1-bedroom flat · LE9 7FS
Sold STCReduced £10k (−7.7%) on 25 AugListed 135 days
Opportunity summary
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About
** no chain - viewing essential ** A spacious second floor one bedroom apartment with allocated parking enjoying private hall to open plan kitchen/living area with feature staircase to mezzanine, good sized bedroom and bathroom.
Council Tax Band & Tenure Hinckley and Bosworth Borough Council - Band A (Leasehold) Communal Hall, Stairs And Landing Leading to Private Inner Hall (2.24m x 0.99m (7'4 x 3'3 )) Having wooden front door, secure entry system and wood flooring.
Kitchen Area (2.69m x 1.98m (8'10 x 6'6 )) Having range of gloss fitted units including base units, drawers and wall cupboards, contrasting work surfaces and inset sink with mixer tap, built in oven, ceramic hob with cooker hood over, space and plumbing for washing machine Living Area (5.33m x 3.15m (17'6 x 10'4)) Having pine stripped wood flooring, electric storage heater, two single glazed windows, vaulted ceiling with beams, exposed brick wall and metal stairs to mezzanine.
Bedroom (3.61m x 2.92m (11'10 x 9'7 )) Having exposed brick feature wall, electric heater, single glazed window and pine stripped wood flooring.
Bathroom (2.21m x 1.80m (7'3 x 5'11 )) Having white suite comprising low level w.c., pedestal wash hand basin, panelled bath with electric shower over and glass screen, ceramic tiled splashback and flooring, single glazed metal framed window, electric wall heater and extractor fan.
Mezzanine Floor Having wrought iron railings overlooking the lounge, pine stripped wood flooring. Vaulted ceiling and two vellux roof lights. Outside Designated parking space for car.
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 Flat 11, 1-5, New Street, Earl Shilton
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