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See how verdicts work2-bedroom flat · LE2 3AL
For saleListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Before it was an apartment, it was a classroom. Madeleine House on Clarendon Park Road was built in 1890 as St.
John's Church School, designed by renowned local architects Everard and Pick, and known affectionately by locals as "Johnnies." It served the community for decades before closing as a school in 1974, later becoming offices for the Red Cross.
The building has since been sympathetically converted into luxury apartments, picking up a Leicester Civic Society commendation for the quality of its restoration along the way.
This second floor apartment offers two double bedrooms, an open plan living and dining room, a well-specified kitchen, two bathrooms, a private south-facing terrace, lift access and an allocated parking space in the rear courtyard.
The building retains its original red brick facade, distinctive stepped gables and newly installed double-glazed timber windows throughout.
The entrance hallway is accessed via a wide timber door and features solid oak flooring, a full-length mirror and a radiator.
A dedicated storage cupboard housing the fuse board is located off the hall.
The open plan living and dining room is a generous double aspect space benefiting from four timber double-glazed windows to the rear elevation, solid hardwood flooring and two contemporary radiators.
The space comfortably accommodates a large dining table and separate sitting area.
The kitchen is fitted with a full range of gunmetal grey base and tall units with stainless steel worktops and open stainless steel shelving above, set against a black gloss metro tile splashback.
Integrated Siemens appliances include an electric hob with extractor over, electric oven, microwave, fridge-freezer, washer-dryer and dishwasher. A glazed door opens directly onto the private terrace.
The terrace is south-facing, sits above roofline level and offers open views across the surrounding rooftops. A genuinely usable outdoor space with room for outdoor dining and seating.
The master bedroom includes a dressing area, timber double-glazed windows to the side elevation and access to the Jack and Jill bathroom.
That bathroom serves both the master bedroom and the entrance hall and is finished with floor to ceiling tiling, a panelled bath, Mira electric shower with glass screen, pedestal basin and chrome heated towel rail.
The second bedroom has a timber double-glazed window to the front and is served by a private en-suite shower room with glass-screened cubicle, wall-hung basin with storage and WC.
The building is managed by Madeleine House rtm Lease details: 125 years from 2016 Service charge: Approx £3100 pa. Ground rent: Approx £475 pa. Allocated parking space included.
Lift access to all floors. This delightful home is in the centre of Clarendon Park on the bustling Clarendon Park Road which lies approximately a mile to the south of the city centre.
The sought after area surrounding offers local day-to-day shopping while an abundance of trendy bars, restaurants, and cafes can be found on Queens Road, just a minute's walk away.
The city centre, professional quarters and mainline railway station with fast services to London St Pancras are only a short distance away, across Victoria Park and down the leafy New Walk.
The property is also excellently situated for both of Leicester's universities and Leicester Royal Infirmary.
EPC Rating: C Disclaimer Anti-Money Laundering (aml) Requirements In accordance with current Anti-Money Laundering and Proceeds of Crime legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf by Hipla, our approved aml provider. Once an offer is accepted, Hipla will contact you directly to complete the required verification.
A fee of £60 inclusive of VAT per person applies to cover the cost of these checks. This fee is payable directly to Hipla and must be completed before a Memorandum of Sale can be issued.
The fee is non-refundable and applies even if the transaction does not proceed. General Information These particulars are intended as a guide only and do not form part of any offer or contract.
While we endeavour to ensure the accuracy of the information provided, we have not tested any services, appliances, or equipment, and no warranty is given as to their condition or functionality.
Prospective purchasers are advised to inspect the property thoroughly and to commission appropriate surveys and professional reports before exchange of contracts.
Photographs, floor plans, and measurements are provided for guidance only and should not be relied upon as exact.
Referrals and Introductions Oliver Rayns Estate Agents may receive a referral fee or other benefit for introducing clients/customers to third-party service providers, including mortgage advisers, conveyancers, and surveyors.
You are under no obligation to use any recommended provider, and any referral does not affect the price you pay for those services.
Value & comps
No previous sales on record.
Returns
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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
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 Flat 8, 76 Clarendon Park Road, Leicester
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