3-bedroom flat · LE9 7PB
Listing removedListed 353 days
Opportunity summary
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About
#CASH OFFERS ONLY# Wright & Wright are pleased to offer for sale this superb 3 bedroom first floor maisonette offering a wealth of potential. uPVC double glazing, gas central heating.
Entrance hall, kitchen, spacious lounge, three good bedrooms and bathroom. External store cupboard and garage. No chain.
Property additional info Entrance Hall: having two light points, radiator and cupboard with light.
Kitchen: 3.20m x 2.30m (10' 6" x 7' 7") having uPVC double glazed window, ceiling light point, radiator, range of matching wall and base units with work surfaces over, double sink unit with mixer taps and drainer, plumbing for automatic washing machine, built in oven and gas hob.
Lounge/Dining Room: 6.36m x 4.50m (20' 10" x 14' 9") having uPVC double glazed window, two ceiling light points, two wall light points, two radiators.
Bedroom One: 5.80m x 4.10m (19' x 13' 5") having uPVC double glazed window, two ceiling light points, radiator.
Bedroom Two: 4.10m x 3.20m (13' 5" x 10' 6") having uPVC double glazed window, two ceiling light points, radiator.
Bedroom One: 2.80m x 2.40m (9' 2" x 7' 10") having uPVC double glazed window, two ceiling light points, radiator.
Bathroom: having uPVC double glazed window, ceiling light point, radiator, three piece suite comprising low level flush wc, wash hand basin and side panelled bath with shower over.
Outside: Externally there is a staircase leading to the maisonette, and external brick built boiler room and single garage.
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
Agent & docs
FAQ
About Heath Lane, Earl Shilton
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