Auction
Auction date passed
This lot went to auction on 24 September 2026 (26 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
2-bedroom house · LE5 1PY
For saleListed 57 daysAuction 24 Sep · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 24th September 2026 commencing at 05:00 pm* Freehold. Two bedroom mid town house having gas central heating and double glazing. Ideal for owner occupier or rental investor.
Location The house is located in the popular residential location close to all amenities, schools for all grades and places of worship. All major transport links are located nearby.
Accommodation Ground Floor: Entrance hall, lounge, kitchen, washroom with WC. First Floor: Landing, two bedrooms, bathroom. Outside Front & rear garden area. Allocated car parking space.
Tenure Freehold with vacant possession. Rent Achievable £995.00 per calendar month exclusive (£11,940.00 per annum).
Note Purchasers are to be made aware that an additional charge of 1% + VAT of the purchase price will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts. Energy Performance Certificate EPC Rating C.
Solicitors Clearwater Solicitors Ltd, Clearwater House, 119-121 Coline Road, Burnley, BB10 1LN.
Tel: Email: *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions* note: Properties can be purchased prior to Auction
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 advisors 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 16, Carrington Road, Leicester
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