2-bedroom flat · LE11 1GJ
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
General Description Smiths Property Experts are delighted to offer a contemporary two-bedroom apartment in The Gate, one of three buildings that form part of the outstanding Waterside Village development, situated on the edge of Loughborough.
The development has recently been completed, and all units were sold successfully off-plan.
This impressive, gated complex is conveniently located within easy walking distance of Loughborough station, beautiful countryside, and the town centre, with all its amenities.
In addition, there are landscaped communal gardens outside.
The Gate The Gate boasts modern facilities, including a gym, a communal co-working area with a meeting room, an indoor heated swimming pool, and a daily concierge service.
The development is gated, and the apartment offers designated secure parking with an extra provision for guests/visitors.
The property boasts the remainder of a 10-year LABC warranty, and the development has been designed in a sympathetic manner, with exposed brickwork, large windows, and tall ceilings that pay homage to the area's industrial past.
The history and traditional fabric of the site have been preserved in the neighbouring ‘Mill’ building whilst incorporating modern and stylish interventions.
The Apartment The apartment is located on the first floor, which is accessed via a serviced lift, as well as a stairwell.
The apartment is designed to a high specification with a modern kitchen, bright and spacious living areas, and underfloor heating. The generous entrance hall includes two storage cupboards.
There are two double bedrooms, one with an en-suite shower room, a separate bathroom, and a spacious kitchen, living and dining area with views across the communal gardens.
The kitchen is equipped with high-quality, fully integrated Bosch appliances. The property boasts one designated car parking space in the secure car park. Property Information EPC Rating: B.
Tenure: Leasehold. Years Left: 246. Ground Rent: circa £99 per annum. Maintenance Charge: circa £1,908 per annum. Council Tax Band: C.
Local Authority: Charnwood Borough Council Important Information Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed.
In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained.
These particulars do not constitute any part of an offer or contract. All measurements should be treated as approximate and for general guidance only.
Photographs are provided for general information, and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.
Any outline plans within these particulars are based on Ordnance Survey data and are provided for reference only.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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
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FAQ
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