2-bedroom house · LE16 7XA
For saleListed 2 days
Opportunity summary
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About
A very nicely presented ground floor retirement apartment with the huge improvement of a refitted kitchen and shower room, ideally located just a short walk from the centre of Market Harborough town and it's vast range of local amenities.
The double glazed and electrically heated accommodation comprises: Entrance hall, lounge/diner, refitted kitchen, two double bedrooms and refitted shower room.
There is also a patio area and access to well maintained communal gardens. There is also a private resident's carpark offering parking on a first come-first serve basis.
Outside - To the front of the property is a storm porch. Directly to the rear of the property is a paved patio which opens out to communal gardens.
Entrance Hall - Accessed via stained glass double glazed front door. Refitted electric storage heater. Large walk in cloaks/storage cupboard measuring 9' x 3'2" (with sloping ceiling). Doors to rooms.
Lounge/Diner - 4.32m x 3.23m (14'2" x 10'7") - UPVC double glazed rear entrance door with sidelights opening out to the communal gardens. Refitted electric storage heater.
Airing cupboard housing hot water tank. Emergency push-button. Television point. Telephone point. Kitchen - 3.53m x 2.13m (11'7" x 7'0") - Range of re-fitted base and wall units.
Laminated work surfaces with complementary tiled splash-backs. Integrated fridge/freezer. Integrated dishwasher. Space and plumbing for washing machine.
Stainless steel one and a half bowl sink and drainer. Electric cooker, ceramic hob and extractor hood. Tiled flooring. UPVC double glazed window to the front aspect.
Bedroom One - 3.78m x 2.84m (12'5" x 9'4") - UPVC double glazed window to the rear aspect. Refitted electric storage heater. Television point.
Bedroom Two/Dining Room - 2.90m x 2.26m (9'6" x 7'5") - UPVC double glazed window to the rear aspect. Refitted electric storage heater.
Shower Room - 2.34m x 2.13m (7'8 x 7') - Refitted three piece suite comprising double-width shower cubicle, pedestal wash hand basin. and low level WC inset to storage unit. Electric wall heater.
Extractor fan. Emergency pull-cord. Opaque UPVC double glazed window.
Leasehold Details - The lease was dated 1st of July 1998 for 99 years until 1 July 2097, with a monthly service charge of £194.54 and an annual ground rent of £1.
In-line with the majority of retirement properties, 0.5% of the apartment's value per year owned is payable to East Midlands Housing upon the future sale.
Council Tax Band A - Note For Prospective Buyers - Upon acceptance of an offer, all buyers will need to undertake an identification check for which there will be a charge of £50+VAT per person (non-refundable).
These checks are completed to meet our obligations under Anti Money Laundering Regulations (AML) and are a legal requirement.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Symington Way, Market Harborough
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