2-bedroom flat · LE4 2BT
For saleReduced £5k (−2.9%) on 21 AugListed 466 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***offered for sale with no upward chain*** Spencers are pleased to present this modern, two bedroom, ground floor apartment to the market.
Situated within the sought after LE4 area of Leicester with fantastic access into the city centre the home is conveniently located for a plethora of supermarkets, shops, eateries and other local amenities.
It is an ideal location for commuters with easy access to the A46 and M1 for those travelling further afield.
Entrance Hall – Accessed via front entrance door, with door to; Open Plan Living Room – Having a range of wall and base units, electric hob, oven, space for further appliances, sink with drainer, radiator, uPVC double glazed window and French doors providing access to the balcony.
Bedroom Two – uPVC double glazed window and a radiator. Bedroom One - uPVC double glazed windows and a radiator.
Bathroom – Panelled bath with shower over, hand wash basin, W.C, heated towel rail and a uPVC double glazed window. The property benefits from allocated off road parking.
Lease Information: 997 Years Remaining Service Charge: £2,127 per annum
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
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FAQ
About Flat 2, 1, Round Meadow Road, Leicestershire
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