2-bedroom flat · LE2 3JN
Listing removedListed 216 days
Opportunity summary
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About
A stunning two bedroom, two bathroom penthouse apartment within a converted original Art Deco designed building positioned just outside the city, offering generous accommodation, stylish interiors and a full-length balcony with far-reaching views.
Location - The property is ideally positioned for convenient access to Leicester city centre, along with Leicester University and the Royal Infirmary.
A wide range of everyday amenities can be found in the nearby suburbs of Oadby and Wigston, while the popular Queens Road shopping parade in neighbouring Clarendon Park offers an excellent selection of independent shops, cafés, bars, boutiques and restaurants.
This well-connected yet desirable location perfectly balances city accessibility with a more relaxed, community-focused setting.
Accommodation - Accessed via lift from the penthouse lobby, this impressive apartment opens into a well-presented, carpeted hallway.
The spacious entrance provides access to a useful utility/storage cupboard with space and plumbing for a washing machine, along with an additional cupboard housing the boiler and hot water tank.
The heart of this home is the stunning open-plan kitchen, dining and living area.
A beautifully light and airy space, enhanced by a pair of patio doors leading onto a full-length balcony with far-reaching views.
The space is finished with predominantly wooden flooring, complemented by a tiled kitchen area boasting an excellent range of gloss finished wooden eye and base level units, a stainless steel sink and drainer unit with mixer tap over.
and integrated appliances including a CDA fridge and freezer and an Beko dishwasher.
A central island adds both style and practicality, housing a stainless steel oven, CDA four-ring gas hob with chimney style stainless steel extractor unit above, providing drawers and breakfast bar space.
There is ample space for designated dining and living areas.
The master bedroom is a particularly attractive space, enjoying direct access to the balcony via patio doors, this generous double room includes fitted open storage and leads through an opaque glazed door into a sleek en-suite shower room providing a white three piece suite comprising a corner shower enclosure with a drench shower head, an enclosed WC and an inset wash hand basin.
The room has part tiled walls, recessed shelving, a chrome heated towel rail, tiled flooring, inset ceiling spotlights and a glazed feature wall adding a modern design element, subtly connecting the space back to the living area.
Bedroom two is a well-proportioned double room, benefitting from a floor-to-ceiling window to the balcony.
The main bathroom is elegantly finished, featuring a freestanding roll-top bath with shower attachment, twin inset wash hand basins, enclosed WC and bidet, along with a chrome heated towel rail, inset ceiling spotlights, tiled flooring and walls complemented by recessed shelving, creating a clean and contemporary feel.
Outside - The full-length balcony provides an excellent outdoor retreat, finished with smart block paving and enclosed by a combination of walls and railings.
It enjoys pleasant, leafy views over Knighton Church Road and the surrounding greenery, offering a peaceful setting whilst remaining just outside the city.
Further benefits include an allocated parking space and secure gated access for both vehicles and pedestrians, providing added peace of mind.
Lease Details: - Please be advised that whilst we make every effort to ensure that these lease details are correct, these are subject to change, must not be relied upon and MUST be verified by any potential Purchaser's Solicitor.
Tenure: Leasehold with a share of the freehold. Lease Term: 125 years from 2008 Ground Rent/ None payable. Service Charge: £1,991 per annum. Contribution towards buildings insurance: £295 per annum.
Other Information - Listed Status: None. Conservation Area: None.
Local Authority: Leicester City Council, Tax Band: E Services: Offered to the market with all mains services and gas-fired central heating.
Broadband delivered to the property: Fibre broadband, speed unknown. Construction: Believed to be standard. Flooding issues in the last 5 years: None. Accessibility: The building has lift access.
Planning issues: None our Clients are aware of. Wayleaves, Rights of Way & Covenants: None out of the ordinary for an apartment block.
Please Note: The balcony is not within the owner’s legal ownership.
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 Wallis Court, Knighton Church Road, South Knighton, Leicester
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