1-bedroom flat · LE8 8DQ
For saleReduced £10k (−6.7%) on 23 SepListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Fleckney, this beautifully renovated one-bedroom first-floor apartment has been transformed by the current owners to an exacting standard, creating a stylish and exceptionally well-presented home that is ready to move straight into.
Every element has been carefully considered, with quality finishes and a contemporary feel throughout, while the well-planned accommodation provides everything you could need from a modern apartment.
Entering the purpose-built Russet House, the communal entrance hall leads to the first floor, where the apartment's front door opens into a welcoming reception hall.
From here, the accommodation flows naturally through to the main living space, bedroom and bathroom.
The standout feature of the apartment is the impressive open-plan living room and kitchen, creating a bright and sociable space with plenty of room for both comfortable seating and dining.
The living area has been beautifully finished by the current owners and provides a superb setting for relaxing or entertaining.
The contemporary kitchen has been thoughtfully designed and is fitted with a range of wall and base units, complemented by work surfaces and quality finishes.
Integrated appliances include an oven, electric hob and extractor and dishwasher, while there is also an inset sink with mixer tap, plumbing for a washing machine and space for a fridge/freezer.
Tiled flooring and splashback areas complete the smart, modern finish.
The double bedroom is a generous size and continues the apartment's beautifully presented feel, with space for a good range of bedroom furniture and plenty of wardrobes.
The bathroom is particularly impressive and has been finished to a luxurious standard, featuring a bath with shower over, wash hand basin and low-flush WC, together with contemporary tiling, chrome ladder-style heated towel rail and shaver point.
Outside, the apartment benefits from a dedicated parking space within the courtyard, along with plenty of visitor parking. There is also a shared storage cupboard, providing useful additional space.
Located close to the centre of the thriving village of Fleckney, the apartment is ideally placed for a range of everyday amenities including shops, a primary school, doctors' and dental surgeries, together with excellent public transport links.
Leicester and Market Harborough are both within easy reach by car, while the surrounding South Leicestershire countryside provides beautiful walks, cycle routes and canal-side routes to enjoy.
This is a superb opportunity to acquire a beautifully renovated and exceptionally well-presented apartment, where the current owners have clearly invested considerable time, care and attention to detail in creating a home of an exceptionally high standard.
An internal viewing is highly recommended to fully appreciate the quality and finish on offer. Tenure & Charges: We understand the property is leasehold, with a 125-year lease commencing in 2010.
The current service charge is understood to be £143.88 per month and the ground rent £100.00 every six months. These details should be verified by the purchaser's solicitor.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Russet House,5, Orchard Street, Leicester
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