1-bedroom flat · LE2 7DP
For saleListed 534 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is highly recommended * awaiting floor plan images Oscar Richards Estate Agents are delighted to offer this one bedroom student apartment located at 56 Gateway Street, located very close to De Montfort University and the Leicester Royal Infirmary Hospital and popular main routes including City Centre, Narborough Road and Welford Road.
This property presents an exceptional opportunity for seasoned investors, first time investors and first time buyers due to its living and rental potential.
This investment has potential to provide immediate rental income due to its popularity for student living.
This accommodation includes a well proportioned bedroom offering a comfortable retreat, whilst the bathroom is conveniently located to serve residents and visitors.
The leasehold is for 240 years and expires on 04/09/2265, making it an attractive purchase for the ideal buyer. Further information is available by contacting Oscar Richards Estate Agents.
Don’t delay, book your viewing today! Bedroom Spacious single bedroom, laminate flooring, uPVC double glazed window, radiator, light fitting, overhead storage, space for wardrobe, drawers and desk.
Kitchen Convenient and functional kitchenette with fitted wall and base units, integrated oven, hand wash basin, taps and storage.
Bathroom Tiled flooring and walls, shower cubicle, wc, sink, wall mounted mirror, radiator and light fittings.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 25 Primus Place, 56 Gateway Street, Leicester
Explore nearby
.png){kind=logo}
