3-bedroom house · LE3 3TB
To rentReduced £50 (−3.8%) on 17 OctListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented three bedroom extended town house.
Recently redecorated internally and externally, new boiler fitted 2023, Upvc double glazed windows, part new flooring, ideally located for access to motorway network, Fosse Park and Meridian Leisure Centre.
Driveway, garage, rear garden and being sold with no chain. The accommodation briefly comprises of entrance hall, lounge, large kitchen/diner, three bedrooms and bathroom.
Viewing is highly recommended to appreciate the accommodation on offer. An initial holding deposit equivalent to one weeks rental will be required upon application.
This figure will be deducted from the first months rent unless false and misleading information has been provided in which case the holding deposit will become non-refundable.
Photo identification will also be required and a credit check will be undertaken by ourselves on each potential applicant aged 18 years or over (including Guarantor if applicable).
Right to Rent checks will be undertaken for all applicants as required by law. Rent £1200 Bond £1300 scam warning!
Please note, none of our properties are available from facebook or other social media sites, please do not pay deposits on properties you have not viewed internally Entrance Hall With access to lounge.
Lounge (5.50m Max x 3.48m Max (18' 1" Max x 11' 5" Max)) With bay window to the front elevation, two radiators and stairs off.
Kitchen -Diner (6.24m Max x 2.42m Max (20' 6" Max x 7' 11" Max)) Spacious room with a range of base and wall mounted units, integral gas hob, electric oven, sink, plumbing for washing machine, radiator, access to garage and rear garden.
Garage (4.78m Max x 2.54m Max (15' 8" Max x 8' 4" Max)) Good size integral garage with potential to convert (subject to planning) with light, power, up and over door.
Landing With access to all first floor rooms and storage cupboard. Bedroom 1 (3.48m Max x 3.44m Max (11' 5" Max x 11' 3" Max)) With window to the front elevation and radiator.
Bedroom 2 (3.37m Max x 2.26m Max (11' 1" Max x 7' 5" Max)) With window to the front elevation and radiator.
Bedroom 3 (2.82m Max x 2.46m Max (9' 3" Max x 8' 1" Max)) With window to the rear elevation, radiator, built in cupboard and loft access.
Bathroom (2.24m Max x 1.59m Max (7' 4" Max x 5' 3" Max)) With suite comprising of low flush wc, wash hand basin, bath with shower over, radiator and window to the rear elevation.
Outside To the front of the property there is a driveway leading to integral garage. The rear garden is mainly laid to lawn with patio and fence surround.
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 12, Rivets Meadow Close, Leicester
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