2-bedroom flat · LE2 5QQ
For saleListed 10 days
Opportunity summary
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About
Headline features • Two-Bedroom Ground Floor Apartment • Allocated Parking • Open Plan Living Kitchen • Master Bedroom with En-Suite Shower Room • Secure Gated Development, Moments from Oadby’s Parade Description Aspire Property Group are pleased to present for sale this two bedroom apartment in Hermitage Court, Oadby, Leicester, LE2.
Set within the gated grounds of Hermitage Court, this ground floor apartment has a generous layout and no stairs. It would suit first-time buyers, downsizers or investors.
A private entrance hall leads to the main rooms and has useful built-in storage cupboards. The open plan living kitchen is the heart of the home.
It has wood-effect flooring, a dark feature wall and large windows looking out over the surrounding greenery, so the room is bright and airy.
The kitchen area has wood-finish units, contrasting worktops, an integrated oven, a gas hob and an extractor hood, with room for the dining or sofa space of your choice.
Both bedrooms are doubles, each with its own window. The master bedroom has an en-suite shower room with a glazed shower enclosure.
The family bathroom has a panelled bath with shower over, a wash basin and a W.C., all neatly tiled.
The apartment is heated by an electric boiler and has UPVC double glazing, an allocated parking space and a secure gated entrance.
Location Hermitage Court sits off Honeywell Close, in a quiet, well-kept corner of Oadby.
Oadby’s Parade is only a couple of minutes’ walk away, with its shops, cafés, restaurants, banks and everyday amenities.
The town has a good choice of well-regarded schools and colleges and is close to the University of Leicester. There are parks and green spaces nearby, along with gyms and leisure facilities.
The A6 gives direct access to Leicester city centre one way and Market Harborough the other.
This makes the apartment convenient for commuters and for anyone who wants a suburban setting close to the city.
Key information • Tenure: Leasehold, 79 years remaining • Ground rent: £150 per annum • Service charge: £1,850 per annum • Council tax: Band B Please note: The lease length, ground rent and service charge shown are a guide only and may have changed.
These details should be confirmed before you proceed with a purchase.
Viewing is highly recommended with Aspire Property Group Important notice All images are for guidance purposes only and are intended to convey the general concept and vision of the property.
Sizes, layouts and specifications may vary, and the description and imagery may not fully reflect the property's current condition or configuration.
All dimensions have been recorded using electronic measuring equipment and should be considered approximate only - they must not be relied upon as precise measurements.
Prospective purchasers are strongly advised to carry out their own thorough inspections and surveys to verify all aspects of the accommodation, and we recommend viewing the property in person to form your own assessment.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 2, Hermitage Court, Honeywell Close, OADBY, LEICESTER
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