2-bedroom flat · LE10 2HE
For saleReduced £5k (−2.9%) on 30 JulListed 255 days
Opportunity summary
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About
Impressive 2011 first floor apartment.
Sought after and convenient location within walking distance of the village centre including shop, schools, doctors, dentists, parks, bus services, restaurants, public houses and good access to the A5 and M69 motorway.
Immaculately presented with a range of good quality fixtures and fittings including white panelled interior doors, security entry system, wired in smoke alarms, spot lights, gas central heating and UPVC sudg.
Spacious accommodation offers entrance lobby, entrance hall, open plan lounge dining room and fitted kitchen. 2 good bedrooms and bathroom with shower. Communal gardens, parking space and bin store.
Viewing recommended. Carpets and blinds included. Tenure Leasehold 999 year lease of which 12 years have expired. There are 987 years left on the lease. Ground rent £174.00 per annum.
Service/ Maintenance charge £174.54 per month Council tax band= A Accommodation Open canopy porch with outside lighting, individual mailboxes, attractive composite panelled and sudg door leads to Communal Entrance Hallway With lighting on a timer, stairway to First Floor With white wood panelled and glazed door to 5 Entrance Lobby With lighting, attractive white 6 panelled interior door to Entrance Hallway With security entry phone, thermostat for the central heating system, wired in smoke alarm, inset ceiling spotlights, single panelled radiator, door to storage cupboard with fitted shelving, attractive white six panel interior door to Open Plan Lounge Dining Room And Kitchen To Rear The Lounge Dining Room (3.08 x 5.49 (10'1" x 18'0" )) With double panelled radiator, TV aerial point including sky, inset ceiling spotlights, wired in smoke alarm, feature archway to Fitted Kitchen (2.56 x 1.97 (8'4" x 6'5" )) With a range of beech finish fitted kitchen units consisting inset single drainer stainless steel sink unit, mixer taps above and double base unit beneath.
Further matching floor mounted cupboard units and three drawer units, contrasting black roll edge working surfaces above with inset four ring ceramic hob unit, stainless steel chimney extractor hood above and tiled splash backs.
Further matching wall mounted cupboard units, one concealing the gas condensing combination boiler for the central heating and domestic hot water, integrated fan assisted oven with grill, microwave oven, a dishwasher, wired in heat detector and concealed lighting over the working surfaces.
Bedroom One To Rear (3.17 x 3.87 (10'4" x 12'8" )) With double panelled radiator and a TV aerial point. Bedroom Two (2.68 x 2.01 (8'9" x 6'7" )) With single panelled radiator.
Bathroom (1.94 x 1.87 (6'4" x 6'1" )) With white suite consisting P shaped panelled bath, main shower unit above, glazed shower screen to side, pedestal wash hand basin, low level WC, contrasting fully tiled surrounds, chrome heated towel rail and a extractor fan.
Outside There are communal gardens, individual parking spaces and bin store.
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 5 Britannia Court, 29, Britannia Road, Burbage
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