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See how verdicts work3-bedroom terraced house · LE2 7JG
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accomodation; Situated on Filbert Street East in Leicester, this spacious three-bedroom terrace property offers generous and versatile accommodation arranged over three floors, together with a practical layout that provides plenty of scope for modern family living.
The property retains the character and proportions typically associated with traditional Leicester terrace homes while offering a good amount of living, entertaining and flexible space throughout.
With two reception rooms, a sizeable kitchen diner, utility area, ground-floor shower room and a useful basement, the property provides considerably more accommodation than may initially be apparent from the front.
Upon entering the property, the entrance provides access to the ground-floor accommodation and leads through to two separate reception rooms.
Both rooms offer excellent versatility and can be arranged to suit the requirements of the new owner.
The first reception room would make a comfortable main lounge, providing a dedicated space for relaxing and entertaining, while the second reception room offers further valuable living space and could be used as a dining room, family room, playroom or additional sitting room.
Having two separate reception areas gives the property a particularly flexible layout and allows different areas of the home to be used for different purposes.
To the rear of the ground floor is the kitchen diner, which provides a spacious and sociable setting for everyday life.
There is ample room for a good-sized kitchen arrangement alongside a dining area, making this a practical space for family meals, entertaining guests and spending time together.
The kitchen diner also benefits from being separate from the main reception accommodation, helping to create a natural distinction between living and dining areas.
A separate utility area provides useful additional space for laundry facilities, storage and household appliances, keeping these practical requirements away from the main living areas.
The ground floor is completed by a shower room, providing an additional level of convenience and making the accommodation particularly practical for families and guests.
One of the property's most notable features is the basement, which offers a substantial area of additional space and considerable potential.
Rather than being limited to traditional storage use, the basement could be adapted to create a dedicated home office, cinema room, games room, gym, hobby room or entertainment space, subject to any necessary works and permissions.
This flexible lower-ground area gives the property an added dimension and provides an opportunity for the next owner to create a space tailored specifically to their lifestyle.
The first floor provides three bedrooms, comprising two large double bedrooms and a particularly well-proportioned third bedroom.
The two principal double bedrooms offer plenty of space for substantial bedroom furniture while still allowing room to move comfortably around the rooms.
The third bedroom is also a great size and provides considerably more flexibility than a conventional smaller third bedroom.
It would comfortably accommodate bedroom furniture and could equally be used as a child's bedroom, guest room, home office or dressing room depending on the needs of the household.
Location; The property is located on Filbert Street East, within Leicester, an area offering convenient access to a wide range of everyday amenities and local facilities.
Leicester is a vibrant and well-established city with a diverse mix of residential neighbourhoods, shopping areas, restaurants, leisure facilities, schools and employment opportunities.
The city centre provides an extensive choice of shops, cafés, restaurants, bars and cultural attractions, together with Leicester Market, the Highcross shopping centre and the city's historic quarter.
The wider Leicester area is well served by transport links, providing access to surrounding suburbs and neighbouring towns as well as the national road network.
Leicester railway station offers regular services towards Birmingham, Nottingham, Derby and London, including direct services to London St Pancras, making the city an attractive location for commuters as well as those working locally.
The city's road network also provides convenient connections to the A6, A47, A46 and M1, giving access to destinations across the East Midlands and beyond.
For families, the area benefits from a variety of schools and educational facilities within Leicester and the surrounding neighbourhoods, while the city itself is home to both the University of Leicester and De Montfort University.
There is also a broad selection of parks, green spaces, sporting facilities and leisure destinations within the city and surrounding area, providing plenty of opportunities for recreation and outdoor activities.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About 1a, Filbert Street East, Leicester
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