1-bedroom flat · LE7 2DX
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aston & Co are delighted to offer to the market this immaculately presented, larger than average, one double bedroom apartment in the ever popular Forge Court.
Being sold with no upwards chain and located just a short walk from Syston Town Centre and it's amenities, this apartment is ideal for those looking to downsize to single storey living.
Inside, the property briefly comprises; entrance hall with storage cupboard, spacious lounge, kitchen, double bedroom with fitted robes and a modern, refitted shower room.
The property and Forge Court also benefits from electric heating, uPVC double glazing, communal gardens, parking, social area, laundry room, guest suite, lift and a house manager.
Location - Syston is located around 5 miles north of Leicester City Centre and approximately 10 miles from Loughborough.
The location is convenient for local shops, supermarkets, Syston Train Station, Thurmaston Retail Park and the motorway network.
Local Schools include Merton Primary School and Wreake Valley Academy The Property - The property is entered via a hardwood door leading into.
Entrance Hall - With storage cupboard, coved ceiling and provides access into.
Lounge-Diner - 5.33m x 4.50m (17'06 x 14'09) - Large, spacious 17ft living space with electric fire and surround, uPVC double glazed window to the rear aspect and coved ceiling.
Kitchen - 2.74m x 1.73m (9 x 5'08) - Fitted with a range of floor and wall mounted units with rolltop work surface and tiled splashbacks.
The kitchen also benefits from an electric hob, oven and extractor fan, stainless steel sink and drainer unit, space for a fridge and freezer, uPVC double glazed window to the rear aspect, coving and heater.
Bedroom One - 4.88m x 5.16m (16 x 16'11) - (maximum measurements) Spacious double bedroom with two sets of fitted robes, coved ceiling and uPVC double glazed window to the rear aspect.
Shower Room - 2.08m x 1.68m (6'10 x 5'06) - Modern, refitted shower room with three piece suite comprising walk in shower, vanity unit with basin and wc.
The shower room also benefits from a heated towel rain, extractor fan, heater and coving. Note To Buyers - The property is leasehold and benefits from a 125 year lease staring from 2003.
The Property is subject to a ground rent of £365.00 pa. The property is subject to a service charge TBC The apartment will be subject to 1% Transfer fee on the resale.
There is an age restriction of 60 years or in the event of a couple, one must be over the age of 60 years and the other over 55.
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 Forge Court, Syston, Leicester
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