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See how verdicts work1-bedroom flat · LE2 2PY
For saleReduced £15k (−13.6%) on 26 JunListed 649 days
Opportunity summary
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About
A fantastic opportunity to acquire this spacious one bedroom ground floor apartment situated within the highly regarded Hendon Grange Development on London Road, Stoneygate, Leicester.
The property would ideally suit a buyer looking to downsize. The flat benefits from having direct access to the garden and also internal access to the complex.
The property comprises of lounge/diner, kitchen, double bedroom with en-suite shower room added by the current owner, additional bathroom and hallway with storage.
The property is fully double glazed and has electric heating throughout. Hendon Grange, built in 1989, comprises a diverse range of bungalows, apartments, and houses.
The maintenance of the grounds, parking areas, and communal facilities is overseen through the service charge.
The property benefits from on-site management during standard business hours and an emergency Call System equipped with pull cords placed strategically throughout the premises.
The development is strictly over 55s and is incredibly well maintained and offers a variety of facilities. There is a large communal lounge where they hold various activities.
Additionally, the property features guest suite, hairdressing salon and a communal laundry room. A designated car park for both residents and visitors.
Information Tenure Leasehold Lease Length: 125 years from 1989 Service Charge: £3,397.75 for 1/10/24 to 30/9/25 paid by dd £283.22 per month Ground Rent: £216 a year Council Tax Band: C Leicester City Council EPC Rating 64 D Broadband availability- standard Download Speed 18 mbps Offered for sale with no chain.
Free Property Valuation Thinking of selling? We would be delighted to provide you with a free market appraisal of your property.
Contact Focus Property to arrange an appointment: Tel: Or follow the link Location Convenient location.
Distances: Bus stop 50 yards; shop 2 mile(s); post office 2 mile(s); town centre 2 mile(s); gp 2 mile(s); social centre 2 mile(s Entrance Hallway The hallway can be accessed via the corridor internally of the building and there is a large storage cupboard, which also houses the hot water tank.
Doors to the rooms and also a storage heater. Lounge A bright room ideally situated with its own access to the communal garden. Outside there is a paved area leading to a well-maintained lawn.
The room features generous dimensions, feature fireplace surround and a storage heater. Opening to the kitchen.
Kitchen The kitchen has a linoleum flooring and wooden base and eyelevel units with rolled edge work surfaces and tiled splashbacks.
There is an inset single drainer, stainless steel sink unit with hot and cold taps. There is a built-in electric oven. Space for a washing machine and tall standing fridge/freezer.
UPVC double glazed window. Bedroom This spacious double bedroom features a UPVC double glazed window on the side elevation and includes a built-in wardrobe and storage heater.
Door to the en-suite shower room. En-Suite Shower Room Walk in shower with mixer shower and fold down seat, pedestal wash hand basin set in a vanity unit, low level W/C, heated towel rail.
Bathroom The bathroom features full tiling and ample space, equipped with a bath including a grab rail and a shower overhead. It also includes a wash hand basin and a low-level WC.
Communal Garden The property boasts well-maintained communal grounds. Parking - Off Street The development provides dedicated parking facilities for both residents and visitors.
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
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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 48 Hendon Grange, Leicester
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