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See how verdicts work3-bedroom house · LE2 8ES
For saleReduced £5k (−1.9%) on 5 AugListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive and deceptively spacious three-bedroom period property, ideally located within walking distance of local amenities, schools and excellent transport links, offering easy access to the City.
This attractive home provides generous, well-balanced accommodation, blending character with modern presentation. Beautifully maintained throughout, it is ready for immediate occupation.
The ground floor features a welcoming entrance hallway leading to a bright and spacious living/dining area with study area beyond, perfect for relaxing or entertaining and home working.
The well-appointed kitchen offers ample storage and workspace, supporting modern family living with the added benefit of a utility area and downstairs shower room.
Upstairs, there are three well-proportioned bedrooms with the main room having a shower room and a family bathroom finished to a good standard.
Externally, the property benefits from a rare double garage, ideal for secure parking or additional storage.
Offered with no onward chain, this home is perfect for first-time buyers or those looking to downsize, all within a convenient and well-connected location.
EPC Rating: C Entrance Hall Accessed via a composite front door. Door off to: Lounge. Stairs rising to: First floor. Original 'Minton' tile flooring. Radiator.
Lounge Area (4.22m x 3.35m) UPVC double glazed bay window to front aspect. Log burning stove. TV and telephone point. Radiator. Dining Area Door to: Kitchen. Radiator. Opening through to: Study area.
Study Area/Sun Room (3.05m x 2.18m) UPVC double glazed 'French' doors out to: Rear garden. 'Velux' window. Door to: Kitchen. Radiator.
Kitchen (4.75m x 2.67m) Having a selection of fitted base and wall units with a laminate worktop over and a stainless steel sink with drainer.
There is a freestanding gas top cooker with electric oven, extractor, space and plumbing for a freestanding dishwasher and space for a freestanding fridge/freezer.
UPVC double glazed window to side aspect. Opening through to: Utility area. Vinyl flooring. Under stairs storage cupboard. Radiator.
Utility Area Laminate worktop over, space with plumbing for a freestanding washing machine. Boiler. UPVC double glazed door out to: Rear garden. Door to: Downstairs shower room.
Downstairs Shower Room Comprising: Shower enclosure, low level WC and wash hand basin. UPVC double glazed window to side aspect. Vinyl flooring. Radiator. Landing Doors off to: Bedrooms and bathroom.
Loft hatch access. Bedroom One (4.60m x 3.63m) UPVC double glazed window to front aspect. Feature cast iron fireplace. Radiator. Door to: Shower room.
Ensuite Shower Room Comprising: Shower enclosure and wash hand basin. UPVC double glazed window to front aspect. Vinyl flooring. Chrome heated towel rail.
Bedroom Two (3.63m x 3.05m) UPVC double glazed window to rear aspect. Feature cast iron fireplace. Radiator. Bedroom Three (2.67m x 2.16m) UPVC double glazed window to side aspect. Radiator.
Bathroom Comprising: Bath with shower over, low level WC and wash hand basin. UPVC double glazed window to side aspect. Vinyl flooring. Radiator.
Garden The property has an enclosed courtyard to the front with tiled pathway to the front door and gravel area.The delightful and well tended rear garden is a great sun trap with a paved patio area, lawn and wooden shed.
Parking - Double Garage There is a double garage located to the rear of the property providing off road parking for two vehicles.
The garage has up and over doors, power and lighting with a handy pedestrian door into the rear garden. Agents note: Driveway must be kept clear at all times, parking is inside garage only.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
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
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FAQ
About 31 Lorraine Road, Leicester
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