How much is R2 7 turner Street?

The asking rent is £475 a month.

R2 7 turner Street, LE1 6WY

Studio flat · LE1 6WY

622 sq ft

Asking rent

£475/mo

To rentListed 54 days · slow let

Investor metrics

HMO Article 4 Direction AreaHouses in Multiple Occupation - 2013 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

This is a well-presented studio room located in the heart of the city centre in Leicester. The room benefits from its own private kitchen, providing a practical and comfortable living space.

Residents also have access to a shared bathroom, along with a communal washing machine for convenience. The rent is inclusive of internet, water and council tax.

Electricity is supplied via a pre-payment top-up meter within the room. Residents’ parking permits may also be available through the local council, subject to approval.

This property offers a convenient city centre location with easy access to local shops, amenities and transport links.

Key information

Deposit Required

£548

Availability

Available now

Check availability with the agent

Floor Area

622 sq ft (58 sq m)

Council Tax Band

Band C

Estimated ~£1600/year

Local Authority

City of Leicester (B)

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.