5-bedroom house · LE2 7AE
To rentListed 366 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 31 offers a well configured five bedroom home in one of Leicester's most convenient student locations, ideal for a group looking to stay close to both campus and placements.
De Montfort University is just a 4 minute walk away, while the University of Leicester can be reached in around 18 minutes.
Leicester Royal Infirmary is approximately 9 minutes on foot, making this a strong choice for student nurses who require quick and dependable access to placements.
Supermarkets, Highcross Shopping Centre, cafés and nightlife are all nearby.
The flat features a comfortable open plan lounge that works well for shared living, complete with a large flat screen TV, sound bar and generous seating.
The fitted kitchen includes modern appliances such as a fridge freezer and washer dryer, supporting easy day to day routines.
Each of the five bedrooms is furnished with a double bed, desk, chair, wardrobe and its own TV, providing a private and practical space for study and relaxation.
Two shared bathrooms ensure the layout suits a busy household.
With high speed WiFi and utilities included in the rent, Flat 31 offers central, practical student living ready for the new academic year.
Please note example photos are from a similar flat within The Shoe & Boot Factory.
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 Flat 31, Shoe & Boot Factory, Flat 31, Shoe & Boot Factory, Leicester
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