3-bedroom flat · LE5 5HJ
Listing removedReduced £20k (−6.3%) on 8 AugListed 715 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment property consisting of three self contained apartments currently let on a short hold tenancy generating an income of £20,400 per annum.
The accommodation includes a communal entrance hall, apartment one with entrance hall, lounge, fitted kitchen, bedroom and bathroom, apartment two with entrance hall, lounge, dining kitchen, bedroom and bathroom, and apartment three with a lounge/bedroom, fitted kitchen and shower room.
Outside enjoys a low maintenance rear courtyard garden. Why not contact us now to book your first viewing.
EPC Rating: D Location The property is well located for everyday local amenities and services, including renowned local public and private schooling with Madani Muslim Secondary School situated on Evington Valley Road, and Masjid Umar Mosque and Islamic Centre both within minutes’ walk of the property.
Everyday amenities can be found along Evington Road, Leicester City Centre and neighbouring Stoneygate and Clarendon Park.
Leicester University, Leicester Royal Infirmary and Leicester General Hospital are also easily accessible. Communal Entrance Hall With door leading to cellar, stairs to first floor.
Entrance Hall With access to lounge. Lounge (4.27m x 3.66m) Measurement into bay window. With uPVC double glazed bay window to the front elevation, ceiling coving, chimney breast, radiator.
Kitchen (3.43m x 1.88m) With two uPVC double glazed windows to the side elevation, wall mounted gas boiler, wall and base units with work surface over, breakfast bar, stainless steel sink, drainer and mixer tap, part tiled walls, plumbing for washing machine, space for large fridge freezer.
Bedroom (4.83m x 2.13m) Maximum measurement. With uPVC double glazed window to the rear elevation, radiator.
Bathroom (2.06m x 1.85m) With uPVC double glazed window to the side elevation, bath with shower over, low-level WC, wash hand basin, part tiled walls, chrome towel rail/radiator.
First Floor Landing With access leading to: Entrance Hall With uPVC double glazed window to the side elevation, radiator.
Lounge (4.29m x 3.43m) With two uPVC double glazed windows to the front elevation, two built-in cupboards, TV point, radiator.
Dining Kitchen (3.81m x 2.13m) With uPVC double glazed window to the rear elevation, a range of wall and base units with work surface over, stainless steel sink, drainer and mixer tap, part tiled walls, space for gas cooker, plumbing for washing machine.
Bedroom (3.20m x 2.87m) With uPVC double glazed window to the rear and side elevations, TV point, radiator.
Bathroom (2.03m x 1.88m) Having bath with shower over, low-level WC, wash hand basin, part tiled walls, chrome towel rail/radiator.
Second Floor Landing With uPVC double glazed Velux window to the front elevation.
Entrance Hall With access leading to: Lounge/Bedroom (4.50m x 3.45m) With uPVC double glazed window to the front elevation, TV point, radiator.
Kitchen (3.05m x 1.80m) With uPVC double glazed window to the rear elevation, a range of wall and base units with work surfaces over, stainless steel sink, drainer and mixer tap, inset four ring gas hob and oven with extractor hood over, part tiled walls, radiator.
Shower Room (2.03m x 1.88m) With uPVC double glazed window to the rear elevation, shower cubicle, low-level WC, wash hand basin, part tiled walls, radiator. Front Garden Front forecourt.
Rear Garden A low maintenance rear courtyard garden. Disclaimer Measurements are taken electronically and are for guidance only - not to be relied upon as exact.
Services, appliances, and fittings have not been tested. Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only.
Knightsbridge Estate Agents make no warranties regarding the property. By law, we must carry out anti-money laundering checks for buyers and sellers.
These are handled on our behalf by Lifetime Legal, who will contact you once you instruct us to sell or have an offer accepted. A £60 fee (incl. VAT) covers required data and any manual checks.
This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal.
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.
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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 advisers before making any investment decisions.
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.
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FAQ
About 237 East Park Road, Leicester
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