1-bedroom flat · LE18 4TR
For saleReduced £10k (−10.5%) on 29 SepListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in ready to move in condition is this excellent example of a ground floor apartment, which is situated in the very popular over 55's, warden assisted residential complex of Jasmine Court.
This stunning home is presented in immaculate and modern condition and comprises of a communal secure entrance foyer with a door leading to the ground floor apartment, an entrance hallway with storage cupboard and security entry intercom system, double bedroom with fitted wardrobes, modern re-fitted kitchen, modern fitted shower room with shower cubicle, vanity unit with inset wash hand basin and low flush wc and benefitting from underfloor heating, living room, which has double aspect windows allowing plenty of natural light to flood in and airing cupboard.
Externally, there are communal grounds with lawns and seating areas, a residents community room and homeowners and visitors parking.
The apartment benefits from having no upward chain, modern electric heating, double glazing and is conveniently positioned to local shops, schools, amenities and served by excellent public transport and road links to the city and surrounding areas.
To find out more about this lovely home, Call your local Hunters estate agent on to arrange your accompanied viewing.
Foyer Communal entrance, door to apartment Hallway Storage cupboard, wall mounted electric radiator, two way intercom with secure entry system, assistance pull cord.
Living Room (4.30 x 2.81 (14'1" x 9'2")) Double glazed windows, wall mounted electric radiator, airing cupboard with water heater, assistance pull cord.
Bedroom (2.92 x 2.72 (9'6" x 8'11")) Double glazed window, wall mounted electric radiator, fitted wardrobes.
Kitchen (3.62 x 1.89 (11'10" x 6'2")) Double glazed window, a range of modern hi-gloss wall and base units, space for washing machine, space for upright fridge freezer, stainless steel sink, assistance pull cord.
Shower Room (1.89 x 2.22 (6'2" x 7'3")) Double glazed window, underfloor heating, shower cubicle with glass panel splash screen, vanity unit with inset wash hand basin and low level wc, electric heated towel rail, assistance pull cord.
Outside Communal gardens and parking, secure entry foyer.
Material Information - Wigston Tenure Type; Leasehold Leasehold Years remaining on lease; 116 Leasehold Annual Service Charge & Ground Rent Amount £2,142.12 (£178.51 per month) Rent Review Period; January Council Tax Banding; A
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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FAQ
About 22, Jasmine Court, Wigston
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