2-bedroom flat · LE4 0BW
For saleListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive, two bedroom, two bathroom apartment located on the first floor of this superb development on the west side of the city, providing excellent access to local amenities.
Location - The location is great for local shopping, a pleasant communal play area, perfect for young families or those who enjoy outdoor space close to home and is also convenient for the city centre, professional quarters, mainline railway station, the University and Hospital.
Accommodation - The building is accessed via a well-maintained communal entrance hall with a doorbell entry system.
The apartment itself opens into a welcoming hallway featuring a generous storage cupboard.
The first room off the hallway is bedroom two, a well-proportioned double room offering comfortable accommodation for guests, children, or use as a home office.
Next is the principal bedroom, a spacious double with a window to the front, enjoying fitted double wardrobes and an en-suite comprising a double shower enclosure, a wash hand basin and low flush WC, electric shaver point, part tiled walls and tiled floor.
Across the hall is the main bathroom, fitted with a three piece suite comprising a panelled bath with shower over, a pedestal wash hand basin and a low flush WC, half-tiled walls and tiled flooring.
The kitchen, located to the rear of the apartment, is well-appointed with a good range of wooden eye and base level units and drawers, ample preparation surfaces, tiled splashbacks, a stainless steel sink and drainer unit with a mixer tap and window above, a stainless steel Indesit oven with a four-ring gas hob and stainless steel extractor unit over, space and plumbing for a washing machine and space for a fridge freezer.
Finally, the sitting/dining room is a bright and generously sized space, thoughtfully arranged to create distinct areas for relaxing, dining and even a dedicated home office corner.
Positioned at the front of the property, large windows allow for an abundance of natural light, enhancing the sense of space throughout.
Outside - The property benefits from one allocated parking space.
Lease Details: - Please be advised that whilst we make every effort to ensure that these lease details are correct, these are subject to change, must not be relied upon and MUST be verified by any potential Purchaser's Solicitor.
Tenure: Leasehold Lease Term: 125 years from 2003. Service Charge: Approx. £1,600 per annum. Ground Rent: Approx.
£100 per annum Management Company: CRL T/A HLM property management Other Details - Local Authority: Leicester City Council, Tax Band: B Listed Status: None. Conservation Area: None.
Services: Offered to the market with all mains services and gas-fired central heating. Broadband delivered to the property: Unknown.
Wayleaves, Rights of Way & Covenants: None out of the ordinary for an apartment block. Flooding issues in the last 5 years: None our Clients are aware of.
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 Larchmont Road, Leicester
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