2-bedroom flat · LE3 2DE
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming and well-maintained two-bedroom apartment offers a fantastic opportunity for first-time buyers, downsizers, or investors looking for a property with a strong rental potential.
Located in the popular Watergate Court development, this property is ideally positioned to benefit from the best of Leicester’s amenities, while offering a peaceful and secure environment for residents.
Key Features: Bright and Spacious Living Area: The apartment boasts a large, open-plan living and dining space with plenty of natural light, offering a welcoming atmosphere for everyday living or entertaining guests.
Modern Kitchen: The well-equipped kitchen features a range of contemporary units and ample workspace, ideal for preparing meals.
There is space for essential appliances, including a fridge, oven, and washing machine.
Two Generous Bedrooms: Both bedrooms are generously sized, with the master bedroom offering additional storage space.
Each room has been neutrally decorated, making it easy for new owners to add their personal touch.
Family Bathroom: The apartment benefits from a well-presented family bathroom with a modern suite, including a bath with shower over, a wash basin, and a WC.
Secure Parking: The property comes with a designated parking space within a secure, gated development, providing peace of mind and convenience.
Ideal Location: Watergate Court is within walking distance of local shops, cafes, and supermarkets, while being well-served by public transport links for easy access to Leicester city centre, the train station, and beyond.
Nearby green spaces provide an opportunity for outdoor activities and relaxation.
The property also benefits from a long lease and is part of a well-maintained building with secure entry, offering low-maintenance living in a sought-after location.
Perfect For: First-time buyers seeking a well-priced, move-in ready home. Investors looking for a property in a high-demand rental area.
Anyone looking for a quiet retreat close to the vibrant city centre. Viewing is highly recommended to fully appreciate the quality and potential of this fantastic apartment.
Don’t miss out on this opportunity to own a property in this popular Leicester location! EPC rating: C. Tenure: Leasehold,
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Watergate Court, Leicester, LE3
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