3-bedroom terraced house · LE2 1PF
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nico Properties are delighted to present this newly redecorated three-bedroom terraced home, conveniently situated on Cromer Street, Leicester, LE2.
The property has recently benefited from a number of improvements, including a brand-new fitted kitchen, new ground-floor bathroom and fresh redecoration throughout, creating a bright and welcoming home ready for its new occupants.
The ground floor offers two well-proportioned reception rooms, providing flexible space for living and dining.
To the rear is the newly fitted kitchen, offering a modern and practical space with a range of wall and base units and ample worktop space.
Also located on the ground floor is the newly fitted family bathroom, finished to a modern standard.
To the first floor are three well-proportioned bedrooms, providing excellent accommodation for a couple or family. Externally, the property benefits from a rear courtyard/garden area.
Cromer Street is ideally positioned close to the wide range of shops, supermarkets, restaurants and everyday amenities available along Evington Road.
Leicester City Centre, Leicester Railway Station, local schools and universities are also within easy reach, together with excellent public transport connections.
Having been newly redecorated and benefiting from a brand-new kitchen and bathroom, this property offers an excellent opportunity for tenants looking for a well-presented home in a convenient Leicester location.
Early viewing is highly recommended.
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 Cromer Street, Leicester, Leicester City
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