1-bedroom flat · LE2 1BA
To rentReduced £25 (−3.4%) on 15 OctListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the sought-after Severn Street (LE2 1BA), this well-maintained ground floor flat offers ideal accommodation for a working professional or couple.
The property features a bright lounge, a separate kitchen fitted with an electric cooker, a spacious double bedroom, and a bathroom with standard fittings.
Offered unfurnished, this flat presents a great opportunity to personalise your living space.
Ideally situated close to local shops, supermarkets, and other amenities, the flat also benefits from excellent transport links, including regular bus routes to Leicester city centre and easy access to major road networks.
Key Features: • Ground floor flat • One double bedroom • Separate lounge and kitchen • Bathroom with standard fittings Summary & Exclusions: • Rent: £750.00 per calendar month • Holding Deposit: £173.00 (equivalent to 1 week’s rent) • Tenancy Deposit: £863.00 • Unfurnished • Available From: Now • EPC Rating: D • Council Tax Band: A • Rent excludes all utilities, the tenancy deposit and any other permitted payments Early viewing is highly recommended.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Ground Floor Flat, 32, Severn Street, Leicester
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