5 bedroom townhouse for sale

Investment Opportunity – Period Property with Flat Conversion Potential (STPP) & Proven Rental Income

A beautifully presented three-storey period home retaining a wealth of original character and offering generous accommodation arranged over three floors. The property presents a rare opportunity for both owner-occupiers and investors, with potential for conversion into self-contained flats, subject to the necessary planning permissions (STPP).

The ground floor features two elegant reception rooms with high ceilings and fireplaces, flowing naturally from one to the other and ideal for both family living and entertaining. To the rear sits a bright kitchen dining room with classic cabinetry and worktops overlooking the garden. A side lobby leads to a utility room and ground floor WC, with internal access to the garage.

Across the first and second floors are five bedrooms, including a principal bedroom with en-suite shower room, along with a well-appointed family bathroom featuring both a bath and separate shower. The upper floor bedrooms enjoy a lovely sense of space and character, with skylights, feature fireplaces and useful storage.

Outside, the property benefits from a paved front forecourt with established hedging for privacy, while the rear garden is mainly laid to lawn with space for seating, mature planting and gated rear access. A detached garage sits to the rear, suitable for storage or parking depending on vehicle size.

Development & Investment Potential

The property offers excellent scope for conversion into multiple flats (STPP), with its generous proportions and three-storey layout lending themselves well to potential reconfiguration. Subject to the relevant planning permissions and building regulations, the property could potentially be arranged as a number of self-contained apartments, making it an attractive proposition for buy-to-let investors.

The property may also appeal to investors, having previously achieved rental income of approximately £2,000 per calendar month, subject to market conditions.

Given the size, layout and location, the property offers strong potential for rental income, particularly due to demand from professionals, hospital staff and university students in the area.

Location

The property is ideally positioned for access to Leicester city centre, as well as the highly regarded residential districts of Stoneygate and Clarendon Park, areas popular with professionals, students and families alike.

Nearby amenities include the University of Leicester, Victoria Park, and the major hospitals Leicester Royal Infirmary and Leicester General Hospital, all of which contribute to consistently strong rental demand.

Clarendon Park and Stoneygate offer a vibrant mix of independent cafés, restaurants, bars and local shopping parades, making the location highly desirable for both residents and tenants.