Modern Method of Auction
Auction date not yet published
1-bedroom house · LE16 7YH
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary With just 58 apartments, Elizabeth Place fosters a genuine sense of community. Every detail has been considered to support independent living with the reassurance of help when needed.
Security features include a camera entry system, intruder alarms, and a 24-hour emergency call line, ensuring you always feel safe and supported.
The development is just one mile from Market Harborough's vibrant town centre, home to cafs, restaurants, shops, a post office, banks, and a bustling market square.
A bus stop just 0.2 miles away makes getting around simple and stress-free.
Step inside and enjoy this south-facing apartment with a walk-out balcony overlooking the landscaped gardens, perfect for a morning coffee or relaxing on a warm evening.
The modern kitchen is fully equipped with integrated appliances for move-in ease. The bedroom is a good sized double benefiting from a walk-in wardrobe for smart and easy storage.
Finally the contemporary wet room is spacious and includes high quality fittings. On site all residents benefit from the Estate Manager and 24-hour staff for complete peace of mind.
The Bistro Restaurant provides freshly prepared meals and the welcoming communal lounge hosts regular social events to get involved in.
Have friends & family visiting - no problem, they can stay in the guest suite making the most of their stay.
The landscaped gardens offer a peaceful and tranquil spot to enjoy with neighbours or guests.
With the Town Centre just a five minute bus ride away on the number 33 bus you can access all local amenities. There's plenty for everyone including weekly markets and twice monthly farmers markets.
Service Charge (Breakdown) - Onsite Estate Manager and team - 24-hour emergency call system - Cleaning of communal windows - Water rates for communal areas and apartments - Electricity, heating, lighting and power to communal areas - Upkeep of gardens and grounds - Repairs and maintenance to the interior and exterior communal areas - Contingency fund including internal and external redecoration of communal areas - Buildings insurance The service charge does not cover external costs such as your Council Tax, electricity or TV.
Annual Service Charge 9,356.18 for financial year ending 28/2/2026.
Lease Information - Lease Length: 999 years from Jan 2019 Ground Rent: 435 per annum Ground rent review date: Jan 2034 Moving Made Easy & Additional Services - Ultrafast Full Fibre Broadband available - Mains water and electricity - Electric room heating - Mains drainage For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: B Tenure: Leasehold Length of Lease: 992 Annual Ground Rent Amount: 435.00 Annual Service Charge Amount: 9,356.00 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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.
Area
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FAQ
About Apartment 44 Elizabeth Place, 2 Trimbush Way, Market Harborough
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