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See how verdicts work2-bedroom flat · LE3 8HP
For saleListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A BEAUTIFULLY PRESENTED ground floor apartment in probably the best position in this HIGHLY SOUGHT AFTER development with French doors issuing out to the parking area, long 999 year lease (from 2001) and well placed for excellent shopping, Glenfield hospital, bus routes to city and major road links via A50, A46 & M1/M69.
The development was built in 2001 and this apartment has been comprehensively remodelled with new electric heating, quality floor coverings & tastefully decorated.
The good sized accommodation comprises of hall, good storage, 16' dual aspect lounge with independent access to car standing bay, fitted dining kitchen with a full range of appliances, 2 bedrooms, 2 bathrooms.
Well kept communal gardens, nearby nature reserve, private parking bay. Early viewing highly recommended! Leasehold - 974 years remaining.
Council Tax band D Entrance Hall - Entrance door, fitted carpet, cupboard, cloaks cupboard, electric heater.
Lounge - 4.97m x 3.21m (16'3" x 10'6") - UPVC double glazed window , fitted carpet UPVC French doors to rear. Dining Room - 4.48 x 2.66 (14'8" x 8'8") - UPVC double glazed iwndow, fitted carpet.
Kitchen - 3.13 2.55 (10'3" 8'4") - UPVC double glazed window, fitted with a range of base, drawer & eye level units, work surfaces, tiled splashback, one and a half bowl stainless steel sink unit with mixer tap, double oven, ceramic hob, washing machine, extractor fan.
Integrated dishwasher & fridge/freezer. Bedroom One - 4.77 x 3.12 (15'7" x 10'2") - UPVC double glazed window, fitted carpet, built-in wardrobe, recessed cupboard, electric heater.
En-Suite Shower Room - UPVC double glazed opaque window, vinyl flooring, mainly tiled walls, extractor fan, fully tiled shower cubicle with electric shower, pedestal wash hand basin, wc.
Bedroom Two - 3.51 x 3.27 (11'6" x 10'8") - UPVC double glazed window, fitted carpet, electric heater.
Bathroom - 2.64 x 1.92 (8'7" x 6'3") - UPVC double glazed opaque window, vinyl flooring, mainly tiled walls, panelled bath with shower over, pedestal wash hand basin, wc.
Outside - Lease Informatin - Glenfield - Glenfield is a popular large village 5 miles to the West of Leicester city centre with a population of approx 9,500.
There are two well regarded primary schools, three pubs, St Peters church and a range of local shopping facilities including a relatively new Morrison's store on Station Road.
There is nearby open countryside including Bradgate Park and Gynsills conservation area. There is easy access to M1, A46 & A50 main routes.
Glenfield General Hospital & Leics County Council are two large employers.
Glenfield is mentioned in the Domesday book of 1086 and is also famous for its now defunct railway tunnel built by Stevenson and once the longest in the world.
Regular bus services into Leicester serve the village and Leicester train station is approx 5 miles away.
Local Authority & Council Tax Info (Blaby) - This property falls within Blaby District Council (blaby.gov.uk) It has a Council Tax Band of D which means a charge of £2,452.38 for tax year ending March 2027 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
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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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 Gynsills Hall, Stelle Way, Glenfield
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