2-bedroom flat · LE3 8SG
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal first home – Located in the heart of Glenfield, just a stone's throw away from a range of local amenities, is this well-presented and spacious two-bedroom first-floor flat.
The property benefits from allocated parking for one vehicle, complete with its own electric car charger, as well as an impressive 979 years remaining on the lease.
Entering via the shared entrance and ascending the stairs to the property's front door, you are welcomed into the entrance hallway, which provides access to all rooms.
The bathroom is located immediately to your right and is presented in excellent condition, featuring a shower over the bath, wash hand basin, and WC.
There are two generously sized double bedrooms, both offering ample space for additional furniture and storage.
The open-plan living kitchen is undoubtedly the hub of the home and has been thoughtfully arranged into three distinct areas.
The dining area provides the perfect setting for enjoying meals with family and friends, while the living space offers a comfortable environment to relax and unwind in front of the television after a long day.
Completing the room is the stylish kitchen, fitted with a range of wall and base units, work surfaces, space for appliances, and a convenient breakfast bar seating area.
Externally, the property benefits from its own private allocated parking space, visible from both the lounge and kitchen.
An electric car charging point further enhances the property's appeal, making it ideal for modern living. Lease Details The lease details have been provided to Anderson Briggs by the current owner.
Should any information prove to be incorrect, Anderson Briggs will not be held liable.
Maximum Lease Length – 999 Years Lease Length Remaining – 979 Years Annual Service Charge – £949 Ground Rent – £0 Management Company – Elm Tree House Management Company
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.
Area
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FAQ
About 14 Underwood Court, Leicester
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