2-bedroom flat · LE2 7AZ
For saleListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Affitto Estate Agents are proud to offer to the market this TWO BEDROOM EXECUTIVE APARTMENT in the popular yet quiet residential estate of Freemans Meadow in Leicester.
The property is situated on the third floor of a secure, well-maintained residential block, offering peace of mind and a well-kept communal environment.
Upon entry, you are welcomed into a spacious entrance reception area that provides an excellent first impression.
To the left is a large storage cupboard, ideal for additional household storage and housing the boiler and water tank, helping to keep the living space uncluttered.
The main bathroom is stylish and well appointed, featuring a full-size bathtub with an overhead shower.
The shower benefits from strong water pressure, powered by the Megaflo water system, making it both practical and comfortable for everyday use.
The main bedroom is a generously sized double, flooded with natural light from large windows.
It is fully furnished and includes a large built-in wardrobe, offering ample storage while maintaining a bright and airy feel.
The second double bedroom is equally impressive, featuring a striking floor-to-ceiling glass wall that enhances the sense of space and light.
This room provides direct access to the patio area, is fully furnished, includes a large built-in wardrobe, and benefits from a modern en-suite shower room.
The lounge is spacious and inviting, designed in an open-plan layout with the kitchen and dining area.
Large windows and a sliding door to the balcony allow for plenty of natural light, creating a bright and comfortable living and entertaining space.
The kitchen is modern and tastefully finished, with ample cupboard and worktop space. It comes fully equipped with integrated white goods, making it both functional and visually appealing.
The apartment is fully furnished throughout to a high standard, with tasteful finishes and furnishings that complement the space.
It is ready to move into immediately, providing everything required for comfortable living.
Further benefits include a secure, covered allocated parking space, along with ample additional parking available outside the building.
Tenure: Leasehold (131 years) Ground Rent: £250 per year Service Charge: £3,500 per year
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
Agent & docs
FAQ
About Watkin Road, Freemans Meadow, Leicester
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