3-bedroom flat · LE3 6BD
Listing removedListed 95 daysAuction 3 Sep · ended
Opportunity summary
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About
****For sale by Public Auction on 3rd September 2026 14.00. Register to bid***** A substantial three-storey terraced villa, converted to form two self-contained flats.
Both flats are separately metered and have independent services. The property is being sold subject to the Period Assured Tenancies.
The one-bedroom, ground-floor flat is currently let at £5400.00 per annum, and the first-floor, two-bedroom duplex flat is let at £6,600 per annum.
There is scope to increase the rental income in line with the current market.
Communal Entrance Hall Ground Floor Flat Entrance hall, Lounge 3.31m x 3.44m, Bedroom 3.31m x 3.73m, Kitchen 3.34m x 3.52m, Bathroom 3.34m x 2.75m EPC Rating D First Floor Flat Landing with stairs to the upper floor.
Lounge 4.76m x 3.42m, Bedroom 2,3.02m x 3.83m, Kitchen 3.20m x 2.75m, Bathroom 1.88m x 1.81m, Bedroom 1,4.76m x 2.99m. EPC D Outside Shared side pedestrian access leads to the enclosed rear garden.
Property Information Tenure: Freehold Local Authority: Leicester city Council Council Tax Band: Ground and first floor flats are both Band A Type of Construction: Traditional Services: The property is offered to the market with all mains services and gas-fired central heating.
Multiple Options for Broadband/mobile phone signal. Flood Risk: Low The property is being sold subject to the period assurred tenancies in place. Upon completion.
Fixtures and fittings - All the items mentioned in these sales details are to be included within the purchase price.
Services - None of the services, fitting or appliances (if any) heating installations, plumbing or electrical systems have been tested by the auctioneers.
Buyer's Administration Fee The successful buyers will be required to pay an auction administration fee of £1800 inc VAT ( £1,500 + VAT) Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 43, Kirby Road, Leicester
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