Studio flat · LE1 1SE
Listing removedListed 1572 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to the market as an ideal investment. This studio apartment lies within the thoughtfully converted Alexandra House.
Situated within the heart of Leicester's cultural quarter, Alexandra House benefits from a wealth of bars/restaurants on its doorstep and a short walk from the remainder of the City's amenities.
The apartment has recently been decorated and benefits from new carpets throughout, two cupboards provide ample storage off the hallway, bathroom with w/c, wash basin and bath, fully fitted kitchen with integrated oven, hob, and fridge freezer, and open plan living space/bedroom.
The building benefits from secure fob entry system and retains its characterful features. £1163.06 S/C P/A £125.00 gr P/A Rent - £525-550
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Apartment 12, Alexandra House, 47, Rutland Street, Leicester
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