2-bedroom flat · LE11 1GJ
Let agreedReduced £50 (−3.4%) on 10 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Gate development offers hotel living and benefits from a multi purpose gym with large free weights area, luxury swimming pool and on-site concierge.
The development itself offers a unique design with a semi industrial tone. The apartment offers high ceilings and exposed brickwork.
The apartment briefly comprises; large spacious hallway with storage cupboards and access to alarm system and intercom system, master bedroom with en-suite, further second double size bedroom, further family size bathroom suite and access to the living space with kitchen.
All kitchens include, fridge, freezer, washing machine/tumble dryer, oven/separate grill, extractor and electric induction hob.
The kitchen specification is very high, with Bosch appliances and Quartz work tops. Allocated parking is also included within a secure car parking complex. This apartment is to be let furnished.
The apartment is situated ideally to Loughborough train station which is only a short walk away.
The Gate also offers easy access to Loughborough town centre where a large range of facilities and amenities are available. Apartments to this high standard do not come onto the market often!
You won't want to miss out, so call us today. ***no deposit option for tenants, greater protection for landlords*** EPC Rating: B. Council Tax Band: C . Rent excludes all utilities.
The tenancy deposit and any other permitted payments. Deposit payable is £1673.07. Or this property is available with our No Deposit Option.
A Holding Deposit of £334.61 based on the advertised rent, is required to reserve this property.
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
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FAQ
About 3, The Gate, Falcon Street
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