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See how verdicts work2-bedroom house · LE11 5HJ
For saleReduced £10k (−5%) on 2 SepListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A fantastic investment opportunity- with scope for further development!
We are delighted to offer for sale this detached property which is currently split into two individual apartments with planning consent approved for a further apartment, currently generating £17,400 per annum in rental income.
Description A fantastic investment opportunity - no chain! With scope for further development!
We are delighted to offer for sale this detached property which is currently split into two individual appartments with planning consent approved for the creation of a further apartment - full planning details can be found at Charnwood Borough Council under planning reference P/23/0321/2 The property is currently made up as follows - Apartment 201A - Ground Floor Apartment comprising of Hallway, Living Room, Kitchen area, Bedroom and Bathroom, let under a periodic assured shorthold tenancy currently generating an income of £8,700 per annum.
Apartment 201B - First Floor Apartment comprising of Hall, Stairs off to First Floor, Living Room, Kitchen Area, Bedroom and Shower Room, let under and assured shorthold tenancy currently generating an annual income of £8,700 per annum.
The planning consent allows for the creation of a self contained second floor apartment which will generate an additional income.
For further details of the property, planning information or to arrange a viewing please contact the branch for further information.
201a Apartment 201A - A ground floor apartment currently rented out on a periodic assured shorthold tenancy, generating an income of £8,700.
The apartment benefits from new flooring, replastered walls and extended kitchen countertops. 201b Apartment 201B - A first floor apartment currently rented out generating an income of £8,700.
The apartment benefits from a brand new kitchen and bathroom suite!
Planning Consent There is planning consent granted for the creation of a second floor, third apartment which can be found under planning reference P/23/0321/2 at Charnwood Borough Council, which can generate £8,700 per annum upon completion.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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FAQ
About 201, Derby Road, Loughborough
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