2-bedroom flat · LE9 7BF
Sold STCReduced £5k (−4.3%) on 18 SepListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain. An excellent opportunity to purchase this two bedroom first floor apartment, situated within this popular residential development on the fringe of Earl Shilton town centre.
The property is within easy walking distance of the town centre and its wide range of amenities and also local bus routes.
The accommodation briefly comprises: Living Room, Kitchen, Two Bedrooms and Bathroom. Externally, there is one allocated parking space. Double glazing and gas central heating.
Porch/Entrance Hall Convenient entrance hall with separate porch area, intercom access from the ground floor and storage cupboard.
Kitchen (2.67m x 2.34m) Fitted with laminated wooden wall and base units with contrasting work surfaces above.
Tiled splash backs and flooring, stainless steel sink and drainer, gas hob and fitted single oven.
Cupboard housing the boiler, plumbing for a washing machine and UPVC double glazed window to the side elevation.
Lounge (4.44m x 3.70m) Spacious living area with carpeted flooring and UPVC French doors leading to a Juliet balcony to the rear elevation.
Bedroom 1 (3.97m x 2.78m) Sizable double bedroom with a fitted wardrobe, UPVC double glazed window to the rear elevation and carpeted flooring.
Bathroom (2.06m x 1.72m) Fitted with a three-piece white suite including a low flush WC, pedestal sink, shower over bath, tiled flooring, tiled splash backs and an extractor fan.
Bedroom 2 (3.97m x 3.04m) Second double bedroom with UPVC double glazed window to the rear elevation with carpeted flooring.
Outside Set back from the road, the property benefits from a nominated car parking space in the communal car park along with ample visitor parking.
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
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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 Peggs Close, Leicester
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