2-bedroom house · LE3 0SH
Sold STCReduced £10k (−5.3%) on 4 SepListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfect first-time buy - Get onto the property ladder with this well-presented, two-bedroom terraced home, ideally located close to the Leicester City Centre on Minehead Street, and it's offered to the market with no onward chain.
Entering through the front door, you'll be greeted by the first of two reception rooms, both can either serve as living or dining areas.
The kitchen is in good condition, with matching units, work surfaces and an integrated oven, hob and extractor fan, with an exit point to the outside.
Moving upstairs, there are two double bedrooms to choose from with the main bedroom benefitting from fitted wardrobes.
The family bathroom is arguably the stand out room, with a free-standing bath integrated shower cubicle, it can be found in high-spec condition!
Outside, there is a low-maintenance yard-style garden to the rear, with a utility room within one of the out-buildings providing appliance space. To the front, there is on-street parking available.
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
FAQ
About 18 Minehead Street, Leicester
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