We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3 × 1-bed dwelling · LE2 1BA
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FIXED PRICE £260,000 Main Estates is proud to present this great investment opportunity of a generously proportioned three-bedroom terraced property which has been converted into 3 x 1 bedroom dwellings on the ever-popular Severn Street, ideally located just a stones throw from the bustling city centre.
The ground floor apartment boasts a spacious bedroom, a well-equipped kitchen, a bathroom, and a comfortable living room — perfect for creating a cosy, self-contained living space.
On the first floor, you will find another apartment with a kitchen, a bathroom with a separate toilet, an additional living room, and a sizable bedroom.
This floor is thoughtfully designed to accommodate as an additional rental opportunity.
The second floor further enhances the propertys appeal with a third apartment, which comprises of a bathroom, another generous living room, a third bedroom and a kitchen.
To the rear of the property, there is a small communal outdoor area, perfect for hanging up washing or providing additional storage space.
With ample space throughout, each floor offers the ideal layout for individual family living, complete with plenty of storage options.
Whether you-re a large family looking for a home with room to grow or an investor seeking a prime rental opportunity, this property on Severn Street is a must-see.
Contact Main Estates today to arrange your viewing by appointment.
Ground Floor Living Room - 3.65 x 3.99 m (11′12″ x 13′1″ ft) Ground Floor Bathroom - 1.04 x 2.20 m (3′5″ x 7′3″ ft) Ground Floor Kitchen - 2.45 x 2.76 m (8′0″ x 9′1″ ft) Ground Floor Bedroom - 3.05 x 3.75 m (10′0″ x 12′4″ ft) First Floor Bedroom - 2.47 x 2.24 m (8′1″ x 7′4″ ft) First Floor Living Room - 3.97 x 3.88 m (13′0″ x 12′9″ ft) First Floor Bathroom - 1.47 x 1.67 m (4′10″ x 5′6″ ft) First Floor Toilet - 1.48 x 0.85 m (4′10″ x 2′9″ ft) First Floor Kitchen 1 - 2.45 x 2.35 m (8′0″ x 7′9″ ft) First Floor Kitchen 2 - 3.02 x 1.73 m (9′11″ x 5′8″ ft) Second Floor Bathroom - 3.13 x 1.65 m (10′3″ x 5′5″ ft) Second Floor Bedroom - 2.62 x 3.95 m (8′7″ x 12′12″ ft) Second Floor Living Room - 2.89 x 3.93 m (9′6″ x 12′11″ ft)
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Severn Street, Leicester, Leicestershire, LE2
Explore nearby