2-bedroom flat · LE4 9AH
Listing removedReduced £20 (−2.2%) on 18 AugListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment is situated to the rear of the developement.
On entering the property you are greeted into a light and airy entrance hall with a separate large cupboard which is perfect for storing a hoover, shoes, ironing board etc.
There are two proper bedrooms with large windows, letting in alot of light.
The modern bathroom has a white suite with the extra luxury of a gas central heated towel rail, there is also a shower over the bath.
The large open plan living room is situated to the end of the hallway . The lounge is light and airy and has french doors leading to a juliette balcony.
The kitchen has intergrated appliances and are fitted to the highest standards. The apartment has neutral decor throughout and would not need alot of furniture to make this a home.
There is an allocated parking space, however ample visiting parking to the front of the development.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Onyx Crescent, Thurmaston, Leicester
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