3-bedroom terraced house · LE5 5HH
Sold STCReduced £20k (−6.3%) on 29 AugListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A block of three individual and well appointed flats offering an ideal investment opportunity Monthly Income £2105.36 (excluding bills) This imposing three story villa is situated in the heart of the popular city suburb of Evington, being well served for an array of everyday shopping amenities, Leicester University the train station and local Mosques.
The accommodation is currently converted into three flats which comprises: Two X 2 bedrooms flats and one X 1 bedroom flat early viewing highly recommended call barkers Property Information Double Glazed throughout Electric Heating Gff EPC D fff EPC B Sff EPC C Ground Floor Flat 2 double bedrooms Kitchen/living space 2 shower rooms First Floor Flat 2 double bedrooms Kitchen/living space 1 shower room 1 WC Second Floor Flat 1 double bedroom Kitchen/living space 1 shower room Outside Having side gated entry providing independent access to First & Second floor flats: To the rear of the ground floor is a courtyard area.
Rental Income Annual Income £25,048 excluding bills ground floor two bedroom flat tenancy from 1st August 2025 until 31st July 2026 at A total rent of £8640.
First floor two bedroom flat tenancy from 1st auagut 2025 until 30th June 2026 at A total rent of £8580 second floor one bedroom flat tenancy is for three years from 1st August 2025 until 31st July 2028 at A total rent of £23485.72, (£7828.57 pa) Disclaimer We have been made aware that there is Japanese Knotweed at the neighbouring property: Free Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business: Monday to Friday 9am -5.30pm, Wednesdays late night until 7pm Saturday 9am - 4pm Aml Disclaimer In accordance with current Anti-Money Laundering and Proceeds of Crime Legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf of Moverly, our approved aml provider. A £50 fee (incl. Vat) covers required data and any manual checks.
This must be paid before we can issue a memorandum of sale. The fee is non-refundable and paid directly to Moverly. We receive a portion of this fee for facilitating the checks
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 440 & 440a, Flat 1 & Flat 2, East Park Road, Leicester
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