3-bedroom house · LE2 1FA
For saleListed 778 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***offered for sale with no upward chain*** Spencers are pleased to present this three bedroom terraced house to the market.
Situated in the popular LE2 area of Leicester and being within close proximity to the city centre, the property makes an ideal first time/buy to let purchase.
The property benefits from having a new combination boiler installed approximately a year and a half ago. Front Reception Room – uPVC double glazed window to front elevation and a radiator.
Rear Reception Room - uPVC double glazed window to rear elevation and a radiator.
Kitchen – Having a range of wall and base units, space for appliances, sink with drainer, radiator and uPVC double glazed windows to side elevation.
Bathroom – Panelled bath with shower over, pedestal wash basin, W.C, radiator and a UPVC double glazed window to side elevation.
Bedroom One - uPVC double glazed windows to front elevation and a radiator. Bedroom Two - uPVC double glazed window to rear elevation and a radiator.
Bedroom Three - uPVC double glazed window to rear elevation and a radiator. Externally, the property benefits from a courtyard garden to the rear.
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
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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 56, Bartholomew Street, Leicestershire
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