2-bedroom house · LE5 3TL
For saleListed 15 daysAuction 5 Nov · in 13 days
Opportunity summary
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About
****For sale by Public Auction on 5th November 2026 at 14:00. Register to bid***** A two-bedroom mid-terrace house in this sought-after location.
In need of modernisation but benefitting from double glazing and gas central heating, the property is being sold with a long-term tenant in situ.
Current rent passing is £7200 per annum, with scope to increase in line with current market rents.
Lounge - 3.71m x 3.52m (12'2" x 11'6") - Sitting Room - 3.67m x 3.52m (12'0" x 11'6") - Kitchen - 2.84m x 1.81m (9'3" x 5'11") - Landing - Bedroom 1 - 4.03m x 3.75m (13'2" x 12'3") - Bedroom 2 - 3.80m x 3.06m (12'5" x 10'0") - Bathroom - 2.84m x 2.36m (9'3" x 7'8") - Outside - A larger than average rear garden with scope for extension subject to planning.
Property Information - Tenure: Freehold subject to the terms of the Periodic Assured Tenancy in place.
Local Authority: Leicester City Council Council Tax Band: A Type of Construction: Traditional Services: The property is offered to the market with all mains services and gas-fired central heating.
Multiple Options for Broadband/mobile phone signal.
Flood Risk: High Buyer's Administration Fee - The successful buyers will be required to pay an auction administration fee of £1800 inc VAT ( £1,500 + VAT) Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 starting price
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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 Green Lane Road, Leicester
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