2 × 1-bed flat · LE3 1AP
To rentListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to take an entire building of three self-contained apartments on a single agreement, in an established residential street in Leicester's West End.
The property has just completed a full renovation throughout and comprises two one-bedroom apartments and one studio apartment.
Each is entered through its own private front door and there are no shared internal corridors, stairwells or communal facilities, so the three households operate entirely independently of one another.
Externally there is a courtyard garden with an outside store, and on-street parking to the front.
Flats One and Two each provide a reception room, a double bedroom with fitted wardrobes, a fitted kitchen and a bathroom, with gas central heating.
Flat Three is a studio with a combined living and sleeping space, a fitted kitchen and a bathroom, with electric heating. All three units are individually banded for council tax at Band A.
The accommodation is offered to companies only, on a fully repairing and insuring lease.
The incoming tenant will be responsible for internal and external repairs and for the insurance of the building throughout the term.
Terms are negotiable, with a term of three to five years preferred and an option to extend available.
Sweetbriar Road is well placed for Narborough Road and its shops, pharmacies and frequent bus routes, with Braunstone Gate and the West End close by and Leicester city centre a short journey away.
Fosse Park and fast access to the M1 and M69 are within easy reach. Viewings are available by arrangement across all three apartments.
A video walkthrough of the finished units, floorplans and compliance certification can be provided on request.
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
FAQ
About 11, Sweetbriar Road, Leicester
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