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See how verdicts work2-bedroom flat · LE2 5DA
For saleReduced £5k (−3.8%) on 21 JunListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Oadby Estates are pleased to present to the market this well-presented two-bedroom first floor apartment, located within the sought-after Albion Court development - an exclusive and peaceful complex for the over 60s, situated in the heart of Oadby.
Offered with no onward chain, the property offers spacious and comfortable living accommodation with the benefit of allocated parking, private entrance and access to beautifully maintained communal gardens.
Internally, the accommodation comprises of a bright and airy lounge with a lovely bay window to the front communal gardens and includes a characterful box bay and a feature fireplace.
There is a separate fitted kitchen complete with hob, wall & base units and space for further appliances. There are two well-proportioned bedrooms, the principal with fitted wardrobes.
Externally, the property benefits from allocated parking, a private lockable storage cupboard and access to attractive communal gardens - ideal for those looking to enjoy outdoor space without the maintenance.
Located just a short walk from The Parade, supermarkets and excellent transport links, this apartment offers a rare opportunity to join a well-regarded retirement community in a prime Oadby location.
The Oadby Parade has also got great access for medical care including several pharmacies, doctors' surgery and the nhs walk in centre.
To Note: The property is leasehold with a lease of 125 year from 31 December 1986 (Approx 86 years left on the lease). Monthly service charge £84.05 Restrictions on purchaser is 60 years of age.
Viewing is highly recommended.
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 45, Albion Court, Albion Street, Leicester
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