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See how verdicts work1-bedroom flat · LE1 1SQ
For saleReduced £5k (−6.7%) on 25 OctListed 833 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION Totalling circa 470 sq ft of living space (542 Sq. ft. gross) and nestled in the heart of Leicesters vibrant cultural centre.
This apartment offers a convenient location for popular eateries, local amenities and theatre district, while continuing to offer easy access to commuter routes, including Leicester train station, St Margaret's bus station and pedestrian walkways into the city.
The apartment offers open plan living style with lounge/kitchen as well as a double bedroom and bathroom, this home is move in ready.
An ideal investment purchase or first time buyer opportunity to begin your journey on the property ladder.
LIVING ROOM/KITCHEN 24' 6" x 12' 3" (7.47m x 3.73m) Open Plan living style accommodation including a lounge/kitchen with range of wall and base units and integral appliances including an oven, hob and extractor fan, dishwasher, washer/dryer and fridge/freezer.
BT + TV aerial sockets. Generous dimensions, Laminate and tiled flooring, Electrical heater.
DOUBLE BEDROOM 12' 1" x 10' 5" (3.68m x 3.18m) The bedroom benefits from two windows to the street elevation.
The bedroom has a built-in mirror fronted wardrobe for additional storage and benefits from an electrical heater.
BATHROOM 8' 3" x 6' 6" (2.51m x 1.98m) In brief the bathroom offers a three piece suite with low level WC, pedestal wash hand basin and side panel bath with wall mounted shower over and tiling to splash prone areas.
Further benefits include extractor ventilation, a heated towel rail/radiator and tiled floor. LEASE INFORMATION Years remaining on lease - 104 Ground rent - 234.38 PA Service charge - £2049.38 PA
Value & comps
No previous sales on record.
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 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 Rutland Street, Leicester
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