2-bedroom flat · LE12 8BA
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION John German offer to the market two bedroom first floor apartment presented in 'turn key' condition.
The property is situated in the heart of the revered village of Quorn, nestled in a high quality, bespoke development, with allocated parking.
The apartment is one of nine apartments within the 'The Courtyard' development built on the old police station site by Chaveney Properties Limited.
Internally the property boasts generous open plan living space, briefly comprising: An open plan living/kitchen/dining area with balcony, the kitchen benefits from integrated fridge/freezer, dishwasher, washing machine, oven, hob and extractor hood.
Two good size bedrooms, both with fitted wardrobes and the principle bedroom affording an en-suite bathroom, there is also a further three piece shower room.
The property also benefits from off road, allocated parking.
The property is a short walk from the centre of the highly regarded village of Quorn, which has a fantastic community feel and provides an excellent range of amenities including independent shops, public houses and eateries such as The Monk, Ferraris-Trattoria Italian restaurant and John Dory's fish and chip shop.
Quorn offers superb commuter networks with access to Loughborough and Leicester by road and also accessible bus routes to Leicester and Loughborough.
Available date: 30th July Rent £1100 Deposit £1265 Holding deposit - equivalent to one week's rent 12 month minimum term - long term let EPC rating B Council Tax Band B Local authority: Charnwood Property construction: Brick with tile roof Parking: One allocated space Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: gas central heating Broadband type: ADSL See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Useful Websites: Please note some properties have recording devices like Ring doorbells The property information provided by John German Estate Agents Ltd is based on enquiries made of the landlord and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Available May 2023 STRICTLY NO PETS
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Leicester Road, Quorn
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