2-bedroom flat · LE2 1ZA
For saleReduced £10k (−5%) on 17 SepListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom apartment in stoneygate. This apartment is located in the The Laurels and is on the third floor with the benefit of a lift and a balcony.
The flat comprises an entrance hall, lounge with open plan fitted kitchen, main bedroom has an ensuite shower room, further bedroom and a bathroom.
There is a private covered parking space with gated access and the property is being sold with no upper chain.
Just round the corner from Queens Road with all its boutique shops, and restaurants and close to Leicester City Centre and train Station.
Hallway Front door, entry phone, electric wall mounted heater, two built in cupboards.
Lounge (6.50 x 3.52 (21'3" x 11'6")) Two wall mounted electric heaters, double glazed doors opening out onto balcony. Other Aspect Balcony (2.61 x 0.72 (8'6" x 2'4")) Front facing, with park views.
Open Plan Kitchen (2.89 x 2.48 (9'5" x 8'1")) Fitted units with worktops with tiled splash backs, sink with drainer, electric hob oven and extractor, integrated fridge freezer, dishwasher and washing machine, spot lights.
Other Aspect Bedroom One (3.70 x 2.69 (12'1" x 8'9")) Fitted wardrobe, wall mounted electric heater, double glazed window to front aspect.
Ensuite Shower Room (1.73 x 1.66 (5'8" x 5'5")) Shower cubicle with mains shower, low level W/C, vanity unit, heated towel rail, spot lights, tiled walls.
Bedroom Two (3.69 x 2.29 (12'1" x 7'6")) Wall mounted electric heater, double glazed window to front aspect.
Bathroom (2.07 x 1.72 (6'9" x 5'7")) Bath with mains shower, low level W/C, vanity unit, heated towel rail, spot lights, tiled walls.
Lease Management Company - First Port Length of Lease - 125 Years from 01/01/2003 ( 102 Years Remaining ). Service Charges - £1.297.01 Half Yearly. Ground Rent - £100 Per Annum.
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 -5pm Saturday 9am - 4pm Aml Disclaimer In accordance with current Anti-Money Laundering and Proceeds of Crime Legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf of Moverly, our approved aml provider. A £50 fee (incl. Vat) covers required data and any manual checks.
This must be paid before we can issue a memorandum of sale. The fee is non-refundable and paid directly to Moverly. We receive a portion of this fee for facilitating the checks
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 Flat 20, The Laurels, Knighton Park Road, Leicester
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