3-bedroom flat · LE2 1TP
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First time on the market for 27 Years.
We are delighted to offer for sale this spacious and well presented ground floor corner apartment in the sought after dukes drive development in stoneygate The flat briefly comprises a porch, entrance hall, lounge/diner.
Kitchen, three bedrooms and a bathroom. Benefiting from having direct access onto a terrace area leading onto well maintained communal gardens.
Well located for Leicester City Centre and walking distance to Queens Road with its selection of boutique shops, coffee shops, and restaurants.
Porch (1.17 x 0.99 (3'10" x 3'2")) Front door, door leading into Entrance Hall (7.38 x 0.90 (24'2" x 2'11")) Coving, entry phone, fuse box, built in cupboard with heated towel rail L Shaped Lounge / Diner (5.47 max reducing to 2.87 x 7.34 max reducing to 3) Gas fireplace, coving, three radiators, double glazed window to front aspect, three frosted double glazed windows to side aspect, sliding double glazed patio doors to rear aspect leading out onto outdoor terrace and then communal gardens.
Lounge Area Dining Area Kitchen (2.60 x 2.54 (8'6" x 8'3")) Fitted units with worktops and tiled splashbacks, sink with drainer, integrated fridge freezer, washer dryer, and dishwasher, four ring gas hob and extractor, integrated double electric oven, tiled floor, double glazed window to front aspect.
Bedroom One (3.71 x 3.48 (12'2" x 11'5")) Fitted wardrobes, radiator, double glazed window to rear aspect. Bedroom Two (3.48 x 3.09 (11'5" x 10'1")) Radiator, double glazed window to rear aspect.
Bedroom Three (2.60 x 2.55 (8'6" x 8'4")) Built in cupboard housing boiler, radiator, double glazed window to front aspect.
Bathroom (2.66 x 2.59 (8'8" x 8'5")) Bath, vanity unit, walk in shower cubicle with mains shower, heated towel rail, low level W/C, tiled floor and walls, two double glazed frosted windows to front aspect.
Terrace Area Paved area with direct access from the lounge, leading onto communal gardens.
Leasehold Lease 150 years from 25 March 2011 135 Years Remaining Managing Agents Butlins Service Charge £1.862.84 Per Year. Ground Rent £200 per year.
Garage (4.89 x 2.40 (16'0" x 7'10")) Located in a garage block, electric up and over door, power. Free Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business: Monday to Friday 9am -5pm Saturday 9am - 4pm Aml Disclaimer In accordance with current Anti-Money Laundering and Proceeds of Crime Legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf of Moverly, our approved aml provider. A £50 fee (incl. Vat) covers required data and any manual checks.
This must be paid before we can issue a memorandum of sale. The fee is non-refundable and paid directly to Moverly. We receive a portion of this fee for facilitating the checks
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.
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FAQ
About 13, Dukes Drive, Leicester
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