1-bedroom flat · LE18 1DR
To rentReduced £55 (−7.3%) on 20 OctListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No Deposit Option Available** Seths are proud to present to the market this one-bedroom first-floor flat, ideally situated above a shop on Leicester Road, in the heart of Wigston Town Centre.
The property benefits from its own private entrance, located to the rear of the commercial premises, providing access into the hallway.
From the hallway, there is access to a useful storage cupboard, bedroom, shower room, kitchen and spacious lounge. The modern shower room comprises a shower cubicle, wash basin and WC.
The kitchen is fitted with a range of wall and base units with worktops over, an electric cooker, sink and breakfast bar.
Further benefits include double glazing and an excellent town-centre location, with a wide range of local shops, amenities and transport links all within easy reach.
Rent: £725PCM Security Deposit: £835.00 Tenancy Length: Periodic Council Tax Band: Tbc
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 44a, Leicester Road, Leicester
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