1-bedroom flat · LE3 0PE
For saleListed 1630 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A considerably large and well-presented 1 bedroom flat on Narborough Road with a lounge, kitchen including fridge/freezer and plumbing for washing machine, good sized double bedroom and bathroom.
The property is in a very popular location with easy access to the city centre and motorway. The property is Perfect for single or couple who are looking for a great apartment.
Lounge/diner Large open plan lounge/dining area which is carpeted throughout and has a large window to the front aspect.
Kitchen Separate fitted kitchen comprising of electric cooker & hob, fridge/freezer and plumbing for washing machine.
Bedroom Spacious and airy double bedroom which is carpeted throughout with large windows that flood the room with light. Bathroom Tiled bathroom comprising of w/c, wash basin and shower cubicle.
Outside Property benefits from access to communal gardens. Currently tenanted with a rental income of £550 per calendar month making it an ideal opportunity for investors.
Lease remaining 125 years from 1st January 2004. Ground Rent is £50 per annum The Service Charge for the current year is £1,349.60 EPC rating: E.
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.
Area
Agent & docs
FAQ
About 4, 195, Narborough Road, Leicester
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