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See how verdicts work2-bedroom flat · LE3 9QB
For saleListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor apartment offers spacious accommodation, making it an ideal purchase for first-time buyers, professionals, downsizers or buy-to-let investors.
The property benefits from allocated parking, well-kept communal areas and a convenient location close to Leicester City Centre and excellent transport links.
The accommodation comprises a communal entrance hall with a lift and stairs, entrance hall, a bright and spacious lounge open to a dining area, and a modern fitted kitchen complete with a range of integrated appliances, a master bedroom which benefits from an en-suite bathroom, and a separate shower room.
Externally, well maintained communal gardens with secure and gated allocated parking to the rear of the apartment block.
Location This property is located on the main A50 Groby Road and benefits from a wide range of local amenities which are within easy reach.
The property is situated within walking distance to Glenfield Hospital, and within a 10 minute drive to Leicester City Centre.
The property is also positioned within easy access to the M69/M1 corridor.
Description This well-presented ground floor apartment offers spacious accommodation, making it an ideal purchase for first-time buyers, professionals, downsizers or buy-to-let investors.
The property benefits from allocated parking, well-kept communal areas and a convenient location close to Leicester City Centre and excellent transport links.
The accommodation comprises a communal entrance hall with a lift and stairs, entrance hall, a bright and spacious lounge open to a dining area, and a modern fitted kitchen complete with a range of integrated appliances, a master bedroom which benefits from an en-suite bathroom, and a separate shower room.
Externally, well maintained communal gardens with secure and gated allocated parking to the rear of the apartment block.
Accommodation All measurements are approximate: Entrance Hall Front apartment door, electric radiator, intercom entry system, light fittings.
Airing Cupboard Lounge 18' 5'' x 10' 5'' (5.61m x 3.17m) Double glazed window to front, electric radiator, power points, light fitting. Open to: dining area.
Dining Area 10' 1'' x 6' 8'' (3.07m x 2.03m) Power points, light fitting.
Kitchen 10' 2'' x 6' 8'' (3.10m x 2.03m) Double glazed window to front, a range of wall mounted units, base units and drawers, stainless steel sink with mixer tap, four burner induction hob with extractor fan over, electric oven, integrated fridge/freezer, dishwasher, washing machine, tile splashback surrounds, electric radiator, power points, light fitting.
Master Bedroom 13' 10'' x 9' 5'' (4.21m x 2.87m) Double glazed window to front, electric radiator, wardrobes, power points, light fittings, door to en-suite bathroom.
En-suite Bathroom 5' 4'' x 5' 2'' (1.62m x 1.57m) Panelled bath with tile splashback surrounds, low level WC, pedestal wash hand basin with tile splashback surrounds, light fitting.
Bedroom Two 13' 11'' x 6' 1'' (4.24m x 1.85m) Double glazed window to front, electric radiator, power points, light fitting.
Shower Room 5' 4'' x 5' 4'' (1.62m x 1.62m) Shower cubicle, low level WC, pedestal wash hand basin with tile splashback surrounds, light fitting.
Outside Well maintained communal gardens with secure and gated allocated parking to the rear of the apartment block. Agents Note These photos have been enhanced by AI.
Tenure Leasehold. We have been advised that there is a 999-year lease from 01.04.2004 with 977 years remaining, a service charge of £1,710.96 per annum and ground rent of £100.00 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 Blaby District Council.
Viewings Kal Sangra , Shonki Brothers Ltd 85 Granby Street, Leicester, LE1 6FB Tel: Email:
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Groby Road, Leicester
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