1-bedroom flat · LE3 0PE
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two-bedroom ground floor apartment offers an exceptional opportunity for first-time buyers looking to step onto the property ladder, as well as investors seeking a strong addition to their portfolio.
Set within a period property in a highly sought-after location close to local amenities, the city centre, hospitals and universities, the apartment combines character, convenience and long-term value.
With an impressive 971 years remaining on the lease and an annual service charge of £1,680, this is a secure and attractive purchase.
Accessed via a secure communal entrance with buzzer system, the building retains its original Victorian flooring within the shared stairwell, adding charm and character from the moment you arrive.
The apartment itself is conveniently positioned on the ground floor, immediately to the left upon entry.
Inside, a welcoming inner hallway provides access to all rooms, offering a practical and well-proportioned layout.
To the rear of the property, the open-plan living kitchen is filled with natural light from two UPVC windows overlooking the communal garden.
This bright and airy space is ideal for both relaxing and entertaining.
The kitchen features work surfaces with an inset sink and mixer tap, base units with matching wall-mounted cupboards, and a built-in electric oven with four-ring electric hob.
There is space for a fridge and washing machine, while contemporary laminate flooring flows seamlessly from the living kitchen into the hallway.
The master bedroom is generously proportioned and benefits from built-in wardrobes and a UPVC window overlooking the side garden, creating a calm and private retreat.
The shower room is well appointed with a shower cubicle and electric shower, dual-flush WC, pedestal wash hand basin and an airing cupboard housing the water tank.
A side-facing UPVC window provides natural light and ventilation.
With its long lease, desirable location and move-in ready condition, this apartment represents an excellent opportunity for both owner-occupiers and investors alike.
Early viewing is highly recommended. Entrance Hall Master Bedroom 2.36m x 2.97m - 7'9" x 9'9" Open Plan Living Kitchen 3.35m x 4.08m - 10'12" x 13'5"
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 Narborough Road, Leicester, LE3
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