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See how verdicts work1-bedroom flat · LE3 0DD
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular residential area of Westcotes, Leicester, this first-floor two-bedroom flat on Fosse Road South presents an excellent opportunity for first-time buyers or investors alike.
Offered with no upward chain and priced at an attractive £75,000, the property is ideal for those looking to step onto the property ladder or expand their portfolio.
With potential for improvement, this flat could be transformed into a comfortable and modern living space. The first floor flat access is via side passageway.
The flat features a open plan living room, open plan kitchen, one bedroom, and a bathroom. The lease is for a term of 125 years from 01/01/2010 at an initial ground rent of £200.00 per annum.
The service charge £120.00 per annum. The property holds a Council Tax Band A rating and an EPC rating of 42 (Band E), offering an economical option for buyers seeking value and potential.
The local area offers an array of amenities within easy reach. Several major supermarkets, including Tesco and Aldi, are less than a mile away, catering to your daily shopping needs.
A number of well-regarded primary and secondary schools are located nearby, making it a convenient spot for families with children.
For those seeking leisure activities, the nearby Braunstone Leisure Centre offers sports and fitness facilities, while local parks and green spaces provide a tranquil setting for outdoor recreation.
Healthcare needs are well catered for with several GP surgeries and NHS clinics in close proximity, along with Leicester Royal Infirmary less than two miles away.
Excellent public transport links serve the area, with Leicester railway station approximately 2.5 miles from the property, connecting residents to major destinations including Birmingham, Nottingham and London.
East Midlands Airport can be reached in around 35 minutes by car, offering convenience for both domestic and international travel.
Internal viewing is highly recommended to truly appreciate the potential this property has to offer.
Whether you're an aspiring homeowner looking for your first step on the property ladder, or an investor searching for your next opportunity in a well-connected urban location, this flat promises both practicality and potential.
GROUND FLOOR Access via side passageway to the first floor.
FIRST FLOOR BEDROOM 11' (3m 35cm) 0 x 12' (3m 65cm) 8 (approx) With electric heater and double glazed window to front elevation.
OPEN PLAN LIVING ROOM 12' (3m 65cm) 0 x 12' (3m 65cm) 8 (approx) With laminated flooring and wall mounted electric heater.
OPEN PLAN KITCHEN 7' (2m 13cm) 6 x 6' (1m 82cm) 6 (approx) With fitted range of wall mounted & base units, fitted hob & oven, single drainer sink, plumbing for automatic washing machine, tiled flooring and extractor fan.
BATHROOM Full suite in white, paneled bath, low flush WC and wash hand basin and electric heated towel rail.
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
FAQ
About A 67, Eastleigh Road, Leicester, LE3
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