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See how verdicts work1-bedroom flat · LE2 9NZ
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately Presented Ground Floor Apartment – Ideal First Time Buyer or Investment Opportunity – Excellent Transport Links – Residents Parking Situated within a popular are of Glen Parva, this immaculately presented ground floor apartment offers stylish, low-maintenance living in a convenient location, making it an excellent choice for first-time buyers, downsizers, or savvy investors seeking a ready-to-let opportunity.
Beautifully maintained and finished to a high standard, the apartment welcomes you into a bright and comfortable living room, providing the perfect space to relax, entertain, or unwind after a busy day.
A useful storage cupboard adds practicality, while the tasteful décor and quality flooring create a warm and inviting atmosphere.
The fitted kitchen is thoughtfully designed with modern cabinetry and integrated appliances, including an oven, hob, and extractor hood, providing everything needed for everyday cooking and dining.
The bedroom offers a peaceful retreat with space for furnishings, while the contemporary three-piece bathroom suite features a shower over the bath, combining style and functionality.
Further benefits include gas central heating and double glazing, ensuring comfort and energy efficiency throughout the year.
Externally, residents can enjoy the convenience of a communal car park, well-maintained gardens, and dedicated laundry drying areas, creating a pleasant and practical environment.
Ideally positioned close to local shops, schools, parks, and everyday amenities, the apartment also benefits from excellent public transport links and easy access to the city and surrounding motorway networks, making commuting simple and convenient.
Offering move-in-ready accommodation in a popular location, this is a fantastic opportunity not to be missed.
Contact Hunters Wigston today to arrange your viewing and discover everything this superb apartment has to offer.
Living Room (3.94m x 3.45m (12'11" x 11'3")) Double glazed window, feature fireplace and surround, oak wooden flooring, radiator.
Kitchen (2.65m x 1.63m (8'8" x 5'4")) Double glazed window, a range of wall and base units, worksurfaces, integrated oven and hob with extractor hood over, stainless steel sink with mixer tap, space for washing machine and undercounter appliances, tiled flooring, radiator.
Bedroom (3.02m x 2.31m (9'10" x 7'6")) Double glazed window, oak wooden flooring, radiator.
Bathroom (1.88m x 1.75m (6'2" x 5'8")) Double glazed window, panel bath with shower over, wash hand basin, low level wc, tiled walls and flooring, heated towel rail. Lobby Tiled flooring.
Storage Cupbaord Tiled flooring.
Material Information - Wigston # Verified Material Information ## Costs and tenure Tenure: Leasehold Lease length: 102 years remaining (125 years from 2003) Ground rent: £10/year Service charge: £221/year Council tax band: A EPC rating: Survey Instructed ## The building Other flat, standard construction 1 bedroom, 1 bathroom, 1 reception Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE great Parking: Communal Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (LT397343): - The property cannot be sold or transferred to a new owner without written permission from Blaby District Council, or a certificate confirming that the rules of the lease have been followed.
- The owner is required to give the property back (surrender the lease) to the landlord under certain specific circumstances described in the lease.
- The landlord has a 'right of pre-emption', which means if the owner decides to sell, the landlord may have the first right to buy the property back.
- The owner has entered into an 'indemnity covenant', which is a legal promise to follow all existing rules and to compensate the previous owner if those rules are broken.
- Any sale or legal dealing that breaks the rules set out in the lease may be considered invalid by the Land Registry. No environmental risks recorded All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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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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.
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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.
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FAQ
About 39, Featherby Drive, Leicester
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