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See how verdicts work3-bedroom house · LE5 2LH
Listing removedListed 60 daysAuction 24 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 24th September 2026 commencing at 05:00 pm* Freehold Residential Investment.
Three bedroom mid town house having gas central heating & double glazing currently let on an Assured Periodic Tenancy. Ideal investment opportunity.
Location The property is located off Thurncourt Road within a residential area, with all local amenities and schools located nearby. Accommodation Ground Floor: Entrance hall, lounge, kitchen / diner.
First Floor: Landing, three bedrooms, bathroom, separate WC Outside: Front garden providing off road parking, rear garden area. Tenure Freehold subject to existing tenancy.
The property has been Let on a Assured Periodic Tenancy from the 4th September 2025 at a rent of £750.00 per calendar month exclusive (£9,000.00 per annum).
Note Purchasers are to be made aware that an additional charge of 1% + VAT of the purchase price will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts. Energy Performance Certificate EPC Rating - to be confirmed.
Solicitors tml Solicitors, 87 London Road, Leicester, LE2 0PF.
Tel: Ref: D.Mahet) Email: *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions* note: Properties can be purchased prior to Auction
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
Area
Agent & docs
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FAQ
About 37, Drumcliffe Road, Leicester
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