2-bedroom flat · LE1 1SS
Let agreedReduced £75 (−6.8%) on 6 AugListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly refurbished 2-bedroom apartment in the City Centre with living area, separate kitchen, two bedrooms, bathroom, ensuite, double glazed windows, balcony and 24Hr Valet Parking.
Separate living area Property benefits from separate living with carpeted flooring and a large double-glazed window to the front of the property Separate kitchen Fitted kitchen with electric oven & hob, integral appliances such as fridge/freezer, dishwasher and washing machine.
One and a half sink drainer and tiled flooring.
Bedroom one Double bedroom with a built-in mirror fronted wardrobe, carpet flooring, access to ensuite and french sliding doors to balcony which is shared with bedroom 2.
Ensuite Comprising of w/c, wash basin and shower cubicle. Bedroom two Double bedroom which is carpeted with storage space and french sliding doors to shared balcony with Bedroom 1.
Bathroom Comprising of w/c, wash basin and bath with tiled flooring Parking Property has 24Hr Valet Parking. EPC rating: B.
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 154, Alexandra House, 47, Rutland Street, Leicester
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