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See how verdicts work2-bedroom flat · LE5 0TL
For saleListed 18 days
Opportunity summary
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About
A spacious and bright, 2-bedroom second floor apartment of approximately 1,055 sqft, situated within a charming Grade II listed building.
The apartment briefly comprises; a welcoming entrance hall, spacious lounge with dual aspect windows, an inner hallway with access to a well-appointed kitchen and airing cupboard with storage, 2 bedrooms and a bathroom.
Externally, beautifully kept communal gardens and ample resident parking.
Location This apartment is located on Grosvenor Gate, which is off Gipsy Lane and near to Victoria Road East, in the area of Humberstone.
Humberstone benefits from an array of everyday amenities including Humberstone Medical Centre, local schooling such as Falcons Primary School, dental practices, eateries, recreational facilities and much more.
Description A spacious and bright, 2-bedroom second floor apartment of approximately 1,055 sqft, situated within a charming Grade II listed building.
The apartment briefly comprises; a welcoming entrance hall, spacious lounge with dual aspect windows, an inner hallway with access to a well-appointed kitchen and airing cupboard with storage, 2 bedrooms and a bathroom.
Externally, beautifully kept communal gardens and ample resident parking.
Accommodation All measurements are approximate: Entrance Hall 8' 8'' x 4' 9'' (2.64m x 1.45m) Hallway 11' 3'' x 4' 9'' (3.43m x 1.45m) Lounge Dual aspect windows, electric radiator, power points, pendant light fitting.
Lounge 13' 8'' x 15' 4'' (4.16m x 4.67m) Dual aspect windows, electric radiator, power points, pendant light fitting.
Inner Hallway 12' 0'' x 5' 1'' (3.65m x 1.55m) With access to the kitchen and airing cupboard.
Kitchen 12' 9'' x 10' 2'' (3.88m x 3.10m) Bay window, wall mounted units, base units and drawers, four burner induction hob with extractor fan over and stainless steel splashback surrounds, stainless steel sink with hot and cold mixer tap, integrated fridge freezer, washing machine, electric oven, electric radiator, power points, pendant light fitting.
Bedroom One 11' 3'' x 10' 8'' (3.43m x 3.25m) Window to side, electric radiator, power points, pendant light fitting.
Bedroom Two 11' 9'' x 10' 8'' (3.58m x 3.25m) Window to side, electric radiator, power points, pendant light fitting.
Bathroom 8' 8'' x 7' 5'' (2.64m x 2.26m) Window to side, panelled with with mixer tap, shower over and tile splashback surrounds, low level WC, pedestal wash hand basin with tile splashback surrounds, wall mounted mirror, pendant light fitting.
Airing Cupboard 7' 3'' x 5' 1'' (2.21m x 1.55m) Airing cupboard with shelving, door to cupboard housing boiler, pendant light fittings.
Outside Beautifully kept communal gardens and resident parking. Agents Note These photos have been enhanced by AI. Tenure Leasehold.
We have been advised that there is a 125-year lease from 01/07/2005 with 104 years remaining, a service charge of approximately £1,600 per annum and a ground rent of £100 per annum.
Council Tax The property falls within Band C. Services The services, fittings and appliances (if any) have not been tested by the agents. Local Authority Leicester City Council.
Viewings Kal Sangra, Shonki Brothers Ltd 85 Granby Street, Leicester LE1 6FB Tel: Email:
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Grovenor Gate, Humberstone
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