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See how verdicts work2-bedroom house · LE2 6ED
Sold STCReduced £10k (−5.3%) on 1 AugListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive two-bedroom mid-terraced property situated just off Welford Road in the popular Knighton Fields area of Leicester.
The property is offered with vacant possession and presents an excellent opportunity for investors or owner-occupiers alike.
With refurbishment and modernisation, the property has the potential to achieve approximately £1050 pcm in rental income.
The accommodation comprises two spacious reception rooms, fitted kitchen, two double bedrooms and a first-floor bathroom.
Externally, the property benefits from a private low maintenance rear garden with access to a communal alleyway.
This property presents a strong value-add opportunity for investors, developers, and refurbishment-focused buyers.
Requiring modernisation throughout, including a full rewire, the property offers significant potential to enhance both capital value and rental yield.
Ideally suited to house flippers, buy-to-let investors, or first-time buyers seeking a renovation project.
Viewing is highly recommended The location is highly convenient and well connected, with shops, supermarkets, cafés, bars and restaurants all within close proximity along Welford Road and nearby Queens Road.
The property is also within easy reach of highly rated Ofsted primary and secondary schools, colleges, the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.
Leicester City Centre is approximately a 10-minute drive away, with excellent transport links and regular public transport routes nearby.
Reception room 4.64m x 3.54m As you access the property, you enter the first reception room which features a large, double glazed window to the front elevation, central fireplace, meter storage cupboard, carpeted flooring and gas central heating.
Dining room 3.61m x 3.53m The dining room flows on from the front reception room and offers a versatile living space.
The room comprises a large double glazed window overlooking the rear garden, gas central heating and access to both the kitchen and staircase.
Kitchen 3.92m x 1.85m The fitted kitchen comprises a range of base and wall units with gas cooker point and space for large appliances.
The kitchen also benefits from a large double glazed window, combi boiler, laminate flooring, gas central heating and access to the rear garden via a side door.
First floor landing Allows access to the following rooms: Bedroom one 3.69m x 3.66m Spacious master bedroom with wooden flooring, fitted drawers, gas central heating and a large double glazed window allowing views to the front of the property.
Bedroom two 3.65m x 3.16m Double bedroom with double glazed window to the rear elevation, built in cupboard and gas central heating.
Bathroom 3.94m x 1.85m Spacious bathroom comprising tiled flooring, double glazed privacy window, bath, basin and toilet with gas central heating.
Rear garden Private low maintenance rear garden with access to the communal alleyway entrance. EPC rating: D.
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 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.
Area
Agent & docs
FAQ
About 109, Wordsworth Road, Leicester
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