2-bedroom terraced house · LE5 5GS
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Mere Road in the popular residential area of Highfields, this two bedroom terraced property offers generous accommodation and excellent potential, making it an ideal opportunity for first-time buyers or investors.
Upon entering the property, you are welcomed into the front reception room, a bright and comfortable living space positioned at the front of the house.
Moving through, there is a second reception room which serves as a versatile area, ideal for use as a dining room, additional lounge, or home office.
From here, access leads to the kitchen located at the rear of the property. The kitchen is fitted with a range of cabinets, a gas hob, and space for appliances.
It also provides access to the rear garden and includes a useful storage area. A small internal section adjacent to the reception room provides additional storage and access to the staircase.
On the first floor, the layout opens onto a central landing. To the rear is the family bathroom, while two well proportioned double bedrooms are positioned at the front and rear of the property.
A separate WC is also located on this level, adding further convenience.
Externally, the property benefits from a low maintenance paved garden, suitable for outdoor seating, entertaining, or future improvement.
Located in the well established area of Highfields, the property is within easy reach of local shops, schools, places of worship, and everyday amenities, with Leicester city centre easily accessible.
This property presents a fantastic opportunity for buyers seeking a home with potential or investors looking for a project with strong rental prospects.
Contact Main Estates today to arrange your viewing and take the first step towards securing this fantastic opportunity.
Living Room 1 - 3.27 x 3.49 m (10′9″ x 11′5″ ft) Living Room 2 - 3.25 x 4.68 m (10′8″ x 15′4″ ft) Kitchen - 1.74 x 3.01 m (5′9″ x 9′11″ ft) Bedroom 1 - 3.48 x 3.26 m (11′5″ x 10′8″ ft) Bedroom 2 - 2.41 x 3.79 m (7′11″ x 12′5″ ft) Bathroom - 1.70 x 3.07 m (5′7″ x 10′1″ ft)
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Mere Road, Leicester, Leicester City, LE5 5GS, Highfields, LE5
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