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See how verdicts work3-bedroom flat · LE2 6EQ
Listing removedReduced £15k (−4.9%) on 6 FebListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the landmark Wheatsheaf Works development, this beautifully presented three-bedroom maisonette blends modern comfort with striking architectural detail.
The property offers impressive open-plan living with high ceilings, sand-blasted brickwork, and large feature windows that create light-filled spaces.
The accommodation includes an entrance hall with storage, three well-proportioned bedrooms, with the main bedroom benefitting from an en-suite shower room and built-in wardrobe.
A contemporary family bathroom serves the additional bedrooms.
The heart of the home is the open-plan dining kitchen, featuring a range of fitted units, woodblock worksurfaces, and integrated appliances.
A spacious living room enjoys a dual-height ceiling and stairs leading to a mezzanine area with a glazed balcony, providing a versatile additional living or study space.
The property further benefits from air source heating with underfloor heating to select rooms.
Outside, there are both front and rear gardens designed for low maintenance, together with allocated parking for two vehicles.
Wheatsheaf Works is ideally placed for everyday amenities, renowned local schooling, Leicester University, Leicester Royal Infirmary, and Leicester General Hospital.
The popular Queens Road shopping parade in Clarendon Park with its boutiques, cafés, and restaurants is also within easy reach.
EPC Rating: C Location The property is well located for everyday amenities and services, including renowned local, public and private schooling, nursery day-care, Leicester City Centre and the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.
The property is also within easy reach of amenities along Welford Road and Queens Road shopping parade in neighbouring Clarendon Park, with its specialist shops, bars, boutiques and restaurants.
Entrance Hall With a double-glazed door to the front elevation, a built-in cupboard, stairs to the first floor.
Bedroom One (3.81m x 0.72m) With a double-glazed patio doors to the rear elevation, sand-blasted ceiling boards, a built-in wardrobe, a TV point, underfloor heating, door leading to the en-suite.
En-Suite (2.66m x 1.18m) With a shower cubicle with a shower screen, WC, wash hand basin with under-basin storage, tiled splashbacks, chrome wall-mounted towel rail.
Bedroom Two (3.75m x 2.24m) With a double-glazed window to the rear elevation, sand-blasted ceiling boards, underfloor heating, TV point.
Bedroom Three (3.12m x 3.08m) With a double-glazed window to the front elevation, sand-blasted ceiling boards, built-in wardrobes, TV point, underfloor heating.
Bathroom (2.3m x 1.9m) With a bath with mixer shower tap, WC, wash hand basin with under-basin storage, spotlights, wall-mounted chrome towel rail. First Floor Landing With a built-in cupboard.
Living Room (4.38m x 3.18m) (plus 2.18m x 1.72m) With a double-glazed window to the rear elevation, sand-blasted brickwork, a TV point, stairs leading to the mezzanine area.
Mezzanine Area (4.8m x 4.3m) With a glazed balcony overlooking the living room.
Fitted Dining Kitchen (5.24m x 3.80m) With double-glazed windows to the rear elevation, a sink and drainer unit with a range of wall and base units with work surfaces over, tiled splashback, four-ring electric hob, oven, fridge, freezer, extraction hob, plumbing for a dishwasher, radiator.
Front Garden Low-maintenance front garden. Rear Garden Rear patio style garden. Parking - Allocated Parking Allocated Parking for two vehicles. Please note that parking is subject to vehicle size.
Prospective purchasers should ensure the dimensions are suitable for their vehicle before relying on it for parking purposes.
Disclaimer Measurements are taken electronically and are for guidance only - not to be relied upon as exact. Services, appliances, and fittings have not been tested.
Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only. Knightsbridge Estate Agents make no warranties regarding the property.
By law, we must carry out anti-money laundering checks for buyers and sellers. These are handled on our behalf by Kotini. A £70 fee (incl. VAT) charge applies.
This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal.
We receive a portion of this fee for facilitating the checks.
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
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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 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.
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About 56 Wheatsheaf Way, Leicester
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