2-bedroom flat · LE16 7LT
Listing removedListed 226 days
Opportunity summary
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About
With its fantastic Market Harborough town centre location right on the doorstep of its vast range of restaurants, shops and other amenities, is this spacious top floor two bedroom apartment.
Property is ideal for first time buyer or buy to let investor and is being offered through Adams & Jones with the benefit of no upward sales chain.
Freshly painted and well presented accommodation briefly comprises reception room/study, open plan living/kitchen, two double bedrooms and bathroom.
Parking permits for the town centre are available from the council at extra charge at a variety of different car parks nearby.
The vendor has taken the liberty of extending the lease to a brand new 99 year lease offering fantastic peace of mind for new owner.
Reception Room/Study - 3.43m x 2.62m (11'3" x 8'7") - Accessed via communal front entrance door and stairs leading up to the apartment's private main entrance door. Sash window to front.
Cast iron fire place. Electric storage heater. Open Plan Living/Kitchen - 5.56m max into recess x 3.40m (18'3" max into rece - Two Sash windows to the front elevation.
Fitted range of wall and floor mounted kitchen units with stainless steel sink. Electric oven. Ceramic hob with extractor hood over. Space for fridge. Space and plumbing for washing machine.
Electric storage heater. Boarded fire place.
(Open Plan Living/Kitchen Photo Two) - (Open Plan Living/Kitchen Photo Three) - (Kitchen Area Photo) - Bedroom One - 3.38m plus door recess x 2.90m (11'1" plus door re - UPVC double-glazed window to rear.
Electric storage heater. Airing cupboard. (Bedroom One Photo Two) - Bedroom Two - 3.81m max x 2.90m (12'6" max x 9'6") - UPVC double-glazed window to rear. Electric storage heater.
(Bedroom Two Photo Two) - Bathroom - Opaque UPVC double-glazed window to rear. Three piece suite comprising w/c, wash hand basin and panelled bath with electric shower over and glazed shower screen.
Electric storage heater. Lease Information - The vendor has taken the liberty of offering the apartment with an extended brand new 99 year lease due to commence shortly.
Service charges for the apartment are £2442.45 per year (610.61 per quarter).
Parking Options - The property does not have private parking but there are parking permits available from the council in the surrounding near by car parks.
These permits are at an additional cost via the council and must be fully researched with prices confirmed before committing.
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 Adam & Eve Street, Market Harborough
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