4-bedroom house · LE5 6HF
For saleListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An exceptional opportunity to acquire a beautifully presented 4-bedroom semi-detached family home situated in the highly desirable and prestigious location of Spencefield Lane.
Offering an abundance of space, modern conveniences, and excellent local schooling, this property is available with offers over £499,000.
Property Overview This substantial family residence combines traditional charm with a spacious layout perfect for modern family living.
Positioned in one of the area's most sought-after residential roads, the property boasts excellent kerb appeal, a generous private rear garden, and ample off-road parking.
Key Features Four Bedrooms: Generously sized bedrooms arranged over the upper floors, offering plenty of space for a growing family or a dedicated home office.
Two Reception Rooms: Two distinct, versatile living areas perfect for formal entertaining and relaxed family downtime.
Two Bathrooms: Well-appointed family bathrooms designed with modern fixtures to ease the morning rush.
Prime Location: Situated in a highly regarded neighbourhood known for its quiet, tree-lined character and strong community feel.
Excellent Schooling: Within the catchment area of top-tier local primary and secondary schools, making it an ideal choice for families.
Superb Transport Links: Convenient access to local amenities, shopping districts, and city centre commuter routes.
Internal Accommodation Ground Floor An inviting entrance hallway leads to the two spacious reception rooms, featuring large windows that flood the space with natural light.
The rear reception room provides seamless access to the garden. A modern kitchen fitted with ample storage and workspace completes the ground floor layout.
First Floor: The first floor hosts the beautifully proportioned bedrooms and the contemporary family bathrooms, all finished to a high standard with neutral décor.
External Space The front of the property features a paved driveway providing comfortable off-road parking.
To the rear, you will find a beautifully maintained, private garden with a patio area ideal for outdoor dining, flanked by mature trees and shrubs. Council Tax Band: D
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
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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
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FAQ
About 124 Spencefield Lane, Leicester
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