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See how verdicts work4-bedroom terraced house · LE3 0ED
Listing removedListed 384 daysAuction 5 Nov · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 5th November 2025 commencing at 05:00 PM* Please note this Auction will be steamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only. Freehold.
Four bedroom mid terrace property having gas central heating & double glazing with workshops. Ideal owner occupier or rental investor.
Location The property is located off the main A5460 Narborough Road offering easy access to Leicester City Centre, De Montfort University and Leicester Royal Infirmary.
Accommodation Ground Floor: Entrance hall, front reception room, dining room, kitchen. First Floor: Landing, four bedrooms, bathroom. Workshop: Ground floor workshop - 927 sq ft (86 sq m) approx.
First floor store - 260 sq ft ( 24 sq m) approx. Planning The property has potential to convert into self contained flats subject to obtaining the necessary planning consent.
Interested parties are advised to contact the local planning authority in respect of any planning enquiries. Tenure Freehold vacant possession.
Note Purchasers are to be made aware that an additional charge of 1% + VAT of the purchase price will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before 23rd January 2026 following exchange of contracts. Energy Performance Certificate EPC Rating D.
Solicitors Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX.
TEL: (Ref: R.Sculthorpe) Email: *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions* NOTE: Properties can be purchased prior to Auction
Value & comps
No previous sales on record.
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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 starting price
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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 346 Western Road, Off Narborough Road, Leicester, LE3 0ED
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