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See how verdicts work1-bedroom flat · LE4 0JY
For saleReduced £5k (−3.3%) on 21 JunListed 506 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An Ideal First-Time Buy or Investment Opportunity. This modern 1 bedroom, 1 bathroom apartment offers the perfect opportunity to get onto the property ladder or secure a high-demand rental investment.
Situated within the sought-after City Heights development, the property benefits from a secure entry system and well-maintained communal areas, offering both comfort and peace of mind.
Internally, the apartment comprises of a spacious entrance hall complete with a utility cupboard and phone entry system.
The open-plan living area is ideal for relaxing or entertaining, while the double bedroom provides a comfortable retreat.
The modern bathroom features a bath with shower over, offering the best of both worlds. The property also includes allocated parking for 1 vehicle.
Built in 2021, the apartment still carries that desirable ‘new-build’ feel and finish.
Its location is excellent - within walking distance or a short drive to Leicester city centre, and ideally positioned for access to both Glenfield Hospital and Leicester Royal Infirmary.
Local supermarkets and strong transport links are also close by, making this property as practical as it is appealing.
Whether you’re searching for your first home or a fantastic addition to your investment portfolio, this apartment is well worth viewing.
EPC Rating: B Entrance Hall Composite front door, two ceiling light points, radiator, phone entry system, two storage cupboards, utility cupboard with plumbing for washing machine, vinyl flooring, doors leading to bedroom 1, bathroom and lounge.
Living Area Two ceiling light points, three double glazed windows, two radiators, TV point, Virgin point and vinyl flooring.
Kitchen Two double glazed window, a fully fitted kitchen offering base and wall cupboards, sink and drainer with hot and cold mixer tap, electric hob with extractor fan over, electric oven, integrated dishwasher, integrated fridge/freezer, radiator and vinyl flooring.
Bedroom 1 (3.60m x 3.42m) Ceiling light point, two double glazed windows, radiator, TV point and carpeted flooring.
Bathroom (2.26m x 2.11m) Ceiling light point, extractor fan, radiator, double glazed window, tiled flooring, a 3 piece bathroom suite comprising of a bath with thermostatic shower over, wash hand basin and low level toilet.
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
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FAQ
About Flat 3, 99 Somerset Avenue, Leicester
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