2-bedroom flat · LE2 7HZ
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A beautifully presented second-floor two-bedroom apartment, ideally positioned within the prestigious Freemans Meadow development.
Offering stylish and spacious accommodation throughout, this property is perfectly suited to first-time buyers, investors or those seeking a convenient city base.
The property boasts two double bedrooms, two bathrooms, a fitted kitchen, a designated parking space, and a private balcony accessed from the lounge.
The apartment is ideally located for easy access to Braunstone Gate, renowned for its fashionable bars, restaurants and bistros, whilst Leicester Royal Infirmary, De Montfort University, Leicester City Football Club and Leicester city centre are all within easy reach.
Excellent transport links also provide convenient access to the motorway network. The complex has a nice foyer with lift to all floors and access to the parking. Viewing highly recommended.
Contact us today for more details or to arrange a viewing!
Council Tax Band: D Leicester City Council Tenure: Leasehold Lease: 155 years from 1 January 2003 Ground Rent: £250 Current Service Charge: £288/month EPC rating; tbc Broadband speed: Fiber to the premeces 150 Mbps Premier Estates ltd Location The apartment is located in a convenient residential area of Leicester, close to the city centre and within easy reach of major educational and healthcare facilities.
The property is particularly well positioned for students and professionals, with the University of Leicester and De Montfort University both nearby.
Hallway Upon entering, the property offers a welcoming entrance hallway with useful storage cupboards, intercom system and thermostat controls.
Lounge/Diner The impressive L-shaped lounge/diner provides an excellent entertaining and living space, featuring inset ceiling spotlights, two central heating radiators and double-glazed patio doors opening onto a private decked balcony.
Kitchen The separate fitted kitchen is finished with contemporary light beech-effect units, matching work surfaces and a range of integrated appliances including double oven, gas hob with extractor, fridge/freezer, washing machine and dishwasher.
The kitchen is complemented by a tiled floor and inset spotlights.
Bedroom One Bedroom one is a generous double bedroom with fitted power points, TV connection and double-glazed window, further benefiting from a modern en-suite shower room.
En-Suite Shower Room En-suite shower room with shower cubicle, WC and wash hand basin.
Bedroom Two Bedroom two is also a well-proportioned double bedroom with double-glazed window, central heating and power points.
Bathroom The accommodation is completed by a stylish family bathroom, fitted with a three-piece white suite comprising bath with shower over, WC and wash hand basin, together with tiled flooring, heated towel rail and inset spotlights.
Balcony The lat featuring a private decked balcony, offering the perfect outdoor space to relax, enjoy your morning coffee, or unwind after a long day.
Parking - Allocated Parking Secure underground covered parking and additional off-road parking for residents and guests.
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.
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FAQ
About Apt 17, 61 Watkin Road, Leicester
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