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See how verdicts work1-bedroom house · LE16 7BT
Listing removedListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a peaceful residential area of Market Harborough, this delightful first-floor one-bedroom retirement apartment is perfect for those aged 60 and over who value independent living.
The development is also open to joint applicants with a minimum age of 55. Conveniently located close to the town centre, the apartment offers serene views of the landscaped communal gardens.
Property In Detail The apartment features a spacious bedroom with built-in wardrobes and drawer units, an open-plan lounge and dining room with large windows overlooking the garden, and a modern kitchen equipped with an integrated oven, induction hob, extractor hood, fridge/freezer, and a stainless steel sink.
The bathroom boasts a large electric shower and there is a useful generously sized airing/storage cupboard for additional convenience.
Residents can enjoy a range of communal facilities, including beautifully maintained gardens, a residents' lounge, a laundry room, and a guest suite for visitors.
The property also benefits from an on-site manager, a 24-hour emergency call system, lifts to all floors, and allocated parking.
Pet-friendly and secure with a door-entry system, this apartment provides a perfect blend of comfort, security, and independent living.
Measurements Entrance Hall 2.4638m x 0.9144m - 8'1" x 3'0" Bathroom 2.0574m x 1.651m - 6'9" x 5'5" Bedroom 3.6068m x 2.667m - 11'10" x 8'9" Living Room 4.6482m x 3.175m - 15'3" x 10'5" Kitchen 1.651m x 2.1844m - 5'5" x 7'2" Storage Room 1.3208m x 0.9398m - 4'4" x 3'1" Communal Living Room Communal Kitchen Front Access Rear Gardens Service Charge A service charge of approx £3,000 per annum and ground rent of approx £500 applies (in most cases the service charge includes water rates).
** Extended Lease to 120 Years** Location Market Harborough is a charming market town in Leicestershire, known for its rich history, vibrant community, and picturesque surroundings.
With a mix of independent shops, cafes, and restaurants, the town offers a bustling yet relaxed atmosphere.
Excellent transport links, including a direct train to London, make it a convenient location.
Surrounded by beautiful countryside, Market Harborough provides a perfect balance of town and rural life, making it an attractive place to live for those seeking a blend of convenience, character, and natural beauty.
Important Notice Whilst every care has been taken in the preparation of these particulars, all parties should note: i The description and photographs are for guidance only and are not a complete representation of the property.
ii Plans are not to scale; are for guidance only and do not form part of the contract.
iii Services and any appliances referred to have not been tested and cannot be verified as being in working order.
iv No survey of any part of the property has been carried out by the Vendor or McCallum Marsh. v Measurements are approximate and must not be relied upon.
Maximum appropriate room sizes are generally given to the nearest 0.1 metres.
Outbuildings are measured externally (unless otherwise stated) to the nearest 0.5 metres; an approximate Imperial equivalent is also given.
vi Only those items referred to in the text of these particulars are included.
vii Nothing in these particulars or any related discussions forms part of any contract unless expressly incorporated within a...
Fixtures & Fittings Fixtures and fittings mentioned in these particulars are included in the sale - all other items regarded as owners fixtures and fittings may be removed.
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
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FAQ
About Homewelland House, Market Harborough
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