2-bedroom flat · LE65 1FX
Listing removedListed 85 days · slow let
Opportunity summary
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About
Occupying an excellent position off the popular Nottingham Road on the fringe of Ashby town centre is this superb second floor, two bedroom apartment which affords a well-presented and spacious interior.
Approached via a communal entrance door up a flight of stairs provides access into the apartment via an entrance lobby.
The main entrance hall has a useful built in cloaks cupboard ideal for general storage and doors off to all rooms.
There is a dining lounge with two windows overlooking Nottingham Road plus a fitted kitchen with oven, hob and extractor plus space for a fridge/freezer and washer.
There are two good sized bedrooms to the rear of the apartment and bathroom with a stylish three piece suite in white with shower.
Externally, the property has allocated parking for one vehicle and visitor parking. ASHBY DE LA ZOUCH This ancient market town is on the border of Leicestershire and Derbyshire.
It is placed in the centre of a web of routes leading to most of the principal towns and cities of the Midlands and is at the very centre of the National Forest, one of the most ambitious environmental projects in this country with nature reserves, country parks and many tourist attractions.
Close to the centre of Ashby are the Castle ruins, modern museum, tourist information centre, library, theatre, leisure centre and several parks offering a variety of leisure opportunities as well as many local clubs and societies.
The regular farmers market, daily indoor market, high street names and supermarket give a range of shopping opportunities whilst specialist shops, restaurants and tea rooms are to be found in the courtyards.
Rent £800 Deposit £920 Holding deposit - equivalent to one week's rent 12 month minimum term - long term let Council Tax Band B Local authority: North West Leics Council Property construction: Brick with tile roof Parking: one allocated space Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: gas central heating Broadband type: ADSL See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Useful Websites: The property information provided by John German Estate Agents Ltd is based on enquiries made of the landlord and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
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.
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
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FAQ
About Oak Crescent, Ashby-de-la-Zouch
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