Sold Commercial Property

146 ASFORDBY STREET

LEICESTER, LEICESTER, LEICESTER LE5 3QH

4 beds 398 sq ft Listed 25 Sep 2005 (-7559d)

£199,750

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# Commercial property for sale (LE5 3QH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 146 ASFORDBY STREET, LEICESTER, LEICESTER, LEICESTER LE5 3QH |
| Price | £199,750 |
| Bedrooms | 4 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 37 m² |
| Last sold | £190,000 Jan 2007 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £534/year
- **Est. upgrade cost to C:** £10,000

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0149-0946-6229-0920-5200)

## Description

Ideal for person who want to work from home. Spacious double factory unit with Garage plus 4 Double Bedroom House.

This is a very large 4 bedroom end terrace property, based in a very high sought residential area of leicester. It has all recently been decorated very nicley,the kitchen is larger than the average terrace house & has fitted units , also the bathroom has a three peice suite with a corner bath tub.The house is fully double glazed and GCH.

The out side of the property has a attach garage , and the rear has a 2 floor unit which can be converted in to flats subject to planing permission.

This property must be seen to appreciate it's value.Highly recommended

## Property Photos

- ![Photo](/listings/photos/4673542/211363)
- ![Photo](/listings/photos/4673542/211365)
- ![Photo](/listings/photos/4673542/211367)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 146 ASFORDBY STREET, LEICESTER, LE5 3QH | £190,000 | 26/01/2007 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 92 FLAT 9 ASFORDBY STREET, LEICESTER, LE5 3QH | £120,000 | 22/09/2023 | Flat |
| 4A SYLVAN AVENUE, LEICESTER, LE5 3SN | £110,000 | 20/12/2022 | Other |

**Street average:** £120,000 (1 sale)
**Area average:** £110,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £202,500 (2 Other, LE5, 2024–2026)
- **Deviation:** -1.4%

## 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):** £1,047/mo

## 1% Rule

- **Rent ratio:** 0.51% (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.*

## Price per Square Metre

- **£/m²:** £5,399/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 2.8%

## House Price Index (HM Land Registry)

*Official index for Leicester; All dwelling types series; as of March 2026.*

- **1y growth (index):** 2%
- **5y growth (index):** 17%
- **10y growth (index):** 64.5%

## 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)

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Property details

Floor area

37 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£190,000 Jan 2007

Price per m²

£5,399/m²

Local average

£202,500 (-1.4%)

Deprivation

Decile 2 (3,749 of 33,755)

Street crime

622 incidents within 1 mile (Mar 2026)

Key features

Double Storey Factory Unit
Garage
4 Double Bedroom House
Good size Bathroom / Toilet
Fully fitted kitchen
GCH
DG

Description

Ideal for person who want to work from home. Spacious double factory unit with Garage plus 4 Double Bedroom House.

This is a very large 4 bedroom end terrace property, based in a very high sought residential area of leicester. It has all recently been decorated very nicley,the kitchen is larger than the average terrace house & has fitted units , also the bathroom has a three peice suite with a corner bath tub.The house is fully double glazed and GCH.

The out side of the property has a attach garage , and the rear has a 2 floor unit which can be converted in to flats subject to planing permission.

This property must be seen to appreciate it's value.Highly recommended

Listed by

Leicester

Express Properties

Reference: 4673542

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 04/11/2020

Current heating cost: £534/year

Potential heating cost: £300/year

Est. upgrade cost to C: £10,000

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Price history

Event	Date	Price	% change
Sold	26/01/2007 (19 years ago)	£190,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 92 FLAT 9 ASFORDBY STREET, LEICESTER, LE5 3QH	£120,000	22/09/2023	Flat
4A SYLVAN AVENUE, LEICESTER, LE5 3SN	£110,000	20/12/2022	Other

Street average: £120,000 (1 sale)

Area average: £110,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

10y growth 2.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Leicester. Series: All dwelling types. As of March 2026.

1y (index) 2%

5y (index) 17%

10y (index) 64.5%

Rental Range

Estimated market rent for Leicester. Low = conservative, Realistic = average, Optimistic = best case.

Low £923/mo

Realistic £1,025/mo

Optimistic £1,128/mo

Based on Local Authority from postcode lookup → Leicester.

LHA (30th percentile) floor for Leicester: £1,047/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LE5 3QH

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	A1 Cash & Carry	0.1 miles
Bus stop	Spinney Hill Road	0.3 miles
Bus stop	Farringdon Street	0.3 miles
Shop	Islamic Relief	0.3 miles
Hospital	Arnold Lodge Regional Secure Unit	0.8 miles
Hospital	The Willows	0.9 miles
Train station	Leicester	0.9 miles
University	University of Leicester	1.3 miles
University	University of Leicester Central Campus	1.3 miles
Train station	Unknown	1.4 miles

Street-level crime

Category	Count
Violence and sexual offences	252
Anti-social behaviour	89
Criminal damage and arson	52
Other theft	52
Public order	47
Vehicle crime	33
Shoplifting	25
Drugs	21
Robbery	14
Burglary	12
Possession of weapons	10
Other crime	7
Theft from the person	5
Bicycle theft	3
Total incidents	622

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Jameah Boys Academy	Other	0.1 miles	— (No rating)
Jameah Academy	Other	0.1 miles	Good — 13 Nov 2017
Bridge Junior School	Primary	0.2 miles	Requires improvement — 12 Jan 2023
Sacred Heart Catholic Voluntary Academy	Primary	0.2 miles	Good — 19 Dec 2021
The Imam Muhammad Adam Institute School	Other	0.2 miles	Good — 12 Sep 2021

Rental Comparables

Rental listings exist nearby, but none matched the 4-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.51%

Max investor price (0.8%) £128,125

Target investor price (1%) £102,500

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).