# 3 bedroom terraced house for sale (LE4 5BT) ## Property Details | Key | Value | |-----|-------| | Address | Wand Street, Off Melton Road, Leicester, LE4, LE4 5BT | | Price | £260,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Last sold | £450,000 | ## Description Kings are excited to present this three-bedroom terraced house found on Wand Street in the Belgrave area, located just off Melton Road. This property is located in a sought-after location in the LE4 area due to the convenience that it brings to the residence with the Golden Mile being on your doorstep, this main road provides a number of local amenities all within walking distance including shops, restaurants, jewellers, pharmacies, GPs and major access routes into the city centre and surrounding areas. The property boasts a generous layout with the ground floor consisting of two reception rooms, the kitchen and the bathroom, with the first floor consisting of three bedrooms.   The property follows a traditional terraced house layout with the first reception room being located as you walk into the property, this first reception room mirrors the layout of the second reception room with both rooms consisting of carpeted flooring, wall mounted radiators and double-glazed windows, the second reception room also provides access to the kitchen and stairway leading onto the first floor. The kitchen is located towards the rear of the property consisting of tiled flooring, fitted worktops and storage cupboards, an integrated oven/hob, a double-glazed window and access to the bathroom and the rear garden. The bathroom is found at the rear of the property consisting of tiling throughout, a bath/shower, sink and toilet.   As you proceed up the stairway onto the first floor you are welcomed by a narrow landing area providing access to all three bedrooms. Bedroom one is the master bedroom stretching the front of the property, with bedroom two being a double bedroom located towards the rear of the property and bedroom three being a large single bedroom found at the rear of the property. All three bedrooms consist of carpeted flooring, double-glazed windows and wall mounted radiators, with bedroom one also having access to an integrated storage cupboard.   Available by appointment only. Call Kings now !!!   Property Info   Ground Floor   Reception Room: 3.64m x 3.31m (11’11” x 10’10”) – first reception room located at the front of the property consisting of carpeted flooring, a front facing double-glazed window and wall mounted radiator.   Living Room: 4.72m x 3.31m (15’6” x 10’10”) – second reception room currently being used as the main living space consisting of carpeted flooring, a rear facing double-glazed window, wall mounted radiator and access to the kitchen and stairway leading onto the first floor.   Kitchen: 3.84m x 1.80m (12’7” x 5’11”) – accessed via the living room consisting of tiled flooring, fitted worktops and storage cupboards, an integrated oven/hob, sink and access to the rear garden and bathroom.   Bathroom: 3.11m x 1.82m (10’2” x 5’11”) – three-piece family bathroom consisting of tiling throughout, a bath/shower, sink and toilet.   First Floor   Bedroom One: 3.66m x 3.81m (12’ x 12’6”) – double bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed window, wall mounted radiator and access to an integrated storage cupboard.   Bedroom Two: 3.69m x 2.93m (12’1” x 9’7”) – double bedroom located at the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator.   Bedroom Three: 3.84m x 1.81m (12’7” x 5’11”) – large single bedroom located at the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator. ## Property Photos - ![Wand Street, Off Melton Road, Leicester, Leiceste](/listings/photos/163828292/441646) - Wand Street, Off Melton Road, Leicester, Leiceste - ![Gallery](/listings/photos/163828292/441648) - Gallery - ![Gallery](/listings/photos/163828292/441649) - Gallery - ![Gallery](/listings/photos/163828292/441655) - Gallery - ![Gallery](/listings/photos/163828292/441659) - Gallery - ![Gallery](/listings/photos/163828292/441664) - Gallery - ![Gallery](/listings/photos/163828292/441668) - Gallery - ![Gallery](/listings/photos/163828292/441670) - Gallery - ![Gallery](/listings/photos/163828292/441671) - Gallery - ![Gallery](/listings/photos/163828292/441673) - Gallery ## Floorplans - ![Floor Plan](/listings/photos/163828292/441675) - Floor Plan - ![Floor Plan](/listings/photos/163828292/441678) - Floor Plan ## EPC Graphs - ![EPC](/listings/photos/163828292/441680) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | | £450,000 | 01/01/2024 | — | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 20 CORAL STREET, LEICESTER, LE4 5BD | £260,000 | 19/12/2025 | Terraced | | 15 ELLIS AVENUE, LEICESTER, LE4 5LB | £275,000 | 18/12/2025 | Terraced | | 48 COOPER STREET, LEICESTER, LE4 5BJ | £255,000 | 09/12/2025 | Terraced | | 76 WAND STREET, LEICESTER, LE4 5BU | £250,000 | 25/11/2025 | Terraced | | 55 DOWN STREET, LEICESTER, LE4 6JF | £250,000 | 27/06/2025 | Terraced | | 12 BULLER ROAD, LEICESTER, LE4 5GA | £231,000 | 24/11/2023 | Terraced | | 71 CORAL STREET, LEICESTER, LE4 5BG | £270,000 | 18/10/2023 | Terraced | | 65 COOPER STREET, LEICESTER, LE4 5BN | £285,000 | 23/06/2023 | Terraced | | 133 CORAL STREET, LEICESTER, LE4 5BG | £275,000 | 09/06/2023 | Terraced | | 112 BRUIN STREET, LEICESTER, LE4 5AY | £225,000 | 19/05/2023 | Terraced | | 77 DOWN STREET, LEICESTER, LE4 6JF | £232,000 | 20/01/2023 | Terraced | | 11 LAW STREET, LEICESTER, LE4 5GR | £270,000 | 22/12/2022 | Terraced | | 105 CORAL STREET, LEICESTER, LE4 5BG | £230,000 | 02/12/2022 | Terraced | | 108 WAND STREET, LEICESTER, LE4 5BU | £250,000 | 28/10/2022 | Terraced | | 1 THE GREENWAY, LEICESTER, LE4 5JW | £245,000 | 26/10/2022 | Terraced | | 35 DOWN STREET, LEICESTER, LE4 6JF | £253,500 | 27/09/2022 | Terraced | | 8 CORAL STREET, LEICESTER, LE4 5BD | £281,500 | 26/09/2022 | Terraced | | 102 WAND STREET, LEICESTER, LE4 5BU | £215,000 | 26/09/2022 | Terraced | | 75 LAW STREET, LEICESTER, LE4 5GR | £265,000 | 20/09/2022 | Terraced | | 87 DOWN STREET, LEICESTER, LE4 6JF | £238,000 | 26/08/2022 | Terraced | | [Same street] 17 WAND STREET, LEICESTER, LE4 5BT | £244,000 | 30/11/2021 | Terraced | **Street average:** £244,000 (1 sale) **Area average:** £252,800 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £240,812 (77 Terraced, LE4, 2024–2026) - **Deviation:** +8% ## Rental Range *ONS Price Index of Private Rents (Leicester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £923/mo - **Realistic:** £1,025/mo - **Optimistic:** £1,128/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## 1% Rule - **Rent ratio:** 0.39% (weak for cashflow) - **Max investor price (0.8%):** £128,125 - **Target investor price (1%):** £102,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 17% - **10y growth:** 52.6% ## House Price Index (HM Land Registry) *Official index for Leicester; Terraced series; as of March 2026.* - **1y growth (index):** 2.3% - **5y growth (index):** 18.8% - **10y growth (index):** 67.7% ## Flood risk - **Zone:** 2 - **Risk:** In flood risk area - **Source:** Environment Agency Flood Risk Areas (APSFR) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)