1-bedroom flat · LE4 6EU
Listing removedReduced £10k (−10%) on 18 AugListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spencers are delighted to bring to the market this charming one bedroom ground floor apartment located in the highly sought after LE4 area near Melton Road, Leicester.
This well presented property offers comfortable modern living with the added convenience of offstreet parking, making it ideal for first time buyers, downsizers, or investors.
Situated just off Melton Road, the apartment benefits from being in one of Leicester’s most vibrant and popular neighbourhoods.
A wide range of local amenities is right on the doorstep including supermarkets, independent shops, places of worship, cafés, and restaurants providing everything you need within easy reach.
The area is wellserved by excellent local schools, making it a strong choice for those seeking a convenient residential location.
In addition, transport links are superb, with quick access to major motorways and road networks, allowing easy travel in and around Leicester and beyond.
The property comprises of One spacious double bedroom Groundfloor location for easy access Private or allocated parking Close to shops, supermarkets, and leisure amenities Good local schools nearby Excellent transport links and motorway access Highly desirable LE4 / Melton Road setting
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About 306, Martin Street, Leicestershire
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