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See how verdicts work2-bedroom flat · LE8 4DJ
Listing removedReduced £2.5k (−2.2%) on 21 JunListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious two bedroom first floor apartment. Situated in the heart of Blaby Village, within easy walking distance of all local amenities.
Benefitting from being refurbished 2018 including Upvc double glazed windows, kitchen and bathroom. This property is being sold with no upward chain.
This property would be a decent buy to let opportunity. £850.00 per month rental with 8.5% yield.
The accommodation briefly comprises of entrance hall, lounge, kitchen, two double bedrooms and family bathroom. Viewing is highly recommended to appreciate the accommodation on offer. Leasehold.
Lease start date 19th December 2017 Term 999 years. Ground Rent. Peppercorn rent. Service charge/building insurance. No service charge is payable, building insurance approximately £350.00 per annum.
Buyers legal advisor to confirm above. Entrance Hall Large entrance hall with electric heater and giving access to all rooms.
Lounge (4.73m Max x 4.18m Max (15' 6" Max x 13' 9" Max)) With Media wall, electric heater and window to the front elevation.
Kitchen (4.18m Max x 2.06m Max (13' 9" Max x 6' 9" Max)) With a range of base and wall mounted units, integral electric hob, electric oven, dishwasher, plumbing for washing, machine, heated towel rail and sky light.
Bedroom 1 (4.47m Max x 2.96m Max (14' 8" Max x 9' 9" Max)) With window to the rear elevation and electric heater.
Bedroom 2 (4.47m Max x 2.19m Max (14' 8" Max x 7' 2" Max)) With window to the rear elevation and electric heater.
Bathroom (2.11m Max x 1.90m Max (6' 11" Max x 6' 3" Max)) With suite comprising of low flush wc, wash basin with back to wall furniture, bath with shower over and electric towel rail.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 10a, Johns Court, Leicester
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