4-bedroom house · LE5 1AE
For saleReduced £25k (−5.3%) on 22 SepListed 147 days
Opportunity summary
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About
A spacious four-bedroom detached property on Main Street, Humberstone, Leicester, LE5 1AE, offering significant renovation potential and the chance to create a truly impressive family home.
No onward chain Large detached home with generous internal space Four bedrooms, including two ensuite bedrooms Substantial renovation project – ideal for investors or buyers seeking a full refurbishment Damp issues, areas of damaged ceiling requiring repair, and general disrepair throughout Excellent scope to redesign, modernise, and add value Situated in the heart of Humberstone, close to local amenities, schools, and transport links This property is currently in very poor condition, requiring complete renovation from top to bottom.
Expect: Remedial and cosmetic works Full redecoration Flooring, ceilings, plastering, and damp treatment For the right buyer, this is a rare opportunity to transform a run-down house into a beautiful, modern family home tailored to your vision.
Finance is available, subject to status Ideal for developers, experienced renovators, or buyers looking for a project Kitchen/Diner (7.336m x 3.855m) Utility Room (2.886m x 1.57m) Reception Room 1 (3.859m x 3.443m) Main Lounge (5.859m x 3.954m) Office/Playroom 4.094m 2.575m Ground Floor W/C (1.585m x 1.113m) Bedroom 1 (3.969m x 3.568m) Ensuite Shower Room (1.929m x 1.543m) Bedroom 2 (4.01m x 3.47m) Bedroom 3 (4.016m x 4.039m) Ensuite Shower Room (2.079m x 1.397m) Family Bathroom (2.666m x 2.316m) Bedroom 4 (3.472m x 2.881m)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 101, Main Street, Leicester
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