2-bedroom maisonette · LE3 5RT
For saleListed 585 days
Opportunity summary
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About
Description *investors only* Ariya Property Services are pleased to offer For Sale this two bedroom ground floor maisonette located within the popular West End area of Leicester LE3.
There are excellent commuter links to the City Centre with shops, schools and amenities within walking distance.
The accommodation briefly comprises porch entrance leading to a lounge/diner, kitchen, two bedrooms and a bathroom. Outside there are communal grounds along with residents off street car parking.
Call Ariya Property Services for free No Let/Sale No Fee Valuations.
Agents Notes: These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings.
All services and appliances have not and will not be tested by Ariya Property Services.
Lease details, service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. We retain the copyright in all advert content.
Council Tax Band: A (Leicester City Council) Tenure: Leasehold (165 years) Service Charge: £225 per month 165 year lease from November 1970,110 years remaining.
Sc of £225pcm includes ground rent and buildings insurance. Porch Entrance porch with upvc door, laminate flooring and opening to lounge/diner.
Lounge/Diner (4.70m x 3.09m) Lounge/diner having laminate flooring, central heating radiator and double glazed window to the front aspect.
Hall Inner hall having laminate flooring, storage cupboard and doors to all rooms.
Kitchen (3.72m x 1.50m) Fitted kitchen having wall and floor mounted storage cupboards, sink and drainer unit, space for freestanding cooker, plumbing for washing machine, boiler, vinyl flooring, part tiled walls and window to the front aspect.
Bedroom 1 (3.80m x 3.09m) Double bedroom having laminate flooring, central heating radiator and window to the rear aspect.
Bedroom 2 (2.88m x 2.61m) Second bedroom having central heating radiator, laminate flooring and window to the rear aspect.
Bathroom Suite comprising bath with shower over, low level flush w/c, pedestal wash hand basin, vinyl flooring and tiled walls.
Outside Communal lawn and clothes drying area to the rear, residents car parking to the front along with private external store adjacent to the front entrance.
Please Note Tenure: The property is to be sold on a long leasehold basis having approx. 110 years remaining on a 160 year term from November 1970, service charge of approx.
£225 per quarter to include buildings insurance and ground rent of approx £260 per annum.
Potential purchasers should make the relevant enquiries with their legal representative to ensure the accuracy of this information. Please Note Thinking Of Selling? Free Sales Valuations.
If you are thinking of selling your home Ariya Property Services provide free no sale no fee valuations for both sales and rentals, contact our senior sales valuer to arrange an appointment.
Please Note Money Laundering Regulations: In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g.
Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc).
We ask for your cooperation in this matter as this information will be required before a sale can be agreed.
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
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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 347 Fosse Road North, Leicester
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