Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · LE4 5QB
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by Modern Method of Auction. CASH BUYERS ONLY — This property is non-mortgageable due to flooding within the last five years.
Buyers should ensure they fully understand the implications of purchasing a non-mortgageable property and the requirements associated with cash-only purchases before proceeding.
Flood defences are in place.
Discover this newly updated 3-bedroom mid-terrace home, ideally located with excellent road and bus links, easy access to the city centre, and close proximity to shops, schools, parks, and everyday amenities.
It’s a convenient and wellconnected spot for commuters, families, or investors.
Recently Renovated – Move-In Ready The property has been refurbished throughout, featuring new flooring and carpets, fresh neutral décor, and a modern fitted kitchen with sleek units, worktops, and appliance space.
Spacious Ground Floor A bright front living room leads into a separate dining room, offering great space for relaxing or entertaining.
At the rear is the stylish new kitchen, opening into a light family bathroom with bath, shower, toilet, and basin.
Three Well-Sized Bedrooms Upstairs are three generous bedrooms, each offering ample room for furniture—ideal for families, sharers, or a strong rental investment.
Comfort & Efficiency The home benefits from gas central heating and double-glazed windows for year-round warmth and efficiency.
Location Highlights Transport links: Excellent road and public transport access City centre proximity: Quick access to shops and services Local schools: Great for families Rental demand: Popular area for investors A spacious, updated home in a sought-after location—ideal for first-time buyers, families, or investors seeking strong long-term potential.
Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Dining Room 3.47m x 3.24m Lounge 4.38m x 3.73m Kitchen 3.79m x 1.81m Bathroom 2m x 1.68m Bedroom 1 3.74m x 3.47m Bedroom 2 3.32m x 3.31m Bedroom 3 3.72m x 1.68m
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Beaumanor Road, Belgrave, Leicester, LE4
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