2-bedroom flat · LE2 2PZ
For saleReduced £10k (−6.7%) on 29 AugListed 420 days
Opportunity summary
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About
Summary Situated in the highly sought-after Hendon Grange retirement complex in Stoneygate, this well-appointed two-bedroom apartment is offered to the market with no upwards chain.
Description Situated in the highly sought-after Hendon Grange retirement complex in Stoneygate, this well-appointed two-bedroom apartment is offered to the market with no upwards chain.
Designed exclusively for the over 55s, the development provides the ideal balance between independent living and light support, with an on-site warden, 24/7 emergency care system, and excellent communal facilities.
The apartment itself has been recently refurbished and features a bright and spacious living room with Juliet balcony, a modern fitted kitchen, two bedrooms (the primary with built-in wardrobes), and a three-piece shower room.
Residents benefit from beautifully maintained communal gardens, allocated and visitor parking, as well as on-site amenities including a laundry service and hairdresser.
Located in the heart of Stoneygate, the property is perfectly positioned for access to local shops, eateries, healthcare facilities, and transport links into Leicester city centre and beyond.
This is a rare and exciting opportunity to join a warm and welcoming community in one of Leicester's most prestigious suburbs.
Entrance Hall Storage Cupboards, Electric Radiator Living/Dining Room 12' 6" x 16' ( 3.81m x 4.88m ) Electric Radiator, Juliet Balcony to Rear, TV Point Kitchen 10' 7" x 7' 10" ( 3.23m x 2.39m ) UPVC Window to Rear, Wall & Base Units, Worktops, Stainless Steel Sink, Washing Machine, Fridge Freezer, Electric Hob, Electric Oven, Extractor Bedroom One 9' 2" x 17' 3" ( 2.79m x 5.26m ) UPVC Window to Side, Electric Radiator, Built in Wardrobes Bedroom Two 11' x 6' 9" ( 3.35m x 2.06m ) UPVC Window to Side, Electric Raidator Bathroom Low Level WC, Bidet, Wash Hand Basin, Walk In Shower, Heated Towel Rail, Extractor We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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FAQ
About 61, Hendon Grange, 420, London Road, Leicester
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