3-bedroom house · LE5 6LR
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description BM Estates are pleased to present this spacious three-bedroom detached property located in a highly sought-after residential area of LE5.
Offering generous living accommodation throughout, this property provides an excellent opportunity for families, investors, or buyers looking to modernise and create a long-term home in a well-connected part of Leicester.
With its versatile layout and strong rental demand in the area, the property also presents an attractive opportunity for investors seeking a buy-to-let investment.
Upon entering the property, you are welcomed through a porch which leads into a hallway. From the hallway there is access to a convenient downstairs shower room, ideal for guests or day-to-day use.
Continuing through the property, you are led into the dining room which acts as the central hub of the home. From here, there is access to the kitchen as well as the sitting room.
Both the kitchen and the sitting room provide access to the main living room at the rear of the property, creating a versatile layout with three reception areas that can be used for entertaining, family living, or even potential workspace.
Upstairs, the property offers three bedrooms and a family bathroom. The main bedroom is generously sized, offering ample space for furnishings.
Bedroom two is also well proportioned, while the third bedroom benefits from a useful walk-in cupboard, providing excellent storage space. The upstairs is completed by a family bathroom.
Externally, the property benefits from a driveway to the front providing off-road parking.
To the rear, there is a private garden mainly laid to lawn with patio space, offering excellent potential for outdoor seating and entertaining.
The property is ideally located within the LE5 area, offering easy access to a range of local amenities and reputable schools.
Nearby educational facilities include The City of Leicester College, Judgemeadow Community College, St.
Paul’s Catholic School, Leicester, and Whitehall Primary School, making the property particularly appealing for families.
Leisure facilities are also close by, including Active Leicester - Evington Leisure Centre, while healthcare needs are conveniently served by Downing Drive Surgery.
The surrounding area also offers local shops, parks, and excellent transport links into Leicester city centre.
Directions: From Leicester City Centre, head towards London Road and continue along London Road before turning left onto Evington Road. Proceed along Evington Road as it continues into Evington Lane.
Follow the road as it becomes Main Street and then Spencefield Lane. Continue along Spencefield Lane before turning right onto Downing Drive.
Proceed straight ahead along Downing Drive where the property can be found on the right-hand side.
Viewing is highly recommended to fully appreciate the size, layout, and potential this property has to offer.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 160, Downing Drive, Leicester
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