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See how verdicts work2-bedroom flat · LE17 4NL
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"This well presented first floor apartment situated within close proximity of the town centre and nearby local amenities is offered for sale with the benefit of 'No Upward Chain.' The spacious accommodation comprises an entrance hall, open plan kitchen, lounge/dining room, two bedrooms and a shower room.
The property also benefits from uPVC double glazing, gas central heating, an allocated parking space, communal garden and intercom entry system." Entrance Hall Entrance door, Velux rooflight, storage cupboard, radiator, communicating doors.
Open Plan Kitchen, Lounge/Dining Room 4.95m (16'3") x 4.47m (14'8") Kitchen Area Fitted with a range of wall and base level units, work surfaces over, sink unit with mixer tap, tiling to water sensitive areas, gas hob with chimney style extractor hood over, built in electric oven, appliance spaces for washing machine, and fridge freezer, wall mounted gas central heating combination boiler, uPVC double glazed window to front aspect.
Lounge/Dining Area uPVC double glazed window to front aspect, radiator. Bedroom One 3.60m (11'10") x 3.20m (10'6") max Velux rooflight, radiator.
Bedroom Two 4.31m (14'2") x 1.99m (6'6") max uPVC double glazed window to front aspect, radiator.
Shower Room Fitted white suite comprising low level flush w.c., pedestal wash hand basin, walk in shower, tiling to water sensitive areas, extractor fan, radiator.
Garden There is one allocated parking space to the front of the property and a communal garden. There is also a bin storage area and bike shed.
Miscellaneous Harborough District Council Council Tax Band B £1,899.36 Please be aware that there is annual contribution for electricity, insurance, grounds maintenance and management fee of approximately £720.00 payable to Aspects (Coventry) Ltd.
Please confirm with your solicitor for full terms and conditions. The property is leasehold and was granted a lease of 999 years from August 2007.
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 Central Avenue, Lutterworth, LE17
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