2-bedroom house · LE19 2RP
Listing removedListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom mid town house benefiting from gas central heating, Upvc double glazed windows, off road parking, rear garden, available immediately.
The accommodation comprises of entrance hall, downstairs wc, kitchen, lounge, two bedrooms and bathroom. An initial holding deposit equivalent to one weeks rental will be required upon application.
This figure will be deducted from the first months rent unless false and misleading information has been provided in which case the holding deposit will become non-refundable.
Photo identification will also be required and a credit check will be undertaken by ourselves on each potential applicant aged 18 years or over (including Guarantor if applicable).
Right to Rent checks will be undertaken for all applicants as required by law. Rent £950.00 Bond £1050.00 scam warning!
Please note, none of our properties are available from facebook or other social media sites, please do not pay deposits on properties you have not viewed internally.
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.
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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 9, Packhorse Drive, Leicester
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