2-bedroom flat · LE1 1QA
Sold STCListed 32 daysAuction 7 Oct · ended
Opportunity summary
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About
TO BE OFFERED BY ONLINE AUCTION ON 07/10/2026 11:40 As an auction property the details are subject to change. Please check our website for any updates or addendum entries.
Description The property comprises a vacant two bedroom apartment benefiting from an en suite shower room to the master bedroom.
Location Location The property enjoys a prime City Centre location position on Colton Street with easy access to shops, restaurants and cultural attractions. Accommodation To be confirmed.
Tenure The property is held Leasehold.
EPC Energy Performance Asset Rating - D Buyer's Administration Fee There will be a Buyer's Administration Fee of £2,500 (inc VAT) payable upon exchange of contracts. Additional Information 1.
Completion will take place 14 days from the date of exchange. 2.
The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g.
the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
3.
If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use.
The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
Value & comps
No previous sales on record.
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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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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 Apartment 20 The Squirrel Building, 57 Colton Street, Leicester, Leicestershire, LE1 1QA
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