2-bedroom flat · LE5 1WD
For saleListed 123 days
Opportunity summary
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About
FULL DESCRIPTION Martin&Co are pleased to offer this two double bedroom second floor flat. Situated on the edge of Hamilton estate, convenient for the ring road and easy access to the City Centre.
The accommodation benefits from gas central heating and double glazing and comprises; L shaped Hall with walk in cupboard, lounge, kitchen, two double bedrooms, bathroom.
The accommodation with superb quality fixtures is let on an assured short hold tenancy(currently at £875pm) so is ideal for investment or owner occupation.
NO UPWARD CHAIN HALLWAY Radiator, walk in cupboard, doors to bedrooms, bathroom and lounge/diner. Fitted cupboard.
LOUNGE/DINER 11' 8" x 18' 3" (3.56m x 5.56m) Double glazed window, French doors with Juliet balcony, radiator, laminated floor, open access to kitchen area.
KITCHEN 7' 11" x 8' 10" (2.41m x 2.69m) Fitted with a comprehensive range of modern style wall and base units with roll edge work tops over, single drainer stainless steel sink unit with chrome mixer taps, inset 4 ring gas hob with electric under oven, extractor fan and cooker hood over and plumbing for washing machine.
BEDROOM 9' 9" x 12' 1" (2.97m x 3.68m) Double glazed window, laminated floor, radiator, fitted wardrobe with hanging rails and fitted dressing table with cupboards beneath.
BEDROOM 10' 7" x 9' 9" (3.23m x 2.97m) Double glazed window, radiator, laminated floor, built in wardrobe and dressing table with cupboards beneath.
BATHROOM 7' 3" x 6' 6" (2.21m x 1.98m) Three piece suite comprising panelled bath with shower mixer taps and side screen, pedestal wash basin with chrome mixer taps and tiled splash back, low flush WC, tiled floor, double glazed window and radiator.
OUTSIDE Vehicle access leads to a rear parking area with a designated parking space for the subject flat. Communal gardens/flower beds.
Lease Remaining 106 years Service Charge £2468>60 Ground Rent £217.58 Greenbelt Charge £171.83
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 Stillington Cresent , Hamilton, Leicester
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