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See how verdicts work3-bedroom flat · LE9 7LG
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** no chain ** This spacious maisonette is situated in a town centre location within easy walking distance of local shops, schools and amenities.
Those wishing to commute will find easy access to the A47, A5 and M69 junctions making travelling to further afield very good.
The accommodation consists ground floor entrance to side, first floor hall, spacious lounge and dining kitchen, three double bedrooms and a family bathroom.
Outside the property benefits from parking for two cars.
Council Tax Band & Tenure Hinckley and Bosworth Borough Council - Band A full freehold - The downstairs lease is a 99 year lease starting 10/12/2010 with ground rent of £100pa until 9/12/35 and then proportionate increases of £50 pa on 9/12/60,9/12/85.
There is no formal service charge but it does state in the lease that the service charge will be ‘a fair & reasonable proportion determined by the landlord of the service costs.
Side Ground Floor Entrance Having upvc double glazed door with obscure glass and central heating radiator. Staircase to First Floor. First Floor Hall Having upvc double glazed window.
Lounge (5.00m x 3.89m (16'5 x 12'9 )) Having fireplace with electric fire, two central heating radiators, feature beam, upvc double glazed window to side and upvc double glazed window to rear.
Kitchen (4.47m x 3.48m (14'8 x 11'5 )) Having base units, drawers and wall cupboards, contrasting work surfaces and inset sink, built in oven, ceramic hob, space and plumbing for washing machine, central heating radiator, upvc double glazed window to front and upvc double glazed window to side.
Bedroom One (4.29m x 3.99m (14'1 x 13'1)) Having built in wardrobes, central heating radiator, upvc double glazed window to rear and upvc double glazed window to side.
Bedroom Two (4.11m x 3.61m (13'6 x 11'10 )) Having feature beam, central heating radiator and upvc double glazed window to front.
Bedroom Three (4.29m x 3.28m (14'1 x 10'9)) Having feature beam, central heating radiator and upvc double glazed window to side.
Bathroom (3.15m x 2.44m (10'4 x 8)) Having panelled bath with shower over and glass screen, integrated low level w.c., wash hand basin and vanity cabinets, chrome heated towel rail, built in storage and upvc double glazed window with obscure glass to side.
Outside There is direct access through gates leading to two parking spaces.
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
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FAQ
About Hinckley Road, Earl Shilton
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