2-bedroom house · LE9 4DX
Listing removedListed 111 daysAuction 14 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 14/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A two bedroom end of terrace house in need of updating, well located for the shopping and recreational amenities of Leicester - Let on a regulated tenancy of £4,264 per annum Description A two storey end of terrace house in need of updating.
Benefitting from a rear garden. Location Approximately 9 miles south-west of Leicester city centre and 4 miles east of Hinckley.
Convenient access to the M69 motorway, linking the M1, Leicester and Coventry. Nearest rail connections available via Narborough and Hinckley stations.
Transport National Rail - Hinckley Tenancy Let on a regulated tenancy of £82 per week. Accommodation Savills have not internally inspected the property believed to comprise two bedrooms.
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
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FAQ
About 38 Spring Gardens, Leicester
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