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See how verdicts work1-bedroom flat · LE4 0BL
No longer listedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION A one-bedroom apartment, located in the highly sought-after Montvale Gardens development. Includes an allocated parking space. No chain, Currently tenanted.
HALLWAY Storage cupboard, radiator and carpet flooring.
LOUNGE 19' 9" x 11' 9" (6.02m x 3.58m) A light and bright lounge with UPVC double glazed french doors opening out to a balcony, carpet flooring and radiator, boiler cupboard and access to the kitchen.
KITCHEN 9' 9" x 6' 2" (2.97m x 1.88m) With a good range of both base and wall mounted units, ample work surfaces, oven with gas hob and extractor over, sink and drainer, space for fridge freezer and washing machine, radiator and hard floor.
BEDROOM 15' 4" x 8' 11" (4.67m x 2.72m) With a UPVC double glazed window, fitted wardrobes, carpet flooring, radiator and door to the en suite.
BATHROOM 7' 11" x 6' 6" (2.41m x 1.98m) With a bath and shower over, WC, wash hand basin, tiled splash backs, radiator, extractor fan and hard flooring.
WC With a low level WC, pedestal wash hand basin, tiled splash back and hard floor. OUTSIDE Allocated parking space. LEASE INFORMATION Leasehold - 102 years remaining on a 125 year lease.
Service Charge - £2209.50 a year Estate Charges - £365.72 a year Ground Rent - £100 a year
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 Montvale Gardens, Leicester
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