Flat 2, The Waterfront, 2 Duns Lane, Leicester, LE3 5LU

UPRN:2465061218Flat/Maisonette2 bedsBuilt 1996-2002

LeaseholdCouncil Tax: -EPC: C (75)

Data freshness:Planning· 4mo agoOwnership· 1mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· freshAmenities· 2mo agoArea· Census 2021

Flat 2, The Waterfront, 2 Duns Lane, Leicester, LE3 5LU

HP Score

/ 100

Mixed

Verdict

4 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£162,000

£154k - £171kHigh

Estimate

£162k

Range

£154k – £171k

Rent Estimate (pcm)

£650

£600 - £700

Monthly

£650

Yield

5.20%

Verdict

Derived from HomePortfolio scores

Flat 2 earns an INVESTIGATE rating with HP Score 63/100. Investment score 61/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

63/ 100

Mixed

Investment Score

61/ 100

Moderate

Crime Score

92/ 100

Elevated

Walkability

97/ 100

Excellent

Transit & Bike

Transit 28Bike 72

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£150,000

At the asking price

Monthly rent£650/mo

Evidenced range £600-£700

Interest rate5.4%

Loan to value75%

Cash required: £46,800
Net cash flow: -£56/mo
Cash on cash: -1.4%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.28 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£162,000

Rent Estimate (pcm)£650

Gross Yield5.20%

1y Growth-

3y Growth+1.5%

5y Growth+3.0%

10y Growth+5.7%

Last Sold Price£88,000 (1999-03-31)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseHigh

View Full Risk Report

Planning Activity

Recent Apps

0LE3 5LU

Approval Rate

-12mo

Development

low

20261646
Installation of one door and alterations to shopfront
Pending
20261603
Non material amendment to planning permission 20251281 (removal of Gabion Baskets and relocation of 2 trees to landscape verge adjacent block 6)
Pending
20261577
Change of use from small house in multiple occupation (6 persons) (Class C4) to larger house in multiple occupation (7 persons); alterations
Pending

View Planning Timeline