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See how verdicts work2-bedroom flat · LE1 1LB
For saleReduced £10k (−5.4%) on 8 SepListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This truly stunning apartment is perfectly positioned in the heart of the city centre, offering a unique blend of modern living and charming original features.
Showcasing exposed brickwork throughout, the property is packed with character and style, making it an ideal purchase for both first-time buyers and investors alike.
Offered with no upward chain, it also presents an excellent investment opportunity with a potential rental income of approximately £1,200 per calendar month.
The accommodation benefits from secure key code entry and lift access, leading to a welcoming and inviting hallway.
From here, you are drawn into the impressive open plan living space, where large windows flood the room with natural light, beautifully complemented by the exposed brick walls that add warmth and personality.
The modern kitchen is fitted with a comprehensive range of units and includes an electric hob, oven, integrated washing machine, dishwasher, and fridge/freezer.
The space is thoughtfully designed to accommodate both dining and living areas, making it perfect for entertaining.
A striking glass partition creates an additional bedroom area, which enjoys direct access to the balcony.
The main bedroom is a beautifully presented space, again featuring exposed brickwork and large windows, along with integrated wardrobes and access to a stylish en-suite bathroom.
Completing the accommodation is a separate shower room, finished to a high standard and benefiting from built-in storage.
Early viewing is highly recommended to fully appreciate the space, character, and convenience this exceptional apartment has to offer. Council Tax Band: D Tenure: Leasehold
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 advisers 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
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FAQ
About Flat 31, The Foister Building, Leicester
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