3-bedroom terraced house · LE2 0DX
Sold STCListed 55 daysAuction 23 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Public Auction on 23/09/2026 Location: The property is located off Mere Road close to Melbourne Road and the Pakistan Youth & Community Centre.
Description: An end terrace property with 2 bedrooms, gas central heating and double glazing. The property requires modernisation. Accommodation: Ground Floor: 2 reception rooms, kitchen.
First Floor: 2 bedrooms, bathroom. Outside: Rear yard with 2 outbuildings. Note No offers will be accepted on this lot prior to the auction. The property requires complete modernisation.
There is evidence of structural movement. The sale is subject to the Buyer paying the Seller's legal and Auctioneer's fees. Tenure Freehold. Energy Performance Certificate: Rating 63, Band D.
Solicitors Browne Jacobson, Mowbray House, Castle Meadow Road, Nottingham NG2 1BJ Tel: ~ Ref: R Patel
Value & comps
No previous sales on record.
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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 starting price
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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 53 Twycross Street, Highfields, Leicester, LE2 0DX
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