2-bedroom terraced house · LE3 0BB
Listing removedReduced £70 (−7%) on 8 AugListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No Deposit Option Available** Seths are proud to present this well-presented two-bedroom terraced property situated on Norman Street.
This spacious home offers well-proportioned accommodation throughout, making it an ideal choice for couples, small families, or professional tenants.
The ground floor comprises two generous reception rooms, providing flexible living and dining space, along with a good-sized fitted kitchen offering ample storage and workspace.
To the first floor are two spacious double bedrooms and a family bathroom fitted with a three-piece suite.
Externally, the property benefits from a private rear courtyard, providing a low-maintenance outdoor space.
Conveniently located close to local amenities, schools, public transport links, and Leicester City Centre, this property offers comfortable living in a popular residential location.
Rent: £1050PCM Security Deposit: £1210 Tenancy Length: Assured Periodic Tenancy Council Tax Band: A
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 55, Norman Street, Leicester
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