5-bedroom flat · LE2 0QR
To rentReduced £542 (−21.4%) on 10 JulListed 447 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly renovated flats consisting of 5 bedroomed self contained flat on London Road. Walking distance to Leicester University, Shops, Bars, Train Station and the City Centre.
The whole property has just been refurbished with new kitchens, carpets, decor and new furniture. Larger bedrooms are also available. 6 weeks rent free inclusive of utility bills.
Kitchens which are brand new will also have brand new cookers, microwave ovens and washer dryers, toaster and kettle.
Each bedroom will consist of a double bed & mattress, fitted wardrobes, study desk with shelving, There are communal showers and separate WC facilities within each flat.
This delightfully appointed and well maintained accommodation complies with regulations and is fitted with smoke & heat detectors throughout. An early viewing is recommended.
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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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 84, Nimi Halls, Flat 3, 84 London Road, LEICESTER
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