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See how verdicts work3-bedroom terraced house · LE3 3AD
Listing removedReduced £5k (−2.2%) on 5 AugListed 373 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hampsons Estate Agents is delighted to present to the market this sensibly priced and spacious three bedroomed bay windowed mid-terraced home which is considered perfect for the first time buyer or investor alike, benefiting from recently replaced windows and front door and offering excellent potential to extend subject to planning.
The internal accommodation comprises in brief; a porch leading into an entrance hall with a staircase rising to the first floor landing and a door leading into a through lounge/diner with a walk in bay window to the front elevation and a conservatory to the rear.
There is also a kitchen which is fitted with a range of Shaker style wall and base units with space for appliances.
To the first floor there is a landing with doors off to a master bedroom with a bay window to the front and there are two further generously sized bedrooms.
Completing the accommodation is a contemporary shower room with a large quadrant shower cubicle, low flush WC and a wash hand basin set into a vanity unit.
Externally, to the front of the property there is a driveway affording off road parking and there is an excellent sized garden to the rear which is mainly laid to lawn with mature trees and shrub borders along with a brick built outbuilding.
The garden offers a good degree of privacy as it is adjacent to Shakespeare Park and is broadly south easterly facing.
Disclaimer - Please note that we do not guarantee the existence of building regulation certification or planning permission with regard to any extensions or alterations carried out on any properties, particularly where such extensions and alterations are historic.
Potential purchasers should seek legal advice from their chosen conveyancer in this respect. EPC Rating: D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 14 Balmoral Drive, Leicester
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