2-bedroom flat · LE2 6GX
To rentReduced £50 (−5.1%) on 15 OctListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom unfurnished flat on Pendlebury Drive, Leicester, which has recently undergone a programme of improvements and is ready for a new tenant.
The property has just been redecorated, creating a fresh and neutral living environment.
The kitchen has been fully renovated and include a gas hob and built in gas oven, while new vinyl flooring has been fitted to both the kitchen and bathroom.
The accommodation comprises a spacious reception/living area, two bedrooms, a newly fitted kitchen and a bathroom.
The property also benefits from unallocated parking within the communal car park, providing convenient off-road parking for residents.
Key Features: Two bedrooms Unfurnished Newly renovated kitchen Gas appliances Gas central heating Recently redecorated throughout New vinyl flooring to kitchen and bathroom Communal car park with unallocated parking Fresh and neutral presentation Ready for occupation Council Tax Band - A EPC Rating - C
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 208, Pendlebury Drive, Leicester
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