3-bedroom house · LE3 5EQ
Sold STCReduced £15k (−7.1%) on 31 JulListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Well-presented three-bedroom family home ideally located within easy reach of Leicester City Centre.
Offered to the market with no upward chain, this property is perfect for first-time buyers and investors alike, with a potential monthly rental income of approximately £1,100, offering an attractive yield of around 6.29%.
The accommodation briefly comprises a welcoming living room flowing through to the dining room, with staircase rising to the first floor and useful understairs storage.
The kitchen is fitted with a comprehensive range of wall and base units, integrated oven and hob, and plumbing for a washing machine.
Completing the ground floor is the family bathroom, featuring a panel bath with shower over and tiled surround, low-level WC, and pedestal wash hand basin.
To the first floor are three generously sized bedrooms, with fitted storage to the second bedroom. Externally, the property benefits from low-maintenance gardens to both the front and rear aspects.
Conveniently situated within walking distance of local schools, supermarkets, and excellent transport links, this home is located in a highly popular area close to Leicester City Centre.
Early viewing is highly recommended. Council Tax Band: A Tenure: Freehold
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
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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 20 Fosse Road North, Leicester
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