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See how verdicts work2-bedroom flat · LE3 9JQ
Listing removedListed 519 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor ex-council 2 bedroom flat offering good sized accommodation close to a range of good local amenities including shops, schools, Glenfield hospital and major road links to motorway & city centre.
The property benefits from a centralised heating system, UPVC double glazing to majority of windows, well decorated and appointed throughout.
The spacious accommodation comprises of passage hall, 16' lounge, fitted kitchen, 2 large double bedrooms, shower room with modern white suite, wc, internal store.
Offered for sale with no upward chain! Council Tax Band A Entrance Hall - Accessed off the communal hallway via a composite entrance door, meter cupboard.
Lounge - 5.03m x 3.61m (16'6 x 11'10 ) - Spacious living room with UPVC double glazed window overlooking rear of block, laminate flooring, radiator.
Kitchen - 3.86m x 2.03m (12'8 x 6'8) - A well appointed fitted kitchen with UPVC double glazed window overlooking rear of block, tiled flooring, base, drawer and eye level units, work surfaces, stainless steel sink unit, provision for usual appliances.
Bedroom One - 3.86m x 2.69m (12'8 x 8'10) - A good sized double bedroom with UPVC double glazed window overlooking rear of block, laminate flooring, radiator, wardrobes.
Bedroom Two - 4.06m x 3.00m (13'4 x 9'10) - UPVC double glazed window overlooking rear of block, laminate flooring, radiator, wardrobes.
Shower Room - 2.24m x 1.47m (7'4 x 4'10) - Fitted with a white suite comprising of mains shower cubicle, vanity wash hand basin, tiled floor and fully tiled walls. Separate wc.
Outside - There are communal gardens laid mostly to lawn.
Local Authority & Council Tax Info (Blaby) - This property falls within Leicester District Council (leicester.gov.uk) It has a Council Tax Band of A which means a charge of £1605.15 for tax year ending March 2026 Please note: When a property changes ownership local authorities do reserve the right to re-calculate council tax bands.
For more information regarding school catchment areas please go to Leasehold Info - We are advised by Leicester City Council that there are over 115 years left on the lease.
The lease is due to expire on 7 April 2138. There is an annual ground rent charge of £10.00. Leasehold Annual Service charges apply.
We understand monthly payments are currently £246.45 (TBC) which includes heating, cleaning of communal areas, lift and buildings insurance.
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.
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About Aikman Avenue, Leicester
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