4m Dining area with the kitchen, tiled flooring and in need of some decorative work to your standard.
Utility room Rear utility room adjacent to the kitchen. External side door. Side facing window to the garden. Access to the ground floor WC. Ample space for utility appliances (e.g.
washing machine, tumble dryer and fridge freezer). Potential to modernise and redecorate.
Ground floor WC 1.2m x 1.6m Ground floor WC with handwash basin with taps, tiled flooring and obscure uPVC window. Potential to modernise and redecorate.
Bedroom 1 3.3m x 4.4m Spacious double bedroom with front uPVC bay window, radiator, carpet, light fitting, traditional fitted wardrobes and drawers, ample space for a double bed and additional bedroom furniture.
Potential to modernise and redecorate.
Bedroom 2 3.3m x 4.2m Spacious double bedroom with rear uPVC window, radiator, carpet, light fitting, traditional fitted wardrobes and drawers, ample space for a double bed and additional bedroom furniture.
Potential to modernise and redecorate. Bedroom 3 2.0m x 2.3m Front uPVC window, radiator, carpet, light flooring, ample space for a single/bunk bed and additional bedroom furniture.
Could be used as a study/home office. Potential to modernise and redecorate. WC 1.1m x 1.3m WC, handwash basin, radiator & light fitting. Potential to modernise and redecorate.
Bathroom 2.0m x 2.1m Rear obscure uPVC window, radiator, handwash basin with taps, bath tub with shower, tiled walls. Potential for modernisation.
Garden Large rear garden, slabbed and mainly lawned. Providing potential for further development/extension (STPP).
Parking - Driveway Front driveway currently providing parking for at least 1 vehicle. Potential for 2 vehicles following the redevelopment of the front driveway area.
Value & comps
No previous sales on record.
Returns
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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 Broadway Road, Leicester, LE5
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