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See how verdicts workStudio flat · LE8 6HU
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delighted to offer for sale this spacious studio apartment in whetsone.
Located in this sought after village location is this well presented studio on the first floor, in this small block of just eight apartments built in 1985.
Entered via a communal entrance with staircase leading to the first floor, the apartment briefly comprises a lounge/bedroom with open plan kitchen, dressing area and shower room.
Benefiting from far reaching views from the rear of the flat with double aspect windows and communal parking to the rear with an EV charging point. Great First Time Buy or Investment.
Communual Entrance Accessed via double glazed door leading into communal hall area with door to rear leading out into the parking area, staircase rising to the first floor.
Lounge/Bedroom (4.03 max reducing to 2.55 x 4.50 max reducing to 2) Front door, fuse box, two radiators, double glazed window to side and rear aspects.
Open Plan Kitchen (2.36 x 1.59 (7'8" x 5'2")) Fitted units with worktops and tiled splash backs, induction hob, sink with drainer, plumbing for washing machine, space for small fridge, double glazed window to rear aspect.
Dressing Area (2.04 x 1.33 (6'8" x 4'4")) Access to loft, fitted wardrobe with sliding mirrored doors housing boiler.
Shower Room (2.02 x 1.66 (6'7" x 5'5")) Shower cubicle with electric shower, low level W/C, pedestal wash hand basin, heated towel rail, part tiled wall, frosted double glazed window to side aspect.
Other Aspect Outside To the rear of the building are communal gardens and parking, with an EV charging point. Lease 999 years from 1 January 1984 957 Years remaining.
Managing Agents Rendall and Rittner Ground Rent £100 Per Year Building Insurance for 2026 £209.51 Free Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Money laundering Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
Passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business: Monday to Friday 9am -5.30pm, Wednesday Late Nights Until 7pm Saturday 9am - 4pm Aml Disclaimer In accordance with current Anti-Money Laundering and Proceeds of Crime Legislation, all buyers are required to complete identity and verification checks.
These checks are carried out on our behalf of Moverly, our approved aml provider. A £50 fee (incl. Vat) covers required data and any manual checks.
This must be paid before we can issue a memorandum of sale. The fee is non-refundable and paid directly to Moverly. We receive a portion of this fee for facilitating the checks
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
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FAQ
About Spinney Halt, Leicester
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