2-bedroom flat · LE5 1QF
Listing removedListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***no chain*** Seths are delighted to present this modern 2 bedroom apartment in the popular residential area of Hamilton close to local schools, amenities and with excellent transport links.
The property comprises of an entrance hallway, spacious lounge / diner, kitchen, 2 double bedrooms and a family bathroom.
The property further benefits from an allocated parking space within the private residents' car park. This is an ideal home for professionals, couples or first time buyers. Viewings by appts only.
Entrance Hallway Carpeted, electric radiator Lounge / Diner (6.61m x 3.26m (21'8" x 10'8")) Carpeted, electric heater, x2 uPVC double glazed windows Kitchen (2.65m x 2.57m (8'8" x 8'5")) Wall and base units with worktops over, 4 ring electric hob with built-in oven and extractor hood, sink with mixer tap and drainer, space for fridge / freezer, vinyl flooring, partly tiled walls, uPVC double glazed window Bedroom 1 (3.29m x 2.69m (10'9" x 8'9")) Carpeted, electric radiator, uPVC double glazed window Bedroom 2 (2.73m x 2.38m (8'11" x 7'9")) Carpeted, electric radiator, uPVC double glazed window Bathroom WC, wash hand basin with mixer tap, bathtub with mixer tap and shower overhead, vinyl flooring, partly tiled walls, extractor fan, storage cupboard, uPVC double glazed window Outside The property benefits from an allocated parking space within a secure residents' car park.
Access into the building is controlled via an intercom system, ensuring entry is restricted to authorised residents and visitors. Lease Please note these are approx. Figures.
Please be advised that whilst we make every effort to ensure these lease details are accurate, these must be verified by any potential purchaser's solicitors to confirm the same.
Service charge - £1305 per annum Ground rent - £150.00 per annum Green Belt Charge - £172.00 per annum Lease remaining - 82 years Additional Info Tenure: Leasehold EPC rating: C Council Tax Band: B Council Tax Rate: £1,966.81 Mains Gas: No Mains Electricity: Yes Mains Water: Yes Mains Drainage: Yes Broadband availability: Full Fibre Broadband
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.
Area
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FAQ
About Apartment 4, 1, Heritage Way, Leicester
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