1-bedroom house · LE16 7QH
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DRAFT PARTICULARS - Awaiting verification from the seller **ONE BEDROOM SECOND FLOOR RETIREMENT APARTMENT** This delightful one bedroom second floor apartment enjoys a desirable South-Westerly facing aspect.
Presented in good order throughout, the property offers comfortable and well-proportioned accommodation and is conveniently located close to the stairs and Guest Suite.
Offered with no onward chain, this lovely apartment is ready for a new owner to make it their own.
The Living room offers ample space for living and dining room furniture and benefits from a feature electric fireplace with attractive surround.
A window provides lots of natural light and a door leads through to the Kitchen. The Kitchen offers a range of modern eye and base level units with working surfaces over and tiled splashbacks.
There is a built-in waist height oven, 4 ring electric hob with extractor hood over, a fridge, a frost-free freezer and washer/dryer. A window provides light and ventilation.
The Bedroom is a generous double room with a walk-in wardrobe and plenty of space for additional bedroom furniture if desired.
The Shower room offers a large walk-in shower with handrail, a WC and wash hand basin with vanity unit beneath and a heated towel rail.
Perfectly complementing this wonderful apartment is a useful storage cupboard located in the hallway. Call us today to book your viewing!
Tebbutt Lodge is an attractive development of 44 one and two-bedroom retirement apartments located in the heart of Market Harborough, Leicestershire.
This charming market town is only a short walk away for banks, building societies, a Post Office, opticians and hairdressers. St Mary’s Centre has a range of shops for retail therapy.
Market Harborough has plenty of regular bus services and the train station offers services to London, Birmingham and Nottingham.
The Lodge manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A Guest Suite is available for your friends and family to stay in. In addition, you are entitled to use the Guest Suites at all Churchill Living developments across the country.
Prices are available from the Lodge Manager.
Tebbutt Lodge has been designed with safety and security at the forefront, the apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Tebbutt Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Tebbutt Lodge requires at least one apartment Owner to be over the age of 60 with any second Owner over the age of 55. Service Charge (Year ending 30th November 2026) £3,428.55 per annum.
Ground rent £575 per annum. To be reviewed August 2030. Council Tax Band B 999 year Lease commencing August 2020 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management Service charges include: Careline system, buildings insurance, water and sewerage rates, Air Source Heating, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Tebbutt Lodge, Market Harborough, Leicestershire
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