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See how verdicts work1-bedroom flat · LE2 2AD
For saleReduced £2k (−2.5%) on 25 OctListed 392 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground-floor apartment offers a wonderful opportunity for those over 55 seeking a secure and welcoming community in the sought-after Stoneygate area.
Designed with comfort and convenience in mind, it’s an ideal choice for those looking to downsize without compromising on quality of life.
The development itself is designed to make everyday life that little bit easier.
Residents benefit from unallocated but readily available parking, landscaped communal gardens, and the use of a shared laundry room with a weekly timeslot.
For peace of mind, there is a 24-hour warden service, with pull cords installed in key rooms.
Stoneycroft combines independence with the reassurance of a supportive community setting, a place to truly feel at home.
Location - Stoneycroft lies just off Stoneygate Road, providing good access to neighbourhood facilities found at the nearby Allandale Road and Francis Street and also Leicester city centre and Oadby via the London Road.
Accommodation - The property is entered via a hallway with a storage cupboard housing the water tank.
The sitting/dining room is a welcoming space enjoying a front facing window and is open plan to the kitchen, well equipped with a range of white eye and base level units and drawers with ample preparation surfaces, tiled splashbacks and a stainless steel sink with drainer.
There is a Beko oven and induction hob with a stainless steel extractor unit above, space for a fridge, and a front facing window providing natural light.
The double bedroom is a bright and comfortable space with a side-facing window, and the accommodation is completed by a bathroom featuring a modern walk-in style shower with seat and screen, a wash hand basin, WC, part-tiled walls and tile-effect flooring.
Outside - The development enjoys lovely communal gardens.
Lease Information - We make every effort to ensure these details are correct, however these are subject to change and are not to be relied upon/MUST be verified by potential Purchaser's Solicitors.
Tenure: Leasehold. Lease Term: 125 years from 1986. Ground Rent: £0 Service charge : £3,285 per annum. Service charge review period & review increase: Annually.
Other Information - Local Authority: Leicester City Council Tax Band: A Listed Status: None. Conservation Area: Stoneygate.
Services: Offered to the market with all mains services and electric central heating. Broadband delivered to the property: Unknown. Construction: Believed to be Standard.
Wayleaves, Rights of Way & Covenants: None out of the ordinary for an apartment complex. Flooding issues in the last 5 years: None our Clients are aware of.
Accessibility: The development is extremely wheelchair accessible. Planning issues: None our Clients are aware of. Other : Double glazing installed in 2023.
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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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.
Area
Agent & docs

FAQ
About Stoneycroft, Stoneygate Road, Stoneygate
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