2-bedroom property · LE16 7GD
Listing removedListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A luxury retirement apartment offering independent living within a state-of-the art retirement complex with a resident’s lounge, swimming pool, restaurant, library, and gym.
Two double bedrooms, ensuite and bathroom and 22ft open plan kitchen, living/dining room. Situated close to the town centre and rail station and offered for sale with no chain.
Accommodation - The apartment is situated on the first floor of Avon House, Welland Place, in a central position with good access to the town centre and rail station.
Welland Place is a state-of-the-art facility with immaculate reception and communal areas, where you will find a housing manager on hand.
A lift service provides access to the first floor where the apartment is accessed via its own secure front door. The entrance hall feels spacious and welcoming.
To your right is a built-in utility cupboard with space for storage and the hot water cylinder.
On your left you will find the bathroom, fitted with a luxurious, contemporary white suite comprising bath with shower over, WC and wash hand basin.
The open plan sitting room, kitchen/diner spans over 22ft and enjoys access to the private balcony with views over the attractive communal gardens below.
The kitchen area is well equipped with a range of fitted wall and base units providing plenty of storage and ample work surface space over.
Integrated appliances include fridge/freezer, double oven, ceramic hob and dishwasher, with a handy space for a microwave within the units.
There are two double bedrooms both enjoying views over the communal gardens.
The master bedroom featuring its own ensuite shower room with contemporary suite including a walk-in shower, WC and wash hand basin.
Outside - The apartment features its own private balcony accessed from the living room with views over the immaculate, landscaped communal gardens.
The communal gardens and grounds for residents to enjoy, including a seating area and a footpath for walks by the River Welland.
There is also secure underground parking on a non-allocated basis for one space for residents, and a guest/visitor can also park if a space is available.
Facilities - Facilities at Welland Place include a resident’s lounge, restaurant, bar, gymnasium, swimming pool, snooker room, library, hair salon, beauty treatment room and a craft room, meaning your active retirement is well and truly catered for.
Property Information - Tenure: Leasehold Lease Term: 125 years from and including 29th September 2011 Years remaining: 112 (as at 2024) Freeholder: MHA (Methodist Homes) Service Charge: Currently £470.96 per month (April 2024 – March 2025) This includes building insurance Ground rent: Currently £15.56 per month Wellbeing Charge: Currently £327.44 per month (April 2024 – March 2025) Local Authority: Harborough District Council Tax Band: C SERVICES: The property is offered to the market with electric central heating Cladding: An EWS1 has been completed (available on request).
A further survey and remedial works are required Location - Market Harborough is a thriving market town receiving regular national accolade in the press in various quality of life surveys.
The town offers a mainline railway station to London St Pancras in approximately an hour and a wide range of niche shopping, restaurants and a wide range of leisure and sporting amenities.
Market Harborough is situated in some of the county's most attractive countryside.
The property is situated a short distance of the town centre, rail station, Welland Park, Farndon Fields farm shop and local countryside walks.
Satnav Information - The property’s postcode is LE16 7GD, and the complex can be located almost opposite the train station.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Avon House, Welland Place, Market Harborough
Explore nearby