1-bedroom house · LE1 5NR
To rentReduced £25 (−3.6%) on 14 OctListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City centre living at its finest - *Double Bedroom with shared bathroom with 1 other room** Tranquillity Homes are proud to offer to market the most sought after rooms in Leicester.
Set in the heart of the city centre in a listing building full of original features these spacious bedrooms are finished to a stunning standard.
The rooms on offer are all excellent sizes and feature double beds, wardrobes and chest of draws as well as a dressing table/study table and chair.
The ensuites benefit from modern thermostatic showers, w/c and sink with vanity units.
The building is split up into two sections, each with 8 bedrooms and each share a stylish basement communal space with 50 inch TV and kitchen with two ovens, hobs and plenty of storage space.
The rent includes electric, gas, water, broadband and council tax
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 Room 5b Grey Friars Court, 1A, New Street, Leicester
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