2-bedroom flat · LE7 9PH
For saleListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Newton Fallowell have the pleasure in marketing this impressive 1st floor 2 bedroom over 55's apartment located within this well maintained development.
The apartment is part of a pleasant development consisting of 11 bungalows and a well-presented apartment block, all surrounded by beautifully maintained communal gardens.
With a spacious hallway, lounge, kitchen, 2 beds and bathroom, must be viewed to appreciate the views to the rear. Call and book your appt now. No Chain.
EPC Rating: D Entrance The apartment is located within the Lodge Mews apartment block, access is via the front entrance communal door and then a staircase leading to the 1st floor where the apartment is situated.
Hallway The home has a door that leads into a spacious and light entrance hallway with a window to the front elevation and access into all rooms, built in cupboard.
Lounge (4.8m x 3.7m) Spacious lounge with 2 windows to the front elevation.
Breakfast Kitchen (2.4m x 3.9m) With views overlooking the open fields to the rear, the kitchen has a range of base and wall units with work surfaces over and breakfast bar area, plumbing for washing machine, sink and drainer with mixer tap, electric hob and extractor above and integrated oven.
Bedroom (3.7m x 3.0m) Double bedroom with rear views of the countryside and a range of built in wardrobes.
Bedroom (2.7m x 3.1m) Double bedroom with a window to the side and a range of fitted wardrobes.
Bathroom (2.5m x 1.9m) Three piece suite with bath with shower over and central mixer tap, vanity unit with wash hand basin and w.c.
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
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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 5 Lodge Mews Grange Lane, Leicester
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