2-bedroom house · LE4 9FW
Listing removedReduced £25 (−2.5%) on 12 JulListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
As you enter the property you are greeted by a large spacious open plan lounge area which has wooden flooring. The lounge is currently in the process of being painted and decorated.
As you walk through the lounge you are greeted by a modern kitchen. The kitchen has an oven, hob, washing machine and a dryer in it as well as a modern fridge freezer.
The kitchen also has plenty of units which are finished to a high quality. Through the kitchen is spacious conservatory which has wooden flooring and has been painted and decorated to a high standard.
There is plenty of light coming in from the conservatory, the doors lead to a low maintenance landscaped garden area.
The first floor has a family bathroom which has a toilet, sink and bath tub in a modern setting. The large front bedroom has double bed in it with some storage space and a small cabinet.
The rear room has a single wooden bed base and a cupboard. The single room can also fit a double bed in it.
The lounge and bathroom are in the process of being painted and decorated before it is rented out The home is close to local schools, bus routes and amenities.
The main bus routes leading to Melton Road can be accessed from the main roads as well as motor way routes.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 14, Welham Walk, Leicester
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