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See how verdicts work1-bedroom flat · LE2 3EA
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accessed through a secure communal lobby into the entrance hallway which provides access into all rooms.
The spacious living room has been tastefully decorated and includes a remote control operated wall mounted contemporary fire and shutters to the wall to wall windows.
The kitchen has a range of wall and base units with a mosaic styled tiled splashback with an electric integrated oven and stainless steel sink and drainer.
The sale also includes the washing machine/ dryer and freestanding tall fridge freezer.
A stylish shower room with white gloss wall tiles, large shower and contemporary built in toilet and basin with storage under. The double bedroom has a built in wardrobe.
This home is located on the edge of Stoneygate and Clarendon Park, lying approximately a mile to the south of the city centre.
The sought after area offers local day-to-day shopping and an abundance of trendy bars and restaurants can be found on the Queens Road, just a minute's walk away.
The city centre, professional quarters and mainline railway station are only a short distance away, across Victoria Park and down the leafy New Walk.
The property is also excellently situated for both of Leicester's universities, Leicester Royal Infirmary and both state and independent local schooling.
Lease Length: 125 Years from 1989 Ground Rent: £10 per annum Service Charge: Approx.
£42.90 per month EPC Rating: E Disclaimer Anti-Money Laundering (aml) Requirements In accordance with current Anti-Money Laundering and Proceeds of Crime legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf by Hipla, our approved aml provider. Once an offer is accepted, Hipla will contact you directly to complete the required verification.
A fee of £60 inclusive of VAT per person applies to cover the cost of these checks. This fee is payable directly to Hipla and must be completed before a Memorandum of Sale can be issued.
The fee is non-refundable and applies even if the transaction does not proceed. General Information These particulars are intended as a guide only and do not form part of any offer or contract.
While we endeavour to ensure the accuracy of the information provided, we have not tested any services, appliances, or equipment, and no warranty is given as to their condition or functionality.
Prospective purchasers are advised to inspect the property thoroughly and to commission appropriate surveys and professional reports before exchange of contracts.
Photographs, floor plans, and measurements are provided for guidance only and should not be relied upon as exact.
Referrals and Introductions Oliver Rayns Estate Agents may receive a referral fee or other benefit for introducing clients/customers to third-party service providers, including mortgage advisers, conveyancers, and surveyors.
You are under no obligation to use any recommended provider, and any referral does not affect the price you pay for those services.
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.
Area
Agent & docs
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FAQ
About Flat 8, 38 Avenue Road, Leicester
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