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See how verdicts work2-bedroom flat · LE2 5QQ
No longer listedReduced £10k (−6.7%) on 21 JunListed 434 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with No Upward Chain, this two bedroom first floor flat is situated within Hermitage Court in Oadby.
The accommodation includes an entrance hall leading to an open plan living kitchen, two bedrooms with the principal bedroom having en-suite and a bathroom.
Outside enjoys gated communal grounds and communal parking. A perfect investment opportunity or first time purchase.
The property is ideally situated for Oadby’s highly regarded schools and benefits from nearby bus links into Leicester City Centre, with its professional quarters and train station.
A wide range of amenities are available along The Parade in Oadby Town Centre, including three mainstream supermarkets.
Leisure and recreational facilities such as Leicester Racecourse, the University of Leicester Botanic Gardens, Parklands Leisure Centre, and Glen Gorse Golf Club are also close by.
EPC Rating: B Entrance Hall With two storage cupboards, radiator.
Open Plan Living Kitchen (6.45m x 4.23m) With double glazed French doors to the side and rear elevations leading to Juliet balconies, double glazed window to the rear elevation, part carpet floor, part laminate floor, wall and base units with work surface over, sink and drainer, integrated oven and hob, extractor hood, integrated dishwasher, plumbing for washing machine, part tiled walls, two radiators.
Bedroom One (3.32m x 2.64m) With double glazed window to the side elevation, carpet floor, storage cupboard, radiator.
En-Suite (2.03m x 1.54m) With tiled floor, part tiled walls, shower cubicle, low-level WC, wash hand basin, ladder towel rail/radiator. Bedroom Two (3.14m x 2.70m) Measurement into wardrobes.
With double glazed window to the side elevation, fitted wardrobes, carpet floor, radiator.
Bathroom (2.19m x 1.92m) With tiled floor, part tiled walls, bath, wash hand basin, low-level WC, ladder towel rail/radiator. Garden Ff Parking - Off Street Communal and visitors parking.
Disclaimer Measurements are taken electronically and are for guidance only - not to be relied upon as exact. Services, appliances, and fittings have not been tested.
Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only. Knightsbridge Estate Agents make no warranties regarding the property.
By law, we must carry out anti-money laundering checks for buyers and sellers.
These are handled on our behalf by Lifetime Legal, who will contact you once you instruct us to sell or have an offer accepted. A £70 fee (incl. VAT) covers required data and any manual checks.
This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal.
We receive a portion of this fee for facilitating the checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 29, Hermitage Court, Leicester
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