5-bedroom property · LE2 8FG
For saleReduced £10k (−5%) on 8 AugListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity: Five-Bedroom Licensed HMO – Milligan Road, Aylestone, LE2 A five-bedroom, two-bathroom end-of-terrace property offering an excellent investment opportunity in Aylestone.
Set over three floors, the property comprises: Five double bedrooms Two shower rooms Fitted kitchen A lounge Cellar Externally, the property benefits from a private patio area and a garage, providing both outdoor space and convenient parking or storage space.
Potential rental income: £1,600 per calendar month. Agents note: The HMO license is not transferable. The buyer would need to apply for a new license.
This property presents an ideal opportunity for investors seeking for a rental property in a popular residential area.
Tenure: Freehold Council tax band: G EPC Rating: 52 E Broadband speed available at the address: Basic (adsl) 10mb, Superfast (fttc) 65mb, Ultrafast (FTTP) 1800mb, Overall (Maximum) 1800mb Free Property Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal of your property.
Contact Focus Property to arrange an appointment: Tel: Or follow the link EPC Rating: E Location This property enjoys a prime location along Aylestone Road, offering easy access to everyday amenities.
Leicester City Training Ground and Grace Road Cricket Ground, with King Power Stadium and Leicester Tigers Stadium also within easy reach.
Commuting is straightforward with regular bus routes to Leicester City Centre and the main ring road, providing quick access to the M1 and M69 motorway junctions.
Shopping and leisure are just moments away at Fosse Retail Park, making this an ideal home for convenience and lifestyle. Yard There is a small yard outside that leads to the garage.
Also a pedestrian gate. Parking - Garage The property benefits from a detached single garage.
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 advisors 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
.png){kind=logo}
FAQ
About 199 Milligan Road, Leicester
Explore nearby
