2-bedroom house · LE2 6TU
Listing removedListed 188 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 pleased to present this well maintained 2 Bedroom Home located on Sponne Rise in the Eyres Monsell area of Leicester.
The Front Door opens into a Hallway which provides access to a spacious Lounge, offering a comfortable living area with ample natural light.
From the Hallway, is access to a Fitted Kitchen/Dining Area, comprising Wall and Base Units with Worktop Over, Integrated Hob with Extractor Hood over, Electric Oven and a Sink.
On the First Floor there are 2 well proportioned Bedrooms and a Family Bathroom inclusive of a Bath with Shower Over, Wash Basin and W.C.
Externally, the property benefits from a generous Rear Garden and also features a useful Lean to area which provides access to a Shed, offering additional storage space.
Further benefits include Double Glazing and Gas Central Heating. The property also has a Driveway for enough space for 2 cars.
Rent: £990PCM Security Deposit: £1140 Tenancy Length: 6 Months (soon to be an 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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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 28, Sponne Rise, Leicester
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