5-bedroom terraced house · LE3 6AU
Listing removedListed 64 days
Opportunity summary
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About
For sale by online auction - A tenanted five bedroom, two bathroom HMO let to working professionals producing £32,700 per annum when fully let Description Freehold mid-terrace house 5 spacious double bedrooms, 2 shared bathrooms Communal kitchen and reception room Impressive gross yield of 16.7% on guide when fully let Currently part tenanted with 2 bedrooms advertised to let Prime Article 4 location HMO Licence granted for 6 households and 6 persons Add value opportunity with potential to add a 6th double bedroom or ensuites Location Situated on the well-connected Glenfield Road in Leicester, the property benefits from convenient access via the A50 and A563.
Providing direct routes to Leicester city centre, Leicester Royal Infirmary, and De Montfort University.
Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks, and is well positioned for access to major local employers and the wider Leicester employment market.
Transport links are provided by both Leicester and Narborough Rail Stations.
HMO Compliance - HMO Licence - eicr - Emergency Lighting Test - Fire Alarm Test Certificate - Gas Safety Certificate Copies of these documents can be found within the legal pack
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 35, Glenfield Road, Leicester
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