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See how verdicts work2-bedroom terraced house · LE2 7NG
For saleReduced £5k (−2.8%) on 21 JunListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the Knighton Fields area of Leicester, this two bedroom terraced home offers well-proportioned accommodation arranged over two floors.
The property opens into Reception One positioned to the front of the home, featuring a double-glazed window, fireplace, meter cupboard and radiator.
Reception Room Two sits to the rear and includes a feature brick fireplace, laminate flooring, radiator and stairs rising to the first floor with useful under-stairs storage.
The kitchen is fitted with base units and split work surfaces, incorporating a stainless steel sink and drainer, built-in oven and gas hob, space for a washing machine and housing the boiler.
A double-glazed window and door provide access to the side. To the first floor, Bedroom One is located to the front and benefits from fitted wardrobes.
Bedroom Two overlooks the rear and includes a built-in cupboard and boarded flooring. The bathroom is fitted with a bath and shower over, pedestal wash hand basin and low-level WC.
Outside, the rear garden is paved with shrub borders and includes an outside store. The boundaries are partly fenced and walled with gated access to a side passage.
The property is situated in Knighton Fields, well placed for local amenities, Leicester city centre and transport links. Please note: All measurements are approximate.
Property and plot sizes are provided for guidance only and may have been sourced from third-party information.
Location The property is well located for everyday amenities and services including renowned local, public and private schooling, nursery day-care, Leicester City Centre and the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.
The property is also within easy reach of amenities along Welford Road and Queens Road shopping parade in neighbouring Clarendon Park, with its specialist shops, bars, boutiques and restaurants.
Reception One (3.50m x 3.41m) With a double-glazed window to the front elevation, a meter cupboard, a fireplace, and a radiator.
Reception Room Two (3.64m x 3.40m) With a double-glazed window to the rear elevation, stairs to the first floor with an understairs storage cupboard, a feature brick fireplace, laminate flooring, radiator.
Kitchen (2.89m x 1.81m) With a double-glazed window to the side elevation, a double-glazed door to the side elevation, stainless steel sink and drainer unit with radiator, boiler, base and split work surfaces over, built-in oven and gas hob, space for washing machine, radiator.
First Floor Landing With loft access. Bedroom One (3.86m x 3.51m) With a double-glazed window to the front elevation, fitted wardrobes, and a radiator.
Bedroom Two (3.65m x 2.98m) With a double-glazed window to the rear elevation, board flooring, a built-in cupboard, and a radiator.
Bathroom (2.76m x 1.81m) With a double-glazed window to the rear elevation, bath with shower over, pedestal wash hand basin, low-level WC, cupboard housing boiler, lino flooring and a radiator.
Rear Garden With an outside store, paved with some shrubs to borders, partly fenced and walled perimeter and a gate to a side passage.
Disclaimer Measurements are taken electronically and are for guidance only - not to be relied upon as exact. Services, appliances, and fittings have not been tested.
Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only. Knightsbridge Estate Agents make no warranties regarding the property.
By law, we must carry out anti-money laundering checks for buyers and sellers.
These are handled on our behalf by Lifetime Legal, who will contact you once you instruct us to sell or have an offer accepted. A £70 fee (incl. VAT) covers required data and any manual checks.
This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal.
We receive a portion of this fee for facilitating the checks.
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
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 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 38 Sheridan Street, Leicester
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