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See how verdicts work2-bedroom flat · LE1 1SS
For saleReduced £10k (−10.5%) on 21 JunListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Available with no upward chain and offering the perfect opportunity to both first time buyers looking for easy city centre living and investors alike with a potential rent of £950.
The accommodation briefly comprises of; spacious hallway with storage cupboard which flows neatly into the fantastic open plan living area with sliding door onto the balcony.
The kitchen itself has been fitted with a good range of wall mounted and base level units with roll edged work surfaces, integrated electric oven and hob with extractor over, fridge/freezer and dishwasher.
Returning to the hallway, the property offers two double bedrooms with fitted wardrobes and a fully fitted three piece en-suite comprising of; shower enclosure, low level w.c and basin.
The second bedroom offers additional access to the balcony. Completing the accommodation is a well appointed bathroom suite with panelled bath with shower over, low level WC with wash hand basin.
Externally, the property offers parking within a secure parking facility with valet service available.
Rooms & Dimensions: Kitchen Lounge Diner: 4.33m x 5.35m (Max) Bedroom 1: 4.16m x 5.00m (Max) Ensuite: 2.15m x 2.00m (Max) Bedroom 2: 2.42m x 2.65m (Max) Family Bathroom: 2.42m x 2.33m (Max) Tenure: Leasehold 110 years Ground rent: £250 pa Service charge: £311.62 pcm Viewings and Directions: Strictly by appointment only through the sole agent Fraser Stretton Postcode for Sat Nav: LE1 1SS Council Tax Band: B 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
Agent & docs
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FAQ
About Apartment 150, Alexandra House, Leicester
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