2-bedroom flat · LE1 3JU
For saleListed 1108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two bedroom apartment located in the landmark development of Thames Tower.
The property is finished to a high standard and includes a private balcony with views towards Abbey Park & The National Space Centre building.
The accommodation comprises an entrance hallway with light coloured wooden flooring and the apartment's video-entry intercom - allowing residents to permit guests into the building directly from their apartment.
There is a large open plan kitchen/living area, which has the light coloured wooden flooring continuing from the hallway.
The kitchen area has ample storage space and newly fitted integrated appliances comprising electric hob & oven, extractor fan, fridge (with freezer box) and dishwasher - as well as space for a washing machine.
The living area is light and airy and has a patio door with access to the apartment's private terrace, as well as a telephone socket and digital communications point.
One carpeted double bedroom that has access to a telephone socket and TV aerial point, smaller second bedroom & bathroom with three piece white suite comprising toilet, sink and bath with shower over.
The bathroom benefits from glass shelving, electric shaving point, tiled flooring and electric towel radiator.
The apartment benefits from modern electric wall and water heaters, full extraction throughout and video-entry intercom system.
The apartment is located close to the shops, bars and restaurants of the City Centre and is directly adjacent to the Inner Ring Road offering excellent transport links, as well as offering excellent views over the City.
The property is currently tenanted and the tenant is willing to stay on if this is an investment buy.
This property is perfect for a first time buyer or an investment buy, viewing is highly recommended.
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 16, Thames Tower, Leicester
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