3-bedroom terraced house · LE5 3NF
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description BM Estates are pleased to offer for sale this well-proportioned three-bedroom terraced property, situated on Mornington Street within the popular and well-established LE5 area of Leicester.
Offering two reception rooms, three bedrooms and practical accommodation across two floors, the property represents an excellent opportunity for families, first-time buyers and investors looking to purchase within a highly convenient location.
The ground floor provides two separate reception rooms, giving the property plenty of flexibility for everyday family living.
These spaces can comfortably be utilised as a main lounge and a separate dining or family room.
As shown in the photographs, the rooms offer good proportions, with the main living areas benefiting from wood-effect flooring and plenty of usable space for furnishings.
Towards the rear of the property is a fitted kitchen, arranged with a range of wall and base units, contrasting work surfaces and space for the usual kitchen appliances.
The kitchen leads through towards the rear of the property, where the ground-floor family bathroom is located.
The bathroom is finished with tiled walls and includes a large enclosed shower, wash basin and WC.
The first floor provides three bedrooms, offering a mixture of double and single accommodation suitable for a growing family, home office or guest room.
A particularly useful feature of the property is the extensive built-in storage and fitted wardrobes visible within the larger bedrooms, helping to maximise the available floor space.
There is also the added convenience of a separate WC on the first floor.
The property is positioned within a particularly convenient part of Leicester, close to Green Lane Road, Uppingham Road, Humberstone Road and Spinney Hill Road.
The surrounding area offers an extensive selection of independent supermarkets, grocery stores, restaurants, cafés, takeaways and other everyday services, with numerous amenities available within walking distance.
The postcode is also particularly well served by public transport, with several bus stops located within a few hundred metres and Leicester Railway Station approximately 1.1 miles away.
Families are also well catered for by the range of educational facilities in the surrounding area.
Green Lane Infant School is located only a short distance away, while Bridge Junior School is also nearby, alongside a number of other primary and independent schools throughout the wider LE5 area.
For outdoor recreation, the property is conveniently positioned for Spinney Hill Park, providing a substantial green space within the local area.
Leicester city centre is also within easy reach, providing access to a much wider selection of shops, leisure facilities, restaurants and employment opportunities.
With its three-bedroom accommodation, two reception rooms, ground-floor bathroom, additional upstairs WC and highly convenient LE5 location, this property offers excellent potential as either a family home or residential investment.
Early viewing is highly recommended to appreciate the accommodation and location on offer. Contact BM Estates today to arrange your viewing.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 36, Mornington Street, Leicester
Explore nearby