2-bedroom flat · LE2 5DA
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no upward chain , this two-bedroom first-floor retirement flat for the over 55s is ideally positioned within a highly popular Oadby location , conveniently close to Oadby town centre and its excellent range of shops and amenities.
The property offers well-proportioned accommodation including a spacious lounge, fitted kitchen, two bedrooms and bathroom.
Whilst generally tidy and well maintained, the property would benefit from some cosmetic updating, providing an excellent opportunity for the new owner to put their own stamp on it.
Further benefits include allocated parking and a convenient, established residential setting.ll home.
EPC Rating: C Hall The property is entered via the main entrance hall, with the front door providing access into the home and stairs leading down to the first-floor accommodation.
The hallway provides access through to the principal rooms. Lounge (4.71m x 3.73m) A good-sized main bedroom featuring a double-glazed window, radiator and carpeted flooring.
The room also benefits from a range of fitted wardrobes, providing excellent built-in storage.
Kitchen (2.49m x 2.32m) The kitchen is fitted with a range of wall and base units providing useful storage and preparation space.
There is plumbing and space for both a washing machine and dishwasher, together with space for a fridge freezer.
Further features include an integrated oven with hob and extractor over, double-glazed window to the side and wall-mounted boiler.
Bedroom 1 (3.54m x 3.05m) A good-sized main bedroom featuring a double-glazed window, radiator and carpeted flooring.
The room also benefits from a range of fitted wardrobes, providing excellent built-in storage.
Bedroom 2 (3.49m x 2.24m) A versatile second bedroom with a double-glazed window, radiator and carpeted flooring. A range of fitted wardrobes provides useful storage space.
Bathroom (2.35m x 2.32m) A spacious bathroom comprising a three-piece suite, with an opaque double-glazed window to the side providing natural light and privacy.
There is also a useful airing cupboard positioned adjacent to the bath.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
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.
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FAQ
About Flat 17, Albion Court Albion Street, Leicester
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