2-bedroom house · LE5 2LX
Sold STCReduced £20k (−10%) on 25 AugListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Raichand Properties brings to you this beautifully presented two-bedroom end-terraced home, situated on the popular Telford Way in Leicester.
Offering a fantastic opportunity for first-time buyers, downsizers or investors alike, this property has been thoughtfully maintained throughout and benefits from a generous rear garden - a real standout feature of this home.
Upon entering, you're welcomed into a bright and spacious lounge/diner and a fireplace with fitted shelving, creating a warm and inviting space perfect for relaxing or entertaining.
The room flows naturally through to a modern fitted kitchen, complete with ample storage, contrasting dark worktops, and space for freestanding appliances including a washing machine.
Upstairs, the property offers two well-proportioned bedrooms, both neutrally decorated and fitted with fresh carpets, allowing a new owner to add their own personal touch.
Externally, this home really comes into its own.
The substantial rear garden is mainly laid to lawn, bordered by mature trees and shrubs, with a paved patio area ideal for outdoor seating and al fresco dining - plus useful storage sheds and further patio space to the rear .
To the front, there is a garden with pathway access to the entrance.
Property Features: - Two bedroom end-terrace home - Spacious lounge/diner with feature fireplace - Modern fitted kitchen - Two well-proportioned first floor bedrooms - Neutral décor throughout - Generous rear garden, mainly laid to lawn - Paved patio areas ideal for entertaining - Additional garden storage sheds - Front garden with pathway access - Popular residential location - Close to local shops, schools & green spaces - Excellent access to the A47 and Leicester city centre.
Location & amenities (within 1.5 Miles): Telford Way sits within the well-established Thurnby Lodge area of Leicester, offering a great balance of local convenience and easy access into the city centre.
Schools: Thurnby Lodge Primary School and Netherhall School (secondary) are both within easy reach, making this an ideal spot for families.
Shops & Everyday Essentials: A good range of local convenience stores, takeaways and independent shops can be found nearby on Dudley Avenue and Scraptoft Lane, with larger supermarkets a short drive away along Uppingham Road.
Green Space: Residents benefit from nearby green spaces including Netherhall Park, ideal for dog walks, family days out and outdoor recreation.
Transport Links: Excellent bus routes run regularly into Leicester city centre, and the A47 provides convenient road access for commuters.
Leicesters main railway station, with connections to London, Birmingham and beyond, is just a short drive away.
Healthcare: Local gp surgeries, dental practices and pharmacies are all within easy reach of the property. Interested? Contact Raichand Properties today to arrange a viewing.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 61, Telford Way, Thurnby
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