2-bedroom terraced house · LE5 3TQ
Listing removedListed 40 days
Opportunity summary
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About
Detailed Description BM Estates are pleased to offer for sale this two-bedroom property situated on Green Lane Road in the popular LE5 area of Leicester.
Offering two reception rooms, two well-proportioned bedrooms and a family bathroom, the property provides versatile accommodation and represents an attractive opportunity for first-time buyers, families and investors alike.
The ground floor offers two separate reception rooms, providing flexibility for use as a lounge and dining/family room.
The front reception benefits from a large window bringing in plenty of natural light, while retaining attractive period features including decorative ceiling detailing.
The second reception provides a generous additional living and dining space and leads conveniently through towards the kitchen.
To the rear is a fitted kitchen with a range of wall and base units, work surfaces, tiled splashbacks and space for essential appliances.
The property's traditional layout offers good scope for a purchaser to modernise and personalise the accommodation over time. Upstairs, the property provides two generously proportioned bedrooms.
Both offer useful floor space for bedroom furniture, with the larger room particularly spacious.
The family bathroom is fitted with a bathtub, wash hand basin and WC, with a window providing natural light and ventilation.
The property occupies a highly convenient position within Leicester's established LE5 area, with Green Lane Road itself offering a wide variety of everyday shops, independent retailers, food outlets and other local services.
The surrounding Spinney Hills, North Evington and Evington areas provide further amenities, while Leicester city centre and Leicester railway station are also readily accessible.
Families are particularly well served by the choice of education nearby, including Green Lane Infant School and Bridge Junior School, alongside a number of other primary and secondary schools in the surrounding area.
The area is well known for its diverse local community and excellent range of religious and community facilities.
Nearby places of worship include Sacred Heart Catholic Church and Shree Hindu Temple & Community Centre, with mosques, churches, temples and other faith facilities available throughout the wider LE5 area.
Healthcare is also conveniently accessible, including Merlyn Vaz Health And Social Centre on Spinney Hill Road.
With its two reception rooms, spacious bedrooms and convenient location close to a wide range of amenities, this property offers plenty of potential for a buyer looking to establish a home in a popular and well-connected part of Leicester.
Viewing is highly recommended to appreciate the accommodation and potential on offer.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 141, Green Lane Road, Leicester
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