2-bedroom house · LE2 8FB
Sold STCReduced £5k (−2.7%) on 22 AugListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive bay fronted terrace property in this highly sought after location overlooking Leicestershire County Cricket Ground.
Offered with no onward chain and an ideal first time or professional purchase, an early viewing is highly recommended to avoid disappointment.
In brief the accommodation comprises of a front reception room with bay window, rear reception with under stairs store and access to the stairs.
The rear kitchen is fitted with a range of base and wall units and has a side access door leading out to the rear garden area.
To the first floor the landing leads to the two generous bedrooms and a family bathroom and a useful store with airing cupboard.
The property further benefits from gas fired central heating system and double glazing.
Externally there is a front forecourt garden, a shared side entry gives access to the rear garden with patio, gravel display area and fence surround. EPC rating is D and Council tax is band A.
Front Reception Room 11' 4" plus bay x 11' 1" into rec (3.45m x 3.38m) Rear Reception Room 11' 11" x 11' 0" into rec (3.63m x 3.35m) Kitchen 12' 4" x 6' 1" (3.76m x 1.85m) Bedroom 1 12' 5" into rec x 11' 5" (3.78m x 3.48m) Bedroom 2 11' 11" x 9' 5" into rec (3.63m x 2.87m) Family Bathroom 8' 6" max x 6' 2" (2.59m x 1.88m)
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
Agent & docs
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FAQ
About 94, Milligan Road, Leicester
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