3-bedroom house · LE3 1NL
For saleReduced £10k (−5%) on 25 AugListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Braunstone, this three-bedroom end townhouse presents an excellent opportunity for first-time buyers, investors, or anyone looking for a property they can modernise and make their own.
Offering generous accommodation throughout, the property is entered via a useful porch which leads into a spacious entrance hallway.
The hallway provides access to a large storage cupboard, additional under-stairs storage, stairs rising to the first floor, and a side door leading outside.
The kitchen is positioned to the rear of the property and is fitted with a range of base and wall-mounted units with work surfaces over and a sink unit.
The ground floor also benefits from two well-proportioned reception rooms.
The front reception room enjoys a feature fireplace and offers a comfortable living space, while the rear reception room also features a fireplace and benefits from a door opening directly onto the rear garden, making it an ideal dining room or family room.
To the first floor are three bedrooms, comprising two generous double bedrooms and a good-sized single bedroom which includes a built-in storage cupboard.
The family bathroom is fitted with a three-piece white suite and also houses the boiler within a useful storage cupboard. Outside, the property occupies a generous plot.
To the front is a sizeable garden area which offers potential for off-road parking or a driveway, subject to the necessary permissions.
To the rear is an exceptionally large garden, providing plenty of outdoor space for families, gardening enthusiasts, or those considering future landscaping projects.
Requiring some updating throughout, this property offers fantastic potential and represents an excellent opportunity to acquire a spacious home in a well-established residential location.
Value & comps
No previous sales on record.
Returns
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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 97, Overpark Avenue, Leicester
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