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See how verdicts work2-bedroom flat · LE2 7AH
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oscar Richards Estate Agents are delighted to bring to the market for sale this beautifully beautifully maintained two-bedroom flat, ideally situated in a prime Leicester location close to Narborough Road, Aylestone Road, the City Centre, De Montfort University and Leicester Royal Infirmary.
This property is offered with no onward chain, making it an excellent opportunity for investors, first-time buyers, professionals or those seeking a new or growing family home.
The flat is ready to move in, featuring a modern open plan kitchen, diner and living room, which creates an inviting and versatile space for both relaxing and entertaining.
The kitchen area is fitted with contemporary units and integrated appliances (subject to inspection), providing a practical and stylish environment for meal preparation and dining.
Both bedrooms are generously proportioned, allowing for comfortable double beds, ample storage and additional furnishings as desired.
The layout has been thoughtfully designed to maximise light and space, ensuring a bright and airy ambience throughout.
Neutral décor and high-quality finishes add to the property’s appeal, offering a blank canvas for personalisation.
The bathroom is well-appointed with modern fixtures and fittings, including a bath with shower over, wash basin and WC, providing both convenience and comfort.
Its location offers immediate access to a wide range of essential amenities, including supermarkets, shops, cafes and restaurants, all within easy walking distance.
Excellent transport links are available nearby, with bus routes and road connections making commuting to the city centre, university campuses or Leicester Royal Infirmary straightforward and efficient.
This flat represents a rare opportunity to acquire a spacious, move-in ready home in a highly sought-after area, combining contemporary living with every-day practicality.
Leasehold: Service Charge: £240.00 pcm, Ground Rent: £150.00, Leasehold 131 years remaining Early viewing is highly recommended. Contact Oscar Richards Estate Agents to book your viewing today!
awaiting floorplan images EPC Rating: D Location Watkin Road enjoys a prime position within one of Leicester’s most convenient and fast-growing residential locations, offering an ideal setting for investors, families and professionals alike.
Situated close to the city centre, this vibrant area combines excellent connectivity with a wide range of amenities, making it highly desirable for both owner-occupiers and tenants.
The location is exceptionally well placed for access to major employers and educational institutions, including De Montfort University and Leicester Royal Infirmary, making it particularly attractive to healthcare professionals, academics and students.
Nearby business districts and commercial hubs further enhance the area’s appeal for working professionals and investors seeking strong rental demand.
Residents benefit from excellent everyday amenities, with supermarkets, shops, cafés, restaurants and leisure facilities all within easy reach.
The nearby King Power Stadium and surrounding regeneration areas continue to contribute to the area’s growing popularity and investment potential.
For commuters, Watkin Road offers superb transport connections, with straightforward access to Leicester city centre, Leicester Railway Station and major motorway links including the M1 and M69, ensuring convenient travel across the Midlands and beyond.
Combining city convenience, strong rental appeal and proximity to major landmarks, Watkin Road presents an outstanding opportunity for buyers seeking a well-connected home or a high-potential investment in one of Leicester’s most dynamic residential areas.
Bedroom 1 Spacious double bedroom, double glazed window, laminate wooden flooring, light fitting, fitted wardrobes, ample space for a double bed and bedroom furniture.
Bedroom 2 With En-Suite Spacious second bedroom, double glazed window, door leading to a bathroom. Laminate wooden flooring, light fitting, ample space for a double bed and bedroom furniture.
En-suite bathroom includes tiled flooring and walls, shower cubicle with overhead shower, wc, hand wash basin with taps.
Bathroom Family bathroom with double glazed obscure window, wc, wash basin with taps, tiled flooring and walls, bath with overhead shower, radiator.
Open Plan Kitchen And Living Room Very spacious open plan kitchen, diner and reception room.
Integrated hood, hob, fitted wall and base units, worksurface, tiled flooring, ample space for a suite of sofas and media unit. French doors to a balcony overlooking the garden.
Garden Secure enclosed rear garden mainly lawned, slabbed area for rest and relaxation. Parking - Permit Enquiries with the Leicester City Council
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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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 advisers 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.
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FAQ
About Flat 1, 39 Watkin Road, Leicester
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