2-bedroom flat · LE2 6BD
To rentListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description **Available Now** Fair-Way Properties are pleased to offer this 2 bedroom first floor apartment located in the city centre close to the University of Leicester.
The property provides an excellent location to commute in and out of the city from.
The property briefly comprises of entrance hall with video intercom, a large living room with a Juliet balcony overlooking the green space below, a modern kitchen, 2 bedrooms and a bathroom with a shower over the bath.
Access to the property is through an electric gate which leads to the car park located behind the building, where there is one allocated space opposite the communal entrance door to the block.
The property benefits from electric heating and hot water and has UPVC double glazing throughout. The property is available to rent on an unfurnished basis.
This advert only shows the calendar monthly rental cost of the property.
A Holding Deposit is payable upon applying for the property and will be used towards the first month's rent if your application is successful. See our website for Holding Deposit terms and conditions.
The Holding Deposit for this property is £215. The Security Deposit for the property is £1050.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 14 The Strand 238-240, The Strand, Welford Road, Leicester
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