2-bedroom terraced house · LE2 4DP
For saleReduced £15k (−6.1%) on 20 OctListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newton Fallowell have the pleasure in marketing this impressive period bay fronted 2 bed terraced home, which offers a blend of traditional character and contemporary style, making it a superb choice for discerning buyers seeking comfort and elegance.
Upon entering, you are greeted by an inviting entrance hallway featuring an original style tiled floor, which sets the tone for the property’s charming interior.
Plantation style shutters are fitted throughout, providing both privacy and a refined aesthetic.
The spacious dining room benefits from natural light streaming through the bay window, with wooden floor, tradiational coving, creating a warm and welcoming atmosphere.
The lounge has a ceiling rose, window to the rear, pebble gas fire and access to the 1st floor staircase.
The bespoke fitted kitchen shaker style kitchen is thoughtfully designed with quality finishes and ample storage, catering perfectly to modern living and entertaining, with undermounted Franke sink with mixer tap, Zen laminate crystal worktop.
Integrated appliance to inc fridge, freezer and dishwasher, door to the garden.
Upstairs, there are two generously sized double bedrooms, each offering a peaceful retreat with tasteful décor and plenty of space for furnishings.
The four piece bathroom suite is both stylish and functional, comprising a walk in separate shower enclosure, freestanding bath with bespoke tap, wash basin, and WC, all finished to a high standard.
Additional features include outside stores and a convenient W.C, enhancing the practicality of the home.
The property is ideally situated close to Oadby Parade and a variety of local amenities, ensuring easy access to shops, cafes, and transport links.
This beautifully presented home must be viewed to be fully appreciated, as it seamlessly combines period features with modern comforts in a sought after location.
EPC Rating: D Disclaimer Viewings are strictly by appointment only. In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g.
Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc). You will also be asked to provide us with proof of how you will be funding your purchase.
Please note that when making an offer, if you are taking out a mortgage, you will also be asked to have a no obligation chat with our 'in branch' mortgage adviser to confirm your affordability.
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
Agent & docs
FAQ
About 20 Spencer Street, Leicester
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