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See how verdicts work1-bedroom flat · LE12 8XH
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Farnham House retirement living development, this beautifully bright and spacious one-bedroom apartment occupies a desirable ground floor position and enjoys a west-facing aspect.
Offering comfortable, low-maintenance living in a secure and welcoming environment, the property is ideally suited to those looking to enjoy their retirement in the heart of the sought-after village of Quorn.
Located on Loughborough Road, Farnham House forms part of the popular Mill Gardens and Farnham House retirement living community by McCarthy Stone.
Exclusively designed for the over 60s, the development offers a wonderful opportunity to enjoy independent living with the reassurance of support and security when needed.
Residents benefit from an on-site house manager, a welcoming communal lounge with Wi-Fi, beautifully landscaped gardens and lift access to all floors.
Secure entry systems, an emergency call system as well as 24 hour house manager provide additional peace of mind.
A hotel-style guest suite is also available, offering convenient accommodation for visiting friends and family, and pets are welcome.
Combining independent living with attractive communal facilities and a friendly community atmosphere, Farnham House provides an appealing setting for a relaxed retirement.
The picturesque village of Quorn is situated in the heart of Charnwood Forest, approximately three miles south of Loughborough and ten miles north of Leicester.
Renowned for its village charm and attractive surroundings, Quorn offers a wealth of amenities within easy reach.
The village centre is approximately 300 metres away, with a range of everyday conveniences including a Co-op, post office, pharmacy, optician, hairdressers and local eateries.
A medical centre and library are also available, making this an excellent location for those seeking convenient village living with amenities close at hand.
Entrance Hall The apartment is accessed via a secure front door fitted with a spyhole, opening into a spacious entrance hall.
The hall benefits from a useful walk-in storage and airing cupboard, illuminated light switches, a smoke detector and an intercom security entry system.
A 24-hour emergency response pull cord provides additional reassurance. Doors lead to the lounge, bedroom and shower room.
Lounge A bright and airy west-facing reception room offering ample space for both comfortable seating and a dining area. A window overlooks the front aspect, allowing natural light to fill the room.
Additional features include TV and telephone points, a Sky/Sky+ connection, two ceiling light points and raised electrical sockets for ease of use.
Partially glazed doors lead through to the separate fitted kitchen.
Kitchen The modern fitted kitchen comprises a range of white high-gloss units with complementary work surfaces and a stainless-steel sink with mixer tap positioned beneath an automatically opening window.
Integrated appliances include a waist-height electric oven, four-ring electric hob with glass splashback and extractor hood, and a fridge freezer.
Further features include space for a microwave, under-cabinet lighting, tiled flooring and a ventilation system.
Bedroom A well-proportioned west-facing double bedroom offering a comfortable and peaceful retreat.
The room benefits from a walk-in wardrobe fitted with shelving and hanging rails, providing excellent storage.
TV and telephone points, a ceiling light point and raised electrical sockets complete the accommodation.
Shower Room The contemporary shower room is fitted with a full-width, level-access shower with glass screen and grab rail, a WC and a vanity unit incorporating a wash basin with storage cupboards beneath.
Further features include an illuminated mirror, part-tiled walls, a wall-mounted chrome towel radiator, shaving point, downlighting, ventilation and an emergency pull cord.
Service Charge The annual service charge is £2,556.58 for the financial year ending 28 February 2027.
The service charge includes: On-site visiting house manager 24-hour emergency call system Water rates for the apartment and communal areas Cleaning of communal windows Electricity, heating, lighting and power to communal areas Maintenance of the landscaped gardens and grounds Repairs and maintenance to internal and external communal areas Contingency fund, including redecoration of communal areas Buildings insurance Please note that the service charge does not include personal costs such as council tax, electricity used within the apartment or television services.
Prospective purchasers are advised to confirm all service charge details and inclusions with their property consultant or the house manager.
Lease Information Lease term: 999 years from 1 June 2020 Ground rent: £495 per annum Ground rent review date: 1 June 2035 Additional Support: Ask about the free entitlements advice service to find out which benefits and financial support you may be eligible for.
An internal viewing is highly recommended to appreciate the space, convenience and lifestyle this lovely retirement apartment has to offer.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 14 Farnham House, Loughborough Road, Loughborough
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