2-bedroom flat · LE2 0NE
For saleReduced £11k (−11.2%) on 21 JunListed 722 days
Opportunity summary
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About
Belvoir Leicester are now in receipt of an offer for the sum of £94,000.00 for 2 Liga House, 23 Saxby Street.
Anyone wishing to place an offer on the property should contact Belvoir Leicester, 105 Queens Road, Leicester, LE2 1TT before exchange of contracts.
**Cash Buyers only** Belvoir Sales and Lettings are thrilled to present this spacious ground-floor, two-bedroom flat, ideally located just off London Road, Leicester.
Offering superb access to Leicester Railway Station and the bustling amenities, restaurants, and bars of London Road, this flat promises city convenience with added comfort.
Property Highlights: This inviting flat benefits from high ceilings, an open-plan lounge and kitchen, two generous double bedrooms, and a well-appointed bathroom.
With direct access to a private rear parking space, it combines modern convenience with charming potential.
The property would benefit from a full modernisation and redecoration, allowing buyers to add their personal touch and enhance the value.
Achievable rental income is projected at £850–£900 pcm once refreshed.
Room Dimensions: Open-plan lounge/kitchen: 4.60m x 3.50m Bedroom 1: 3.87m x 2.76m Bedroom 2: 3.36m x 3.89m Bathroom: 2.57m x 1.66m Lounge: The spacious open-plan lounge, with its high ceiling and neutral décor, creates a welcoming and airy environment.
Featuring large windows and quality laminate flooring, this room receives excellent natural light, perfect for both relaxation and entertaining.
Kitchen: The adjoining kitchen is well-equipped with an integrated cooker/hob, oven, fridge/freezer, and washing machine.
This area would benefit from modernisation, providing an excellent opportunity to upgrade into a stylish, functional cooking space.
Bedroom one: The main double bedroom offers ample room and storage potential, enhanced by the high ceiling, giving a true sense of space.
This bedroom is ideal for creating a peaceful retreat, with room for a wardrobe and additional furniture.
Bedroom two: The second double bedroom is equally spacious, featuring a high ceiling, neutral decor, and laminate flooring.
Overlooking the rear parking area, it offers both privacy and flexibility, ideal for a guest room, study, or home office. Bathroom: The family bathroom includes a WC, basin, and a shower-over-bath.
With some updating, it could easily transform into a stylish, modern space.
Parking: A key highlight of this flat is the direct access to a private parking space at the rear, offering secure and convenient parking—an attractive asset in this city-centre location.
This property, with its outstanding location and potential, is a fantastic opportunity for buyers or investors looking to modernise and achieve a strong rental yield.
Please note, all services and appliances have not been tested. Leasehold: 999 years from 1 January 2007, with approximately 982 years remaining EPC rating: E.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 2, Liga House, Saxby Street, Leicester
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