1-bedroom flat · LE11 4NP
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Frank Innes present this one bedroomed, fully furnished ground floor apartment located in Knightthorpe Court and is a must view property for first time buyers and Investors!
This property benefits from an entrance hallway, spacious living room with sliding doors leading to patio and extremely well kept communal gardens.
The kitchen has a selection of wall and base units and breakfast bar. Furthermore, there are integrated appliances including fridge freezer, washing machine, cooker and electric hob.
The double bedroom is off from the lounge area. Completing the accommodation is a three piece bathroom suite with hand wash basin, low level flush WC and bath tub with shower over..
The property is fully UPVC double glazed throughout and an electric heating system. In addition there is a self-contained bricked storage facility to the rear of the property.
Due to the current occupant emigrating the property is being sold with all furnishings at no extra cost to the buyer.
Knightthorpe Court, Burns Road is a complex of flats close by a host of local amenities some of which including local shops, Supermarkets, regular bus routes and major road links including Junction 23 of the M1.
Agent Note Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
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
Agent & docs
FAQ
About Flat 68 Knightthorpe Court,, Burns Road, Leicestershire
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