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See how verdicts work4-bedroom terraced house · LE3 0BE
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal Investment Opportunity or Family Home An ideal investment opportunity with a proven rental history, having been successfully let to four students for over 10 years.
The property was most recently achieving £1,560 per calendar month, exclusive of bills, demonstrating strong rental potential and making this an attractive proposition for investors.
The property also offers excellent potential as a family home, providing versatile and well-proportioned accommodation arranged over two floors.
The accommodation comprises an entrance hall, a versatile front reception room/Bedroom One, living room, ground-floor shower room and fitted kitchen with access to the rear garden.
To the first floor are three further bedrooms, a family bathroom and access to useful loft space.
The property retains attractive features including exposed wooden flooring and bay windows, while offering practical benefits such as ample storage, two bathrooms.
Outside, there is a front garden enclosed by a brick wall, while the rear garden is predominantly paved and benefits from rear pedestrian access.
With its proximity to dmu, the city centre and a variety of local amenities, offering a combination of space, versatility and proven rental performance, this property represents an attractive proposition for investors, particularly those seeking an established student rental, while equally lending itself to use as a comfortable family home.
Freehold EPC rating 58 D Council tax band B Leicester City Council Available Broadband Speed 60mb Basic, Superfast (fttc) 1800mb Free Property Valuation Thinking of selling?
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EPC Rating: D Location Paton Street, Leicester, LE3 0BE, is situated in a popular and established residential area, offering convenient access to Leicester city centre and a wide range of local amenities.
The property is well positioned for access to Leicester city centre, with the area benefiting from regular public transport links and convenient road connections.
Leicester railway station is approximately 2 km away, providing rail services to a range of destinations.
The surrounding area provides a good selection of shops, supermarkets, schools, leisure facilities and local amenities, making the location suitable for both owner-occupiers and tenants.
The property is particularly attractive to investors given its established history of student occupation.
Entrance Hallway The property is entered via a solid wooden front door into a welcoming entrance hall, featuring tiled flooring and useful understairs storage.
The understairs cupboard also houses the consumer unit.
Front Reception Room/Bedroom One The front reception room/Bedroom One is a particularly good-sized double room, benefiting from a bay window overlooking the front elevation, radiator and attractive exposed wooden flooring.
This versatile room could be used as either a bedroom or reception space. Lounge A good-sized lounge benefiting from a rear-elevation window providing plenty of natural light.
The room features attractive exposed wooden flooring, ceiling coving and a radiator.
Kitchen The kitchen is fitted with a range of base and eye-level units, providing useful storage and preparation space.
There is provision for a freestanding gas cooker, washing machine and additional fridge/freezer space.
A stainless-steel single-drainer sink with mixer taps is fitted, while the Worcester boiler is also located within the kitchen.
Further benefits include a side-elevation window, radiator and half-glazed door leading directly to the rear garden.
Ground Floor Shower Room The ground-floor shower room has been recently fitted and includes a walk-in shower cubicle with sliding glass doors, pedestal wash hand basin, close-coupled WC, tiled splashbacks and tiled flooring, together with a side-elevation window.
Stairs/Landing The stairs lead to the first-floor landing, providing access to the remaining bedrooms, bathroom and useful loft space.
Bedroom Two Bedroom Two is a good-sized double bedroom with a front-facing bay window, radiator and exposed wooden flooring.
The room also benefits from a built-in wardrobe, incorporating the original cupboard space.
Bedroom Three Bedroom Three is another spacious double bedroom, featuring useful over-stair storage, rear-elevation window, radiator and exposed wooden flooring.
Bedroom Four Bedroom Four is also a generous double room, with a large rear-facing window, radiator and exposed wooden flooring.
Bathroom The first-floor bathroom is fitted with a panel bath with electric shower over, close-coupled WC and pedestal wash hand basin. A side-elevation window provides natural light and ventilation.
Front Garden The property benefits from a front garden enclosed by a brick wall, providing a pleasant approach to the property.
Rear Garden The rear garden is predominantly paved and benefits from rear pedestrian access.
Parking - On Street The property is located within a residents’ parking permit zone (Zone F), subject to the relevant permit terms and availability.
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.
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FAQ
About 29 Paton Street, Leicester
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