3-bedroom flat · LE2 0NA
For saleListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £325,000 - £375,000*** An outstanding opportunity to acquire a freehold block comprising three self-contained one-bedroom flats, ideally located on the sought-after Gotham Street, LE2.
Fully tenanted with three reliable tenants in situ, this property offers investors an immediate rental income from day one and represents a rare chance to secure a well-maintained, income-producing asset in a highly desirable rental location.
Each flat has been thoughtfully arranged to provide comfortable living accommodation and comprises a double bedroom, a spacious living room, a kitchen/dining area, and a recently renovated modern bathroom.
The layouts are practical and appealing to tenants, contributing to the property's strong rental demand and consistent occupancy.
The first-floor flat benefits from access to a garden area, providing valuable outdoor space that is highly attractive to tenants.
In addition, each flat is served by its own individual utility meters, simplifying management and allowing tenants to be responsible for their own utility consumption.
Situated in the popular LE2 area, Gotham Street enjoys excellent access to local amenities, shops, restaurants, schools, Leicester city centre, major road links, and public transport connections.
The location continues to attract strong tenant demand from working professionals and local residents alike, making it an ideal long-term investment.
This is a genuine turnkey investment opportunity, with all three flats occupied by established tenants, reducing void risks and providing immediate cash flow.
Whether you are looking to expand an existing portfolio or acquire a high-yielding freehold investment, this property offers strong income potential combined with the security of a fully let building.
Entrance Hall Bedroom Living Room Kitchen / Diner Bathroom Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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FAQ
About Gotham Street, Leicester
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