We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work7-bedroom house · LE2 0PF
Listing removedListed 451 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on the bustling London Road in Leicester, this impressive seven-bedroom semi-commercial property presents a remarkable investment opportunity.
With its prominent location just a stone's throw from the city centre and the train station, this property is ideally situated for those seeking to capitalise on the vibrant urban lifestyle Leicester has to offer.
Spanning four storeys, plus a basement, the spacious layout of this property allows for a multitude of possibilities.
Whether you envision transforming it into modern flats or a HMO (stpp), the potential for development is significant.
The generous space can accommodate various configurations, making it an attractive prospect for investors.
Additionally, the property boasts parking to the rear for up to four vehicles, a valuable feature in such a central location.
The freehold status further enhances the appeal, providing you with complete ownership and control over this prime asset. This property is not just a building; it is a canvas for your vision.
With its strategic location and versatile layout, it offers a unique chance to create something truly special in the heart of Leicester.
Do not miss the opportunity to explore the potential this property holds.
Contact Seths to arrange a viewing Basement Kitchen Wc Wc X3 Storage Spaces Ground Floor Main Office (10.7 x 4.51 (35'1" x 14'9")) Carpeted, x2 radiators, shop front window Office 1 (3.42 x 2.63 (11'2" x 8'7")) Carpeted, radiator, single glazed window overlooking main office, single glazed bay window Meeting Room (3.76 x 2.98 (12'4" x 9'9")) Carpeted, radiator, uPVC double glazed window, stairs leading to basement Office 2 First Floor Bedroom 1 (5.50 x 3.82 (18'0" x 12'6")) Carpeted, radiator, single glazed bay window Bedroom 2 (4.49 x 3.72 (14'8" x 12'2")) Carpeted, radiator, single glazed window, fire exit door leading to fire escape stairs Bedroom 3 (4.52 x 1.97 (14'9" x 6'5")) Carpeted, radiator, single glazed window Shower Room Wash hand basin, shower cubicle, lino flooring, partly tiled walls, storage cupboard, single glazed window Wc WC, lino looring, window Wc WC, wash hand basin with splashback tiles, lino flooring, uPVC double glazed window Second Floor Bedroom 4 (4.49 x 3.80 (14'8" x 12'5")) Laminate flooring, radiator, single glazed window Bedroom 5 Laminate flooring, radiator, single glazed window, fire exit door leading to fire escape stairs Bedroom 6 (4.56 x 2.05 (14'11" x 6'8")) Laminate flooring, radiator, single glazed window Kitchen (3.60 x 3.21 (11'9" x 10'6")) Wall and base units with worktops over, 4 ring electric hob, built-in oven, double sink with mixer tap and drainer, plumbing for washing machine, space for fridge/freezer, lino flooring, partly tiled walls, radiator, fire exit door leading to fire escape stairs, window Third Floor Bedroom 7 (4.56 x 3.25 (14'11" x 10'7")) Laminate flooring, radiator, window, storage eaves Shower Room Wash hand basin, shower cubicle, tiled flooring, tiled walls, access to boiler room Boiler Room (3.04 x 1.24 (9'11" x 4'0")) Lino flooring, uPVC double glazed window Outside Small yard to rear with the benefit of 4 off road parking spaces Additional Info Tenure: Freehold EPC rating: Tbc Council Tax Band: Business rates for commercial / Council Tax Band B for flats Council Tax Rate: £1873 (residential) Mains Gas: Yes Mains Electricity: Yes Mains Water: Yes Mains Drainage: Yes Broadband availability: Fibre to the Cabinet Broadband
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.
Area
Agent & docs
FAQ
About 83, London Road, Leicester
Explore nearby