4-bedroom house · LE3 0AG
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered for sale with no upward chain, this well-presented and versatile property represents an excellent opportunity for first-time buyers, landlords and professional or student tenants alike.
The property is currently let at approximately £115 per person per week across four rooms, providing a current rental income of approximately £460 per week, or £23,920 per annum, equating to an approximate 11.4% return on investment.
The property offers great proportioned and versatile rooms throughout and briefly comprises of a large living room, currently utilised as a fourth downstairs bedroom, providing the flexibility of additional rental income and dining room with staircase rising to the first floor with storage located under.
The ground floor continues through the modern kitchen, fitted with a comprehensive range of wall mounted and base level units, washing machine, freestanding fridge freezer, sink and drainer unit, gas hob with extractor over and oven, together with direct access to the rear garden.
The ground floor is further complemented by a modern three-piece bathroom suite.
To the first floor are three well proportioned double bedrooms, with useful storage located above the stairs in bedroom two.
Externally, the property benefits from a low maintenance, paved rear garden, ideal for easy upkeep.
An excellent opportunity offering four-bedroom accommodation, flexible living arrangements and strong existing rental income, making it particularly appealing to investors, first-time buyers and those looking for a property suitable for professional or student tenants.
The property is offered with the added benefit of no onward chain. Council Tax Band: A Tenure: Freehold
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
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FAQ
About 49 Bruce Street, Leicester
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