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See how verdicts work2-bedroom flat · LE3 5EQ
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION A two bedroom apartment situated on the corner of Fosse Road South. The property offers open plan living and is great for access to Leicester city centre.
Secure allocated parking is included. No chain. HALLWAY With door to front elevation, storage cupboard, radiator and intercom system.
LOUNGE/DINER 11' 9" x 20' 1" (3.58m x 6.12m) Open plan and fitted with wall and base units, inset sink drainer, work surface areas with complimentary splashback tiling, built-in electric oven, gas hob and cooker hood, integrated washing machine, integrated fridge, central heating boiler, two central heating radiators, television and telephone points and double glazed windows to the front elevations.
BEDROOM 15' 6" x 10' 1" (4.72m x 3.07m) With double glazed window to side, fitted wardrobes and radiator.
BEDROOM 13' 1" x 8' 0" (3.99m x 2.44m) With double glazed window to the front and central heating radiator.
BATHROOM 8' 5" x 8' 6" (2.57m x 2.59m) Fitted with corner style bath with mixer tap, shower cubicle, wash hand basin, low level w.c., extractor fan and radiator.
OUTSIDE There is one allocated parking space. LEASE INFO Service Charge: £1878pa Ground Rent: £50pa Lease Remaining: 106 years
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
Agent & docs
FAQ
About The Mill, 6 - 8 Fosse Road North
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