Studio flat · LE1 6WJ
To rentListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Available immediately, this fully furnished ground floor studio flat on Newtown Street, Leicester (LE1 6WJ) is available to rent for £550 pcm.
Key Features Rent: £550 pcm Deposit: [£633 / 5 weeks' rent] Location: Newtown Street, Leicester, LE1 6WJ Floor: Ground Floor Furnishing: Fully Furnished Availability: Immediately Property Description This self-contained ground-floor studio apartment offers a practical and comfortable living space in a highly desirable pocket of Leicester.
The property comes fully furnished with essential furniture, making it entirely move-in ready for a Single occupant preferred or student looking for their own independent space.
The layout features an open-plan living and bedroom area, a functional kitchen equipped with appliances (including white goods), and a private, separate shower room.
Being situated on the ground floor, the property offers easy, step-free access.
Location & Amenities Located in a vibrant and sought-after residential area of LE1, the property benefits from excellent transport links and local conveniences: Brilliant Transit: Just a short walk away from Leicester Train Station.
Prime Academic Access: Perfect for students, offering quick access to both De Montfort University and the University of Leicester.
City Living: Close proximity to the bustling Leicester City Centre, local shops, supermarkets, and green spaces like Victoria Park. Council Tax Band: A Deposit: £633
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.
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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
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FAQ
About 16c Newtown Street, Leicester
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