2-bedroom flat · LE2 5QQ
For saleReduced £10k (−4.8%) on 30 SepListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to purchase this penthouse apartment in a sought after gated development in oadby.
This very spacious and beautifully presented apartment located on the third floor of this sought after block with lift and benefiting from two allocated parking spaces.
The apartment comprises an L shaped entrance hallway, spacious lounge with open plan kitchen and access to balcony, two double bedrooms with en-suite and Jack and Jill bathroom.
There is ample storage and the flat benefits from an extended lease and is being offered for sale with no upper chain. Well located to Oadby Shopping Parade and easy access to Leicester city Centre.
Hallway L shaped hallway, entry phone, radiator, two built in cupboards.
Lounge (6.54 x 4.14 (21'5" x 13'6")) Built in eaves storage, radiator, two sets of patio doors to front aspect leading onto balcony.
Other Aspect Balcony (3.73 x 1.18 (12'2" x 3'10")) Paved floor, low brick wall, facing front aspect.
Open Plan Kitchen (3.02 x 2.59 (9'10" x 8'5")) Fitted units with worktops and matching splashbacks, sink with drainer, integrated 'Bosch' washer dryer, fridge freezer and dishwasher, five ring gas hob, spot lights, two built in eaves storage cupboards.
Bedroom One (5.12 max x 4.83 (16'9" max x 15'10")) Built in wardrobe, built in eaves storage cupboard, radiator, feature double glazed window to rear aspect.
Other Aspect En-Suite Bathroom (2.60 x 2.04 (8'6" x 6'8")) Bath with mains shower, pedestal wash hand basin, low level w/c, heated towel rail, extractor, part tiled walls, spot lights, eaves storage cupboard, tiled floor.
Bedroom Two (4.84 x 4.37 (15'10" x 14'4")) Built in wardrobe, radiator, four Velux windows to front aspect.
Other Aspect Jack And Jill Bathroom (3.52 max x 2.18 (11'6" max x 7'1")) Bath, pedestal wash hand basin, low level w/c, heated towel rail, part tiled walls, tiled floor, spot lights.
Leasehold Managing Agents Encore Service Charge £1.339.03 paid half yearly. Lease 189 years from 1 January 2005 Two Allocated Parking Spaces Free Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Money laundering Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
Passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents. Hours of Business: Monday to Friday 9am -5.30pm, Saturday 9am - 4pm
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 22, Hermitage Court, Honeywell Close, Leicester
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