1-bedroom flat · LE11 4NP
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, well presented and well equipped first floor studio maisonette is ideal for a first-time buyer, professional or investor.
It is situated within a well-regarded complex in an established location, offering easy access to Loughborough University.
The property is entered via a UPVC double glazed door, which provides natural light to the hall.
Stairs then lead up to the landing, where there is a particularly spacious cupboard with rail and shelving, together with a separate cupboard discreetly housing the hot water cylinder.
The lounge benefits from UPVC windows and a sliding door opening out to the feature balcony, which has brick walling and artificial grass. Heating is provided by an electric storage heater.
The bedroom area includes a rear elevation window, additional electrical sockets and a separate storage heater.
The kitchen is well appointed, with numerous base and eye level storage cupboards finished in timber-effect fronts with contrasting brushed metal handles.
Integrated appliances include a four ring electric hob with oven beneath. There is also a washing machine, circular sink with matching drainer, space for a fridge freezer and a tiled floor.
Outside, there are two parking areas which are usually more than adequate for residents, together with an attached bin store adjacent to the neighbouring property below.
The property is leasehold, with 86 years remaining from the original 125 year lease. The lease can be extended.
The service charge is £1,255 per annum, paid quarterly, with a ground rent of £10 paid annually.
EPC Rating: E Lounge 3.11m x 3.56m Bedroom Area 2.23m x 2.68m Storage Cupboard 1.86m x 2.21m Kitchen 2.12m x 3.27m Bathroom 1.7m x 1.86m Communal Garden Communal Gardens Parking - Allocated parking Communal Parking
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 Burns Road, Knightthorpe Court Burns Road, LE11
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