2-bedroom house · LE2 7HW
For saleListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION A great opportunity to purchase this two bedroom quarter house located in the popular district of Freemans Meadows, close to the Leicester Royal Infirmary, De Montfort University and City Centre.
Benefitting from gas central heating and double glazing with the accommodation briefly comprising of a lobby, fitted dining kitchen and living area, downstairs wc, two double bedrooms and shower room.
The property also benefits from an allocated parking space at the side of the property.
An internal viewing is highly recommended to fully appreciate the location the property sits in and the accommodation on offer upon the two floors. No chain.
HALLWAY Access to the property is via a composite front door through to an entrance area, fire alarm, radiator, laminate flooring, doors through to open plan living kitchen and ground floor WC.
OPEN PLAN LIVING KITCHEN AREA 16' 7" x 16' 7" (5.05m x 5.05m) Spacious open plan living kitchen; Living Room Area - uPVC double glazed window to the front elevation, radiator, stairs rising to the first floor.
Kitchen Area - Range of base and wall mounted fitted units with roll-edge work surfaces, integral four ring gas hob, stainless steel sink splash back, integral electric oven underneath, extractor fan over, stainless steel sink drainer with mixer tap over, space for fridge/freezer, space and plumbing for a washing machine, small breakfast bar, radiator, laminate flooring.
WC 2' 8" x 5' 4" (0.81m x 1.63m) Extractor fan, two piece white suit comprising a low flush WC, pedestal wash had basin, ceramic tiled splash back, radiator and hard flooring.
LANDING Door off to cupboard housing wall mounted boiler and shelving for storage, door through to airing cupboard housing hot water tank, doors off to both bedrooms and shower room.
BEDROOM 1 8' 5" x 13' 1" (2.57m x 3.99m) Access to loft space, uPVC double glazed doors to Juliet balcony to the front elevation, built-in over stairs storage cupboard/wardrobe and radiator.
BEDROOM 2 7' 9" x 6' 8" (2.36m x 2.03m) uPVC double glazed window to the front elevation and radiator.
SHOWER ROOM 4' 5" x 6' 6" (1.35m x 1.98m) Extractor fan, three piece white suite to include large walk-in shower cubicle with mains shower, low flush WC, pedestal wash hand basin, ceramic tiled splash back, radiator and tiled flooring.
OUTSIDE To the front of the property there is an area of lawn that offers the property some outside space. In addition there is also allocated off-road parking available. Outdoor storage cupboard.
Solar thermal panels.
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
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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 Watkin Road, Freemans Meadow, Leicester
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