# Commercial property for sale (LE5 3QH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 146 ASFORDBY STREET, LEICESTER, LEICESTER, LEICESTER LE5 3QH |
| Price | £199,750 |
| Bedrooms | 4 |
| Last sold | £190,000 Jan 2007 |

## 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.*

## Capital growth trend

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

- **10y growth:** -26%

## 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)