House · LE1 6HJ
Listing removedListed 195 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Commercial premises located on Wellington Street Location The property is located at the City Centre which is within close proximity to all the amenities and just a short walk from the train station.
Description The total floor space of the property is approximately 2,200sq ft Rent £1,666+VAT Per Month Viewings Strictly by appointment only. Lease Lease terms to be negotiated.
Legal Costs Interested parties shall be responsible for both parties’ legal costs. Rates The rates are to be confirmed.
Any individual parties should satisfy themselves as to the likely rates payable from the date of occupation by contacting the Local Authority. Property Reference: 18474850
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.
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
.png){kind=logo}
FAQ
About First Floor, 53A - 57 Wellington Street, Leicester
Explore nearby
