2-bedroom flat · LE1 5TE
To rentListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grace House - 2-Bedroom Student Apartments in Leicester City Centre DISCLAIMER: Photos and floor plans are for illustrative purposes only. Actual layout and furnishings may vary.
Fantastic Central Location: Grace House is perfectly located just: * 5-minute walk to De Montfort University * 5-minute walk to Leicester city centre Apartment Features: * Spacious 2-bedroom flats * Open-plan kitchen/lounge with: o Oven & 4-ring hob o Dishwasher o Washer/dryer * Large shared bathroom with bath and overhead shower * 2 fully furnished double bedrooms with: o Bed, wardrobe, drawers o Desk and chair for studying * Entrance hallway for added space and storage Bills & Internet: * Water rates included in rent * Free internet connection provided * Electricity payable by tenants (from 1st July) Rents: £542 PER PERSON PER MONTH Tenancy Agreement: Please request more details!
Payment Options: UK-Based Guarantor required - please ask for payment details. No deposit required!
* UK students: Pay only £100 advanced rent upon booking T&Cs apply - contact our team for full details or to reserve your apartment.
If you are interested in this property, please call the office on or send an enquiry through Rightmove, and our helpful staff will contact you to book a viewing or provide further details.
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.
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
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 Grace House, Upper Brown Street, Leicester, Leicester City
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