3-bedroom detached house · LE5 6FE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newton Fallowell have the pleasure in presenting this charming period three-bedroom detached home, with garage, ideally situated within easy reach of local amenities and major road networks, offering both convenience and character in equal measure.
The property welcomes you with a spacious entrance hallway that leads to two well-proportioned reception rooms, perfect for both formal entertaining and relaxed family living.
The kitchen, complemented by a practical utility area, provides ample workspace and storage, catering to the demands of modern family life.
A downstairs W.C adds to the functionality of the ground floor layout.
Throughout the home, you will find an array of attractive period features, including high ceilings, decorative cornicing, and original fireplaces (where specified), which lend a sense of warmth and timeless elegance.
Upstairs, the property offers three generous bedrooms, each with ample natural light and space for freestanding or fitted furniture, alongside a well-appointed family bathroom.
There is also a storage/potenial wardrobe located off the landord.
The home further benefits from a large, mature private garden, ideal for those seeking peace and privacy, as well as a garage and driveway to the front with off-road parking.
There is significant potential to extend the property (subject to planning permission), allowing buyers the opportunity to tailor the space to their needs and add further value.
Offered with no onward chain, this residence represents a rare opportunity to acquire a period home with scope for modernisation and expansion, all within a highly sought-after location.
Whether you are searching for a forever family home or an investment with potential, this property must be viewed to be fully appreciated. Early viewing is highly recommended to avoid disappointment.
Disclaimer Viewings are strictly by appointment only. In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g.
Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc). You will also be asked to provide us with proof of how you will be funding your purchase.
Please note that when making an offer, if you are taking out a mortgage, you will also be asked to have a no obligation chat with our 'in branch' mortgage adviser to confirm your affordability.
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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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
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 37 Spencefield Drive, Leicester
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