50, LE4 5EB

1-bedroom flat · LE4 5EB

527 sq ft1 bath

Asking

£89,950

Under offerListed 55 days

Chain free

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Opportunity summary

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About

The property

Vasana Properties presents to you this newly renovated one-bedroom ground floor flat, ideally located on the ever-popular Melton Road. This property guarantees +10% Rental Yield.

Not only this, there is also an option to buy the freehold for this property.

The accommodation comprises a bright and spacious open-plan living area, a contemporary fitted kitchen, a generous double bedroom and a modern shower room, all benefiting from a fresh, high-quality renovation.

Positioned on the ground floor, the property provides convenient access with no stairs, making it suitable for a wide range of purchasers.

Its sought-after location offers excellent connectivity to Leicester City Centre while being surrounded by a wealth of local amenities, shops and restaurants. Early viewing is highly recommended.

Key Features - Newly Renovated Throughout - Ground Floor Flat - One Double Bedroom - Excellent Buy-to-Let Investment - Popular Melton Road Location - Ready to Move Into - Option to purchase freehold.

Location & Amenities Within Approximately 1.5 Miles: Situated on the vibrant Melton Road, this property enjoys an excellent position within Leicester's renowned Golden Mile.

The area is well known for its diverse range of independent shops, supermarkets, cafés, restaurants and everyday amenities, all within easy walking distance. Everything is ready to go.

Don't believe me? Take a look for yourself. Call now to book your viewing! Virtual Viewing also available via WhatsApp!

Chain free

Key information

Price per sq ft

£171/sq ft

Based on 527 sq ft (49 sq m)

Floor area

527 sq ft (49 sq m)

Reception rooms

Tenure

Leasehold

Local authority

City of Leicester

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Investment Disclaimer

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.

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Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market55 days

8/25

—

Seller motivation

Not scored yet

Days on market55

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £89,95028 Aug 2026

Still activeDay 55 on marketToday

Strategy fit

No strategy scores available yet.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.