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See how verdicts work3-bedroom terraced house · LE2 4DQ
For saleReduced £15k (−7.1%) on 2 OctListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Located in the ever-popular suburb of Oadby, this spacious three-bedroom terraced home offers flexible accommodation throughout and presents an excellent opportunity for first-time buyers, growing families, or buy-to-let investors.
Oadby remains one of Leicester's most sought-after residential areas, highly regarded for its excellent schooling, comprehensive range of local amenities, and convenient transport connections into Leicester city centre.
Residents also benefit from nearby parks, leisure facilities, and easy access to major road links including the A6 and M1 motorway network.
The accommodation is entered via a welcoming hallway, leading to two well-proportioned reception rooms that provide versatile living and dining space.
Positioned to the rear of the property, the fitted kitchen offers a practical layout with ample worktop and storage facilities, while the ground floor is completed by a family bathroom.
Upstairs, the property offers three bedrooms. The principal bedroom is located at the front of the home and benefits from plenty of natural light.
Bedroom two is a generous double room, whilst bedroom three is accessed via bedroom two, making it well suited for use as a nursery, dressing room, home office, or children's bedroom.
Combining spacious accommodation with a highly desirable location, this attractive home offers fantastic potential for a variety of purchasers.
Early viewing is strongly advised to fully appreciate the accommodation on offer.
Room Measurements Reception Room One: 3.38m x 4.37m Reception Room Two: 3.33m x 3.40m Kitchen: 1.77m x 3.15m Bathroom: 1.55m x 2.07m Bedroom One: 3.46m x 3.55m Bedroom Two: 3.40m x 3.34m Bedroom Three: 1.77m x 3.01m Outside To the front, the property benefits from a neat garden frontage that creates an attractive approach and provides a degree of separation from the road.
The generous rear garden offers excellent outdoor space, ideal for entertaining, family activities, or simply relaxing.
With plenty of scope for landscaping, gardening enthusiasts can create a wonderful outdoor retreat to enjoy throughout the year.
Location The home is ideally situated for everyday convenience, being just a short stroll from the popular Oadby Parade, with its selection of shops, cafés, and essential services.
The area is well known for its strong community feel and excellent educational facilities, making it a highly desirable location for families.
In addition, the property provides good access to major road networks and public transport routes, offering easy connections to Leicester city centre and surrounding areas.
Viewings and Directions: Strictly by appointment only through the sole agent Fraser Stretton Postcode for Sat Nav: LE2 4DQ Council Tax Band: A (Oadby & Wigston Borough Council ) Tenure: Freehold
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
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FAQ
About 7 Spencer Street, Leicester
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