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See how verdicts work3-bedroom semi-detached house · LE2 6EP
Sold STCReduced £20k (−6.7%) on 30 JulListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home Property Sales are delighted to offer for sale this traditional bay-fronted three-bedroom semi-detached home situated on the ever-popular Welford Road in the highly sought-after suburb of Knighton, Leicester.
Offered to the market with no upward chain, the property presents an excellent opportunity for purchasers looking to create a fantastic family home, with scope for modernisation and improvement throughout.
The accommodation is entered via an entrance porch which leads into a welcoming entrance hall with stairs rising to the first floor.
To the ground floor, there is a spacious open-plan lounge/diner extending the full depth of the property, providing excellent living and entertaining space whilst enjoying plenty of natural light from both the front bay window and door & window to the rear aspect.
The kitchen is positioned to the rear of the property and provides access to the garage.
To the first floor, the landing gives access to three well-proportioned bedrooms, comprising two generous double bedrooms and a comfortable third bedroom, together with a family bathroom.
Externally, the property occupies a generous plot with a driveway to the front providing off-road parking for two vehicles and access to the garage.
To the rear is a particularly impressive larger-than-average garden, predominantly laid to lawn and offering excellent outdoor space for families, keen gardeners, or those wishing to further enhance the property in the future.
The generous plot and existing layout also offer excellent scope for extension and further development, with potential to extend to both the side and rear of the property, subject to obtaining the necessary planning permissions and consents.
This provides purchasers with an exciting opportunity to significantly increase the accommodation and add further value to the home.
Properties in this location are always in strong demand due to their excellent access to local amenities, reputable schooling, Leicester City Centre, Leicester Royal Infirmary, the University of Leicester and major road networks.
Viewing is highly recommended to fully appreciate the potential, plot size, extension possibilities and sought-after location on offer. Offered for sale with no upward chain.
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 562 Welford Road, Leicester
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