ValuationUndervalued

Sold Prices	£160K - £1.8M
Sold Prices/m²	£1.2K/m² - £3.9K/m²

Square Metres	167 m²
Price/m²	£1.9K/m²
Value Estimate	£401,234£401,234
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Room Rate	£490£490
Gross Rent	£2,450£2,450
Running Costs/mo	£2,101£2,101
Cashflow/mo	£349£349
Cashflow/yr	£4,186£4,186
ROI	4%4%
Gross Yield	9%9%

Local Sold Prices

39 sold prices from £160K to £1.8M, average is £405K. £1.2K/m² to £3.9K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£180K	06/25	0.46 mi	209, Mere Road, Leicester LE5 5GR	£1,488	121	5	Terraced House
£180K	06/25	0.46 mi	209, Mere Road, Leicester LE5 5GR	-	-	5	Terraced House
£275K	06/21	0.6 mi	219, East Park Road, Leicester LE5 5AZ	£1,382	199	5	Semi-Detached House
£330K	12/22	0.81 mi	15 St Marys Vicarage, Castle Street, Leicester LE1 5WN	-	-	5	Terraced House
£330K	12/22	0.82 mi	15, Castle Street, Leicester LE1 5WN	£1,684	196	5	Terraced House
£555K	07/25	0.91 mi	312, Victoria Park Road, Leicester LE2 1XE	-	-	5	Terraced House
£430K	02/23	0.95 mi	11, Evington Valley Gardens, Leicester LE5 5LW	£2,810	153	5	Semi-Detached House
£670K	08/23	1.14 mi	9, Greenhill Road, Leicester LE2 3DN	£3,574	187	5	Detached House
£550K	06/21	1.15 mi	15, Holmfield Avenue, Leicester LE2 2BG	£3,056	180	5	Detached House
£160K	01/25	1.15 mi	13, Briton Street, Leicester LE3 0AA	£1,538	104	5	Terraced House
£390K	05/23	1.17 mi	179, Prestwold Road, Leicester LE5 0EZ	-	-	5	Semi-Detached House
£405K	03/23	1.26 mi	33, Westcotes Drive, Leicester LE3 0QT	£2,956	137	5	Terraced House
£425K	06/21	1.33 mi	53, Highway Road, Leicester LE5 5RE	-	-	5	Semi-Detached House
£390K	03/25	1.34 mi	12, Daneshill Road, Leicester LE3 6AL	£2,120	184	5	Semi-Detached House
£197K	07/25	1.34 mi	87, Upperton Road, Leicester LE3 0HE	-	-	5	Terraced House
£424.9K	03/25	1.39 mi	81, Romway Road, Leicester LE5 5SE	£3,219	132	5	Detached House
£424.9K	03/25	1.39 mi	81, Romway Road, Leicester LE5 5SE	-	-	5	Detached House
£280K	06/21	1.39 mi	2, Lindrick Drive, Leicester LE5 5UH	-	-	5	Detached House
£450K	07/25	1.41 mi	16, Lindrick Drive, Leicester LE5 5UH	-	-	5	Semi-Detached House
£285K	08/21	1.43 mi	191, Uppingham Road, Leicester LE5 4BQ	-	-	5	Terraced House
£995K	01/23	1.46 mi	4, Guilford Road, Leicester LE2 2RB	£3,933	253	5	Detached House
£594K	08/21	1.47 mi	15, Guilford Road, Leicester LE2 2RD	-	-	5	Detached House
£605K	06/21	1.47 mi	21, Guilford Road, Leicester LE2 2RD	£3,040	199	5	Detached House
£425K	01/23	1.47 mi	49, Wakerley Road, Leicester LE5 6AR	£2,872	148	5	Detached House
£259K	01/25	1.51 mi	26, Winchester Avenue, Leicester LE3 1AU	£1,919	135	5	Semi-Detached House
£320K	12/22	1.52 mi	21, King Edward Road, Leicester LE5 4DD	£1,404	228	5	Terraced House
£250K	12/21	1.53 mi	308, Aylestone Road, Leicester LE2 8BJ	£1,953	128	5	Terraced House
£532.5K	05/21	1.55 mi	37, Carisbrooke Gardens, Leicester LE2 3PR	£2,975	179	5	Detached House
£280K	05/25	1.58 mi	106, Larchmont Road, Leicester LE4 0BW	£2,314	121	5	Semi-Detached House
£247K	09/21	1.61 mi	7, Englewood Close, Leicester LE4 0BU	£1,777	139	5	Semi-Detached House
£220K	10/21	1.65 mi	98, Larchmont Road, Leicester LE4 0BE	£1,209	182	5	Semi-Detached House
£248.5K	10/21	1.69 mi	4, Oakwood Road, Leicester LE4 0BD	-	-	5	Terraced House
£1.8M	09/21	1.74 mi	38, Stoughton Drive South, Leicester, Leicestershire LE2 2RH	£2,211	796	5	Detached House
£635K	01/23	1.79 mi	15, Holbrook Road, Leicester LE2 3LG	£3,053	208	5	Semi-Detached House
£425K	03/23	1.8 mi	7, St Helens Close, Leicester LE4 0GR	£3,373	126	5	Semi-Detached House
£362K	05/22	1.83 mi	1, Tennis Court Drive, Leicester LE5 1AR	£2,155	168	5	Detached House
£440K	06/21	1.96 mi	5, Monterey Court, Leicester LE5 1AU	£2,423	182	5	Detached House
£650K	04/25	1.97 mi	45, Shanklin Drive, Leicester LE2 3QE	£3,514	185	5	Detached House
£650K	04/25	1.97 mi	45, Shanklin Drive, Leicester LE2 3QE	-	-	5	Detached House

Local Area Statistics

Population in LE2	118,352118,352
Population in Leicester	565,124565,124
Town centre distance	0.70 miles away0.70 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.13 miles away0.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-44%-44%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+36%+36%

Property History

Listed for £325,000

December 15, 2023

Sold for £164,000

2009

Sold for £59,000

1999

Sold for £46,000

1997

Description

HMO +
Investment Opportunity +
Fantastic Location +
Town House +
Close To Universities +
Promising Yield +

Prime Investment Opportunity in Student Housing:
HMO license and Tenants already in place!

Discover a meticulously designed three-storey mid-town house, strategically positioned near Leicester City Centre and Universities.

This fully furnished property boasts a thoughtfully arranged internal layout, featuring a welcoming ground floor lounge, a well-equipped kitchen, and a private bedroom. The first floor unfolds with two additional bedrooms, a modern bathroom, and a separate w/c, offering convenience and privacy. Ascend to the second floor to find two more bedrooms, completing this well-structured student accommodation. With gas central heating, a rear garden, and a promising rental yield, seize the chance to invest in this meticulously crafted and strategically located student housing gem.