We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LE4 7SP
For saleListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This spacious two bedroom apartment is located within the development of 30 one and two-bedroom private apartments exclusively for the over 55s.
It offers Independance, a friendly new community, plus stress-free, maintenance-free and energy-efficient living, description Watermead View offers expansive views over beautiful Watermead Country Park, this stunning development offers the very best of both worlds - the tranquillity of nature at its finest, plus all the on-site facilities and local amenities you need to make later life easy.
Modern and maintenance-free, our spacious, high-specification private apartments are safe and secure - stress-free havens for those ready to downsize and make life a little easier or perfectly suited for active, 'lock up and leave' retirement lifestyles.
Watermead View Each generously-proportioned one and two-bedroom apartment offers stunning views, plenty of natural light and quality fixtures and fittings throughout, ready for you to move in and personalise.
Some apartments feature balconies or offer direct access to terraces and outside space.
Facilities Superb facilities at Watermead View include a hair salon complete with nail bar, lovely gardens and luxurious communal lounges in which to relax, socialise or take part in planned events and activities if you wish.
About The Developer macc Retirement takes great pride in developing high quality retirement complexes in superb locations, for those ready to downsize, make life a little easier and live the fulfilling and happy retirement lifestyle they choose.
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
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
.png){kind=logo}
FAQ
About Plot 8, Watermead View, 512, Melton Road, Leicester
Explore nearby
