3-bedroom house · LE3 2PR
For saleReduced £5.1k (−2%) on 19 JulListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set back from the road and benefiting from off-road parking, this semi-detached home presents an excellent opportunity for buyers looking to put their own stamp on a property.
Upon entering, you are welcomed by a spacious entrance hallway featuring useful under-stairs storage, ideal for coats, shoes, and everyday essentials.
The hallway leads through to the generous living/dining room, where the cosy living area is centred around a gas fireplace, creating a warm and inviting atmosphere.
The dining area offers ample space for a family dining table and enjoys pleasant views over the rear garden.
The kitchen is fitted with a range of base units and includes an oven and grill with a gas hob above. There is also space for a fridge and freezer, along with plumbing for a washing machine.
To the first floor, the property offers two well-proportioned double bedrooms and a good-sized single bedroom, providing flexible accommodation for families, guests, or those working from home.
The bathroom is fitted with a four-piece suite comprising a separate shower cubicle, bath, WC, and wash hand basin.
Externally, the rear garden is predominantly laid to lawn with patio areas surrounding, offering plenty of outdoor space to enjoy and the potential to further enhance.
This property offers fantastic potential in a desirable position and is ready for its next owner to make it their own.
Entrance Hallway (0.91m x 4.27m (3 x 14)) Living & Dining Room (7.01m x 3.63m (23 x 11'11)) Kitchen (2.49m x 3.28m (8'02 x 10'09)) Bedroom One (3.33m x 3.68m (10'11 x 12'01)) Bedroom Two (3.30m x 3.43m (10'10 x 11'03 )) Bedroom Three (2.82m x 2.24m (9'03 x 7'04 )) Bathroom (2.16m x 2.41m (7'01 x 7'11)) Detached Garage
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
FAQ
About 32, Monica Road, Leicester
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