3-bedroom flat · LE2 8AT
Listing removedListed 224 daysAuction 15 Apr · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 15th April 2026 commencing at 05:00 pm* Freehold. Terrace property converted into 3 x 1 bedroom self contained flats all Let on Assured Shorthold Tenancies.
Ideal investment opportunity. Location The property is located off the main A426 Aylestone Road within a popular residential location.
The property provides easy access to Leicester Royal Infirmary, De Montfort University and Leicester City Centre.
Accommodation Ground Floor - Flat 1: Entrance area, open plan lounge/kitchen, bedroom, shower room with WC. First Floor - Flat 2 Entrance area, open plan lounge/kitchen, bedroom, shower room with WC.
First Floor - Flat 3 Entrance area, open plan lounge/kitchen, bedroom, shower room with WC. Tenure Freehold subject to existing tenancies.
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 eight weeks following exchange of contracts.
Energy Performance Certificate Flat 1 - EPC Rating D Flat 2 - EPC Rating D Flat 3 - EPC Rating D Solicitors tml Solicitors, 87 London Road, Leicester, LE2 0PF.
Tel: Ref: D.Mahet) 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 89, Lansdowne Road, Leicester
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