3-bedroom detached house · LE2 1QZ
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish, converted coach house, tucked away on a private lane, providing easy access to Leicester city centre and the fashionable Queens Road.
Location - Cone Lane is located in the fashionable suburb of Stoneygate, nestled behind Victoria Park, notable for its Edwin Lutyens-designed war memorial, a lovely green space that hosts a weekly Park Run.
Beyond the park is the leafy Victorian New Walk promenade which gives access centre in approximately 20 minutes into the city centre with its professional quarters and mainline railway station.
The location is also convenient for the trendy Queens Road, much-loved for independent shopping, bars and restaurants.
Accommodation - The property is entered via a part glazed door into the entrance hall which houses a storage cupboard and has a part glazed door to the garden.
The sitting room has two double glazed windows. The conservatory is of brick and timber construction, with double glazed windows and doors leading onto the garden.
The breakfast kitchen boasts a good range of eye and base level units and drawers, ample preparation surfaces, a one and a quarter bowl stainless steel sink with mixer tap above, Lamoa double oven with four-ring halogen hob, plumbing for automatic washing machine and dishwasher, two double glazed windows.
Ground floor bedroom one has built-in wardrobes with mirrored fronts and two double glazed windows.
Bedroom two has built-in wardrobes, two full height obscured windows, a further double glazed window and an en-suite cloakroom with an obscured window providing a white two piece suite comprising a low flush WC and pedestal wash hand basin.
The ground floor bathroom houses the enclosed boiler and provides a low flush WC, pedestal wash hand basin and a panelled bath.
An inner hallway with a door to the front elevation houses the stairs to the first floor.
The first floor landing leads to the master bedroom, with three double glazed windows, a further double glazed Velux window and an en-suite shower room providing a low flush WC, inset wash hand basin with cupboard beneath, shower cubicle and a double glazed Velux window.
Outside - The property is approached via twin gates leading to the block paved driveway and hard landscaped courtyard style south-facing gardens.
Other Information - Tenure: Freehold Listed Status: None. Conservation Area: None.
Local Authority: Leicester City Council, Tax Band: D Services: Offered to the market with all mains services and gas-fired central heating. Broadband delivered to the property: Unknown.
Construction: Believed to be standard. Wayleaves, Rights of Way & Covenants: None our Clients are aware of. Flooding issues in the last 5 years: None our Clients are aware of.
Planning issues: None our Clients are aware of. Accessibility: No specific accessibility modifications made.
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
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FAQ
About Cone Lane, Stoneygate, Leicester
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