How much is Flat 3, Leicester?

The asking rent is £960 a month.

No floorplan from the agent

Flat 3, Leicester, LE2 0JA

2-bedroom flat · LE2 0JA

527 sq ft1 bath

Asking rent

£960/mo

To rentListed 73 days · slow let

Investor metrics

HMO Article 4 Direction AreaLeicester City Council HMO Article 4 Direction 2021 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

'Take a step in the right direction' at the Platform Apartments........a great purpose built block just 30 seconds from Leicester train station, the apartment consists on 2 double bedrooms, bathroom with bath and over bath shower, open plan living/dining and kitchen with integrated appliances.

With the train station, London Road and City Centre on your door step the world is your oyster!

The modern development is light throughout and finished to a good standard, the kitchen comes with integrated washing machine, fridge freezer and dishwasher. Call today to arrange a viewing.

£1200.00 pcm (for students) Council Tax Band: Holding Deposit: £221.00 Two bedrooms Epc - D Excellent location Close to train station Available End of August Coucil Tax Band - B Min Tenancy Term - 6M Car Parking Available at Additonal Cost Call us now!

Key information

Availability

Available now

Check availability with the agent

Floor Area

527 sq ft (49 sq m)

Reception Rooms

Local Authority

City of Leicester (B)

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.