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See how verdicts work2-bedroom flat · LE2 4LZ
For saleReduced £15k (−18.8%) on 20 MayListed 461 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Corley Estate Agents are pleased to present this 2 bedroom first floor flat, available with NO UPWARD CHAIN.
The flat forms part of an "Over 55's" Development and is offered on an 85% SHARED OWNERSHIP basis.
The flat benefits from gas central heating (with Bosch Worcester combi' boiler) and double glazing, and has accommodation briefly comprising hall, lounge, kitchen, 2 good bedrooms, and bathroom.
There are communally maintained gardens and communal parking on site. The property is well located for nearby shops, doctor's surgery, bus routes, and the community centre within the nearby church.
ACCOMMODATION Entrance Hall Lounge Kitchen 2 Bedrooms Bathroom PLEASE NOTE: The property is sold with 85% shared ownership.
Tenure: Leasehold Council Tax Band : A EPC Rating : C LEASE DETAILS Tenure Type: Leasehold Lease Term: 99 Years granted 18/10/2001 Service Charge : £187.56 PCM (includes heating servicing, external window cleaning, communal maintenance, and building insurance.) Please Note : Please be advised that the Scheme is designed for 'Independent Retirement Living' and no care or assistance is provided by Amplius
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
Agent & docs
FAQ
About St. Pauls Close, Oadby, Leicester, Leicestershire, LE2
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