2-bedroom flat · LE17 4SS
Listing removedListed 145 days · slow let
Opportunity summary
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About
Brown and Cockerill Lettings are delighted to offer to let this well presented two bedroom first floor apartment located in the popular location of Lutterworth.
The property is located above the Waves chip shop. Access and parking is to the rear of the property. Entrance into communal entrance with stairs rising to the first floor apartment entrance.
Open plan fitted kitchen with appliances, lounge/diner. Inner hall leading to a family bathroom with a shower over and two double bedrooms.
The property benefits from double glazing and newly fitted central heating. One space for car parking to the rear. Available Now - Unfurnished.
Communal Entrance Open Plan Lounge / Dining / Kitchen Bedroom One Bedroom Two Bathroom Outside General Information Tenancy: References will be required and a sole (or joint) income of £22,500 is the minimum required to fulfil part of our financial referencing checks.
Rent: £750 per month exclusive of rates and outgoings. As well as paying the rent, you may also be required to make the following permitted payments (incl.
VAT) Holding deposit: equivalent to one weeks rent Security deposit equivalent to 5 weeks rent (6 weeks if the annual rent is £50,000 or over) Utilities / Default charges: Replacement keys and other security devices - charged at cost of the key(s) and other security device(s) replacement(s) Rent arrears - 3% above the Bank of England base rate Other possible charges: Notation of contract (where a tenancy is ended in place of another one following a change of tenant) - £50 Variation of contract (for example, change of rent date) - £50 Change of sharer - £50 per tenant Surrender of tenancy - tenant liable to pay the rent for t...
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Linden Drive, Lutterworth, LE17
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