3-bedroom property · LE3 5RW
SoldListed 258 daysAuction 12 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb three bedroom terrace family home occupies an attractive and generous plot within a sought after city area.
Conveniently located for a plethora of local amenities including large supermarkets, local shops and eateries and schools the home is also on a good bus route and excellent commuter roads in and out of the city of Leicester.
The home itself is very well presented throughout and has been maintained and improved by the current owners during their two decades living there. It has obviously been well loved and cared for.
As you enter this leads into a small entrance area with stairs rising the first floor and a door that takes you through to a generous lounge.
The lounge is a dual aspect space with a window to the front elevation and a window at the rear. A door that leads through to a good size kitchen.
The kitchen has a range of base and wall mounted fitted units with roll-edge work surfaces and a stainless steel sink drainer.
There is space for a cooker with extractor hood over and plumbing for a washing machine. A back door from the kitchen provides alternative access to the garden.
The kitchen leads through to a utility room, where there is space for further appliances such as a fridge and freezer.
There is a useful ground floor WC and a door to leads out to the side of the home where there is good storage area.
To the first floor, there are three double bedrooms, The principal bedroom is the largest of the three and has a window to the front elevation and an over stairs recess excellent use of this was used to build a fitted wardrobe.
Bedroom Two overlooks the garden and has a similar recess which again offers useful hanging space. The third bedroom is also a good size. Finally, on the first floor, is a family bathroom.
On the front of the property a driveway with garage this provides off-road parking and to the rear is an attractively landscaped garden that has a block paved patio seating area, ideal for outside entertaining, This really is a wonderful family home that has wide ranging appeal, from first time buyers, young families and even those who may be looking to downsize but still require space for family when they stay over as guests.
Internal viewing is highly recommended to truly appreciate this delightful property has to offer.
This property is for sale by the Modern Method of Auction ending Thursday 12th February, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
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Returns
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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
Agent & docs

FAQ
About Noble Street, Leicester, Leicestershire, LE3
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