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See how verdicts work2-bedroom flat · LE17 4AZ
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"As far back as the 1700’s the market town of Lutterworth has boasted an abundance of Inns and taverns providing hospitality and accommodation for travellers.
One such establishment was the Denbigh Arms on the High Street.
Today, having been sympathetically converted to apartments and town houses, Hind Estates are pleased to offer this individually styled two bedroom apartment with accommodation comprising entrance hall, open plan lounge, kitchen/diner, two double bedrooms and shower room.
Outside there is an allocated parking space within a secure gated car park." Entrance Hall Ceiling down lights, walk in cupboard, communicating doors.
L Shaped Lounge, Kitchen/Diner Kitchen/Diner 5.09m (16'9") x 3.57m (11'9") Fitted with a range of wall and base level units, work surfaces over, sink unit with mixer tap, tiling to water sensitive areas, hob with chimney style extractor hood over, built in oven, integrated fridge, freezer, washing machine and dishwasher, breakfast bar, ceiling downlights, electric storage heater, tiled floor, opening into: Lounge Area 4.59m (15'1") x 2.56m (8'5") Multi-paned effect sealed unit double glazed window to front aspect, electric storage heater.
Bedroom One 4.59m (15'1") x 2.43m (8') Multi-paned effect sealed unit double glazed window to front aspect, electric storage heater.
Bedroom Two 3.39m (11'1") x 3.12m (10'3") Multi-paned effect sealed unit double glazed window to front aspect, electric storage heater.
Shower Room Fitted suite comprising low level flush w.c., pedestal wash hand basin, walk in shower enclosure, tiling to water sensitive areas, ceiling downlights, extractor fan, electric heater, tiled floor, built in airing cupboard housing hot water cylinder and with linen storage space.
Allocated Parking There is an allocated parking space within a secure car park with electric gates to both the front and rear of the development.
Miscellaneous Harborough District Council Council Tax Band B £1,848.28 The property is leasehold tenure and was granted a lease of 999 years from 1st July 2006.
Ground rent and service charge to be advised. N.B Please be aware that the current photographs were taken when the existing owner was in residence and not the current tenant.
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 High Street, Lutterworth, LE17
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