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See how verdicts work2-bedroom house · LE2 2PY
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Corley Estate Agents are please to offer this modern town house property, situated within the sought-after Hendon Grange Retirement Development on London Road in Stoneygate, Leicester.
The property benefits from double glazing, electric heating, and has accommodation briefly comprising entrance hall, lounge/diner, kitchen, ground floor shower room, first floor landing, 2 good sized bedrooms, and first floor bathroom.
The property is offered with NO UPWARD CHAIN. Hendon Grange itself was built by Anglia Secure Homes, circa 1989, and comprises a mixture bungalows, apartments and town houses.
The grounds, car park and communal facilities are all maintained within the service charge, which also includes water rates and buildings insurance.
ACCOMMODATION Hall Lounge/Diner Kitchen Ground Floor Shower Room First floor landing Bedroom One Bedroom Two Bathroom This property benefits use of the communally maintained gardens, communal car parking (for both residents and visitors), a residents lounge where regular social functions take place, and communal facilities including laundry.
There is an on-site Development Manager during business hours and an emergency Call System with pull cords throughout the property. Lease Details 125 year lease, commenced 1989 (approx.
88 years remaining) The Service Charge is £230.68 pcm The Ground Rent is £246 pa Tenure : Leasehold Council Tax Band : D Energy Rating : D PLEASE NOTE : Room measurements are shown on the floor plan.
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 Hendon Grange, London Road, Stoneygate, Leicester
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