4-bedroom flat · LE3 0GU
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity comprising three self-contained apartments situated within Leicester's popular West End, a well-established residential and student location.
The property is within easy walking distance of De Montfort University and benefits from excellent access to Narborough Road's wide range of shops, restaurants, cafes and local amenities.
The property was comprehensively converted in 2015 to maximise its full potential, including the addition of a loft conversion and rear extension, creating three high-quality residential units.
The apartments have been finished to a good standard throughout and include features such as double beds, wardrobes, study desks, fitted kitchens, fully tiled bathrooms and washing machines within each apartment.
The property has proven to be an exceptionally strong investment, achieving 100% occupancy since conversion with no void periods.
The purchaser will be responsible for ongoing management of the property.
Accommodation • Ground Floor: Two self-contained studio apartments • First Floor & Loft: One spacious two-bedroom apartment with both bedrooms benefiting from en suite facilities Rental Income The property currently generates gross rental income in the region of £33,000 per annum.
Conversion Date The conversion works were completed in July 2015. Call Set To Let Estate Agents to arrange a 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){kind=logo}
FAQ
About 44, Wilberforce Road, Leicester
Explore nearby
