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See how verdicts work1-bedroom flat · LE12 8XH
For saleReduced £5k (−2.1%) on 25 OctListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming one bedroom ground floor apartment offers a serene retreat for those aged over 60, set within Farnham House which offers a wonderful sense of community.
This particular apartment can be accessed directly from the car-park to the front, rather than needing to go via the communal hall, therefore giving it a more private feel.
The layout offers a good sized lounge / diner and a cream gloss kitchen with built-in fridge/freezer, Bosch oven, electric hob and hood, sink below the window and ample storage space.
The welcoming double bedroom comes complete with built-in robes, offering comfort and convenience.
Completing the accommodation is a stylish shower room offering a walk-in double shower cubicle, sink and WC set within a vanity unit and a towel radiator.
Residents can enjoy exclusive access to the communal homeowner's lounge, a stylish space designed for relaxation and entertainment with coffee making facilities and free wi-fi.
For added peace of mind, the property boasts an onsite manager and a 24-hour emergency call system, ensuring safety and support are readily available.
With communal courtyard gardens offering a tranquil setting for outdoor seating, this residence provides a balanced lifestyle of privacy and community connection.
Visitor parking spaces add to the convenience of hosting guests and we understand that parking spaces can be purchased separately from McCarthy & Stone if desired (buyers are advised to take their own legal advise on this).
Services: Mains water, electric, drainage and broadband are connected to this property.
Available mobile phone coverage: EE / O2 / Three / Vodaphone (Indoors / Outdoors Likely) (Information supplied by Ofcom) Available broadband: Standard / Superfast / Ultrafast (Information supplied by Ofcom) Potential purchasers are advised to seek their own advice as to the suitability of the services and mobile phone coverage, the above is for guidance only.
Flood Risk: Very low risk of surface water flooding / Very low risk river and sea flooding (Information supplied by gov.uk and purchasers are advised to seek their own legal advice) Agent Note: We understand a 1% contingency fee is payable to McCarthy & Stone upon any sale of this property.
Tenure: Leasehold Service charge: £2436.54 per annum (up to financial year end 28/02/2025) which includes: • Onsite visiting house manager • 24 hour emergency call system • Water rates for communal areas and apartments • Cleaning of communal windows • Electricity, heating, lighting and power to communal areas • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The service charge does not cover external costs such as your Council Tax, electricity or TV.
Lease Information - 999 year lease from 1st June 2020 Ground rent: £495.00 per annum Ground rent review: 1st June 2035 Local Council / Tax Band: Charnwood Borough Council / B (Improvement Indicator: No) Floor plan: Whilst every attempt has been made to ensure accuracy, all measurements are approximate and not to scale.
The floor plan is for illustrative purposes only.
DIGITAL MARKETS COMPETITION AND CONSUMERS ACT 2024 (DMCC ACT) The DMCC Act 2024, which came into force in April 2025, is designed to ensure that consumers are treated fairly and have all the information required to make an informed purchase, whether that be a property or any other consumer goods.
Reed & Baum are committed to providing material information relating to the properties we are marketing to assist prospective buyers when making a decision to proceed with the purchase of a property.
Please note all information will need to be verified by the buyers' solicitor and is given in good faith from information obtained from sources including but not restricted to HMRC Land Registry, Spectre, Ofcom, Gov.uk and provided by our sellers.
EPC Rating: B Lounge / Diner 3.4m x 5.7m 5.7m x 3.4m max Kitchen 2.4m x 3.0m Bedroom 3.0m x 4.2m
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Loughborough Road, Quorn, LE12
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