2-bedroom flat · LE65 1UR
Listing removedListed 247 days
Opportunity summary
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About
SPACIOUS FIRST FLOOR APARTMENT - TOWN CENTRE LOCATION * A stylish and contemporary two-bedroomed executive-style first floor apartment in this popular development close to the town centre.
Benefiting from UPVC double glazing and gas central heating.
Comprising: entrance door with security entry system, entrance hall, good-sized lounge, kitchen, master bedroom with en-suite shower, a generous second bedroom and a bathroom.
Externally, there is allocated parking for two cars. The property is offered to the market with no upward chain! Viewing essential. EPC rating: C.
Tenure: Leasehold, ASHBY - The Location The ancient, historic market town of Ashby (with its famous 15th century castle) almost certainly dates back to Roman times.
Later, in the early 19th century, it became a spa town.
Many of the Georgian style buildings that you now see were built to accomm ACCOMMODATION IN DETAIL ENTRANCE HALLWAY Loft access hatch, a door opening to cloak cupboard with hanging rail shelving above and a central heating radiator.
Intercom system, thermostat with doors leading off to the lounge, fitted kitchen, bathroom and two good sized bedrooms LOUNGE 4.01m x 3.62m (13'2" x 11'11") 4.01x3.62 A feature electric fireplace with a pebble grate, a marble hearth with matching inset and timber surround.
TV/satellite/telephone points, central heating radiator, a coved ceiling and a Upvc double glazed window to the front.
FITTED KITCHEN 2.85m x 2.17m (9'4" x 7'1") 2.85x2.17 Fitted with a range of wall mounted units with matching base and drawer units contrasting roll edged worktops with a inset 1 1/2 bowl sink with matching drainer and mixer tap over a four ring Hotpoint gas burner with oven/grill below and extractor fan over.
BEDROOM ONE 4.32m x 2.93m (14'2" x 9'7") 4.32x2.93 A good size double bedroom with a fitted wardrobe with hanging rail and shelving, a TV and telephone point, a central heating radiator and a Juliet balcony with UPVC double glazed French doors overlooking the rear.
A door leading to the EN-SUITE SHOWER ROOM 2.71m x 1.17m (8'11" x 3'10") 2.71x1.17 A three-piece suite comprising: a pedestal mounted hand wash basin with mixer tap, a dual flush toilet and a double shower cubicle glazed shower screen, a mains fed hydro max shower.
Tiled splashbacks, an extractor fan, a central heating radiator and an opaque window.
BEDROOM TWO 2.78m x 2.7m (9'1" x 8'10") 2.78x2.70 Fitted storage with hanging rail and shelving, a TV point and telephone point, central heating radiator and a UPVC double glaze window to the rear elevation BATHROOM 2.85m x 1.64m (9'4" x 5'5") 2.85x1.64 A generous three-piece bathroom with a panelled bath with mixer tap and hydro max mains fed shower over, a glazed shower screen, pedestal mounted hand wash basin and a dual flush toilet.
Fully tiled splashbacks, central heating radiator, an extractor fan OUTSIDE OFF-ROAD PARKING Allocated parking to the rear for two cars LEASEHOLD Leasehold:- : Lease 125 years from 1st January 2005.
Annual service charge for 2026 is £2,158.62.
The vendor has already paid the first 6 months to end June 2026 (£1,079.31) Annual Ground Rent £125 COUNCIL TAX BAND: The property is believed to be in council tax band: B HOW TO GET THERE SAT NAV:- LE65 1UR PLEASE NOTE: SERVICES: All mains are connected.
The services, systems and appliances listed in this specification have not been tested by Newton Fallowell and no guarantee as to their operating ability or their efficiency can be given.
MEASUREMENTS: Please note that r
Value & comps
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Returns
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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.
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