2-bedroom flat · LE1 5TN
For saleListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated in the heart of Leicester city centre, this two bedroom apartment is offered for sale with tenants in situ.
Benefiting from double glazing, the accommodation briefly comprises of an entrance hall, lounge, fitted kitchen, two bedrooms and bathroom. Allocated parking for one vehicle.
Description Offered for sale with tenants in situ representing an ideal investment opportunity, is this first floor flat situated in the city centre within walking distance of train and bus stations, together with a wide range of shopping and leisure amenities in the nearby Highcross Centre.
The accommodation comprises of an entrance hall, lounge, fitted kitchen, two well appointed bedrooms and a bathroom. The property also benefits from an allocated parking space.
Entrance Hall Intercom system, airing cupboard, telephone point and electric storage heater.
Lounge 15' 6" x 11' ( 4.72m x 3.35m ) Double glazed window to front elevation, laminate flooring and TV point.
Kitchen 10' 6" x 7' 4" ( 3.20m x 2.24m ) Fitted with wall and base units, stainless steel sink and drainer, work surfaces with tiling to splashbacks, built-in electric oven and hob with cooker hood, integrated washing machine, fridge and freezer and double glazed window to the side.
Bedroom One 11' 9" x 10' 3" ( 3.58m x 3.12m ) Double glazed window to the front and electric heater. Bedroom Two 10' 4" x 10' 4" ( 3.15m x 3.15m ) Double glazed window to the side and electric heater.
Bathroom Fitted bathroom comprising of bath with mixer tap and shower, wash hand basin, low level wc, extractor fan, shaver point and heated towel rail.
Outside There is an allocated parking space for one vehicle. Lease details are currently being compiled. For further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Flat 4, Minster Court, 1, Norton Street, Leicester
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