2-bedroom house · LE2 8PZ
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Central location | Hall | Lounge/Diner | Kitchen | Two Double Bedrooms | Bathroom | Front & Rear Garden | Car Port A very well presented mid terraced, benefiting from gas central heating, double glazing, front and rear gardens, car port and off road parking.
The accommodation comprises of hallway, lounge, kitchen, two double bedrooms and bathroom. The house is not a big house, so more suitable for single or couples.
An initial holding deposit equivalent to one weeks rental will be required upon application.
This figure will be deducted from the first months rent unless false and misleading information has been provided in which case the holding deposit will become non-refundable.
Photo identification will also be required and a credit check will be undertaken by ourselves on each potential applicant aged 18 years or over (including Guarantor if applicable).
Right to Rent checks will be undertaken for all applicants as required by law. Rent £1000 Bond £1100 scam warning!
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Car Port Set at the front of the house and can access the rear garden.
Hall Having stairway off and access to lounge/diner and Kitchen Lounge Diner Having feature fire, radiator and double doors to rear garden. Kitchen.
Having a range of base and wall mounted units, free standing oven with extractor fan and window to front elevation . Bedroom One Double room with window to rear elevation and radiator. Bedroom Two.
Double room with window to rear elevation, radiator and two built in cupboards, one housing the hot water boiler and the other with hanging rail and storage. Bedroom Two.. Bathroom.
Having suite comprising of low flush w.c., vanity wash hand basin, panelled bath with shower over and radiator.
Rear Rear garden accessed via double doors from lounge or car port to the front of the property. The garden has patio area, raised lawn area with garden shed.
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
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FAQ
About 17, Althorp Close, Leicester
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