2-bedroom flat · LE16 7BT
For saleListed 330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This second floor retirement apartment offers well planned living space, and has recently been re-carpeted and re-decorated throughout and access is via a lift or stairs.
Leading off the entrance hall is one large walk-in storage area, a cloakroom cupboard with hanging space and a further storage cupboard.
The bright airy living /dining area faces west, overlooking the well maintained garden surrounded by mature trees.
Through an archway, the kitchen is fitted with a range of base and wall cupboards, an integrated electric oven, a halogen two ring hob, and space for a fridge.
The bathroom comprises a large electric shower cubicle with sliding glass door, a w/c and wash basin/vanity unit.
The two double bedrooms each have a fitted wardrobe, and also face west over the garden. Heating is provided by storage heaters (Economy 7) in each room.
There are also emergency pull cords in each room which connect to the house manager during weekday office hours, and at other times to the 24/7 emergency call centre.
Homewelland House was built in 1987. It comprises 45 flats, a residents' lounge and kitchen, a laundry, a guest flat plus parking, and outside seating.
Regular social activities take place in the lounge, and outings are also organised by the residents.
It is located just 0.5 miles north of the town square, and bus-stops directly outside the property enable travel south into town, or north into Leicester.
The canal basin of the Grand Union Canal is across the road. And a Co-op supermarket is close by. Market Harborough train station gives regular access south direct to London St.
Pancras, and north to Leicester, and Nottingham and beyond. Market Harborough is a thriving town, and offers many opportunities for meeting people, including several active U3A groups.
EPC Rating: C Disclaimer Disclaimer: Money Laundering Regulations: Buyers will need to provide identification documents once an offer is accepted.
This is required to complete anti-money laundering (AML) checks. Please note, a fee is charged per person for these checks.
Property Details: The information provided does not form part of an offer or contract for the property’s sale. Measurements: All measurements are for guidance only.
We recommend prospective buyers verify dimensions before incurring any expenses. Appliances and Fixtures: Sheldon Bosley Knight has not tested any equipment, fixtures, or services.
Buyers are advised to check the condition and functioning of appliances independently. Legal Title: Sheldon Bosley Knight has not verified the legal ownership of the property.
Buyers should obtain confirmation through their solicitor.
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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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 Leicester Road, Market Harborough, LE16
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