2-bedroom flat · LE3 8HP
For saleListed 97 days
Opportunity summary
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About
A superbly presented ground floor apartment situated in this sought after development with gated parking, long 999 year lease and well placed for excellent shopping, Glenfield hospital, bus routes to city and major road links via A50, A46 & M1/M69.
These properties are popular with a range of buyers and ground floor apartments rarely come available.
The good sized accommodation with new Fischer ultra-efficient electric heating and UPVC double glazing comprises of hall, 14' lounge with views up the drive, fitted dining kitchen incl oven/hob, fridge, 2 bedrooms, en-suite shower room & bathroom.
Well kept communal gardens, nearby nature reserve. Early viewing highly recommended! Leasehold.
Council Tax Band D Entrance Hall - The apartment is accessed via a central communal hallway with door release system.
Once entering the central hall, the apartment is the first door on the right hand side.
The timber composite entrance door leads into the L-shaped entrance hall, fitted carpet, new Fischer ultra-efficient electric heater, large storage/airing cupboard housing hot water cylinder system.
Lounge - 4.34m x 4.17m (14'2" x 13'8") - A generously sized living room with views down the driveway from Gynsill Lane to the apartment block.
UPVC double glazed window to front, fitted carpet, new Fischer ultra-efficient electric heater.
Kitchen-Diner - 3.91m x 3.56m (12'9" x 11'8" ) - A well equipped fitted kitchen with ample space for a table and chairs.
UPVC double glazed window to front, new Fischer ultra-efficient electric heater, recessed spotlights to ceiling.
The kitchen is fitted with a range of modern base, drawer and eye-level units, work surfaces, one-and-a-half bowl stainless steel sink unit with mixer taps, brandn ne w appliances to include stainless steel electric oven, ceramic hob, extractor hood, integrated fridge.
Bedroom One - 4.06m x 3.61m (13'3" x 11'10") - UPVC double glazed window to rear, fitted carpet, new Fischer ultra-efficient electric heater, a wealth of storage is provided by the built-in wardrobes.
En-Suite Shower Room - Fitted with a modern suite comprising of shower enclosure with electric shower, pedestal wash hand basin, wc, electric wall heater, chrome electric towel rail, half-tiled walls.
Bedroom Two - 3.81m x 3.05m (12'5" x 10'0" ) - UPVC double glazed window to rear, fitted carpet, new Fischer ultra-efficient electric heater.
Bathroom - 2.54m x 2.49m (8'3" x 8'2" ) - A spacious bathroom with modern white suite. Panelled bath, pedestal wash hand basin, wc, electric wall heater, electric heated towel rail.
Outside - Gynsills Hall is set within extensive communal gardens which are maintained by the management contract. There are extensive lawns, mature trees and hedges/shrubs.
The parking area is secured by electric gates and parking spaces are allocated by numbered spaces. There are a number of spaces available for guests.
Glenfield - Glenfield is a popular large village 5 miles to the West of Leicester city centre with a population of approx 9,500.
There are two well regarded primary schools, three pubs, St Peters church and a range of local shopping facilities including a relatively new Morrison's store on Station Road.
There is nearby open countryside including Bradgate Park and Gynsills conservation area. There is easy access to M1, A46 & A50 main routes.
Glenfield General Hospital & Leics County Council are two large employers.
Glenfield is mentioned in the Domesday book of 1086 and is also famous for its now defunct railway tunnel built by Stevenson and once the longest in the world.
Regular bus services into Leicester serve the village and Leicester train station is approx 5 miles away.
Local Authority & Council Tax Info (Blaby) - This property falls within Blaby District Council (blaby.gov.uk) It has a Council Tax Band of D which means a charge of £2452.38 for tax year ending March 2027 Please note: When a property changes ownership local authorities do reserve the right to re-calculate council tax bands.
For more information regarding school catchment areas please go to Leasehold Information - The agents understand that the lease of 999 years started in 2001 The most recent Service Charge Expenditure (1/4/23 - 31/3/24) came to £1,623.94 paid in 2 half-yearly charges of £811.97.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Stelle Way, Glenfield, Leicester
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