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9 Bed HMO, Leicester, LE3 0FA £450,000
16 Ashleigh Road, Leicester, LE3 0FA - 31 views - a year ago
HMO
ROI: 5%
~279 m²





+8 photos
ValuationUndervalued
| Sold Prices | £105K - £440K |
| Sold Prices/m² | £1.2K/m² - £3.1K/m² |
| |
Square Metres | ~279 m² |
| Price/m² | £1.6K/m² |
Value Estimate | £612,092 |
| BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £112,500 |
Stamp Duty & Legal Fees | £28,700 |
Total Cash In | £141,200 |
| |
Cash Out | |
Room Rate | £444 |
Gross Rent | £3,996 |
Running Costs/mo | £3,211 |
Cashflow/mo | £785 |
Cashflow/yr | £9,420 |
ROI | 7% |
Gross Yield | 11% |
Local Sold Prices
21 sold prices from £105K to £440K, average is £260K. £1.2K/m² to £3.1K/m², average is £2.1K/m².
Local Area Statistics
Population in LE3 | 101,091 |
Population in Leicester | 565,124 |
Town centre distance | 0.74 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.38 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -21% |
Sales demand | Balanced market |
Capital growth (5yrs) | +38% |
Property History
Price changed to £450,000
May 15, 2025
Listed for £500,000
December 2, 2024
Sold for £275,000
2006
Sold for £170,000
2001
Floor Plans
Description
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