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See how verdicts work1-bedroom flat · LE65 2RW
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Completed to a high specification in 2021, an immaculately presented, self contained, one bedroom apartment located on the first floor of this popular over 55's development.
Offering 552sqft of accommodation in brief comprising:- a spacious entrance hall with large store cupboard, an open plan living/dining/kitchen with balcony off, a generous size double bedroom and modern shower room.
The development is conveniently located having a medical centre, Co-op convenience store and café all within a short walk away Viewing is highly recommended to fully appreciate the location and quality of this apartment.
75% shared ownership. Location - The historic market town of Ashby de la Zouch has links back to Roman times.
Historically the town was dominated by the 12th century manor house, eventually becoming a 15th century castle belonging to the Hastings family.
Today this is a thriving community on the north side of the A42 dual carriageway, with excellent road links south-west via the M42 to Birmingham and Birmingham International Airport, or north-east to the M1 motorway corridor with East Midland conurbations beyond and Nottingham East Midland Airport at Castle Donington.
The town boasts high street brand shops, many independent traders, boutiques and coffee shops.
Located adjacent to primary access links further amenities include supermarkets including M & S Simply Food.
Accommodation Details - The communal landing leads to a traditional entrance door with electronic locking system. From here you will find a spacious entrance hall with a built-in storage cupboard.
To the rear is an open plan living/dining/ kitchen that benefits from its own private balcony offering views of the communal gardens and can be accessed via a set of French doors.
The kitchen area is fitted with a range of floor and wall mounted units including built in appliances and drawers.
Elsewhere, the apartment has a large double bedroom with floor length window, and a generous, fully tiled contemporary wet room.
Outside - Outside, there is a communal courtyard garden with seating and parking arranged on a first come first served basis.
Additional Notes - Included within the development and available to all the daily management team with 24 hour nighttime cover via private intercom ; communal lounge; visitors suite and mobility scooter/electric parking.
Offering a maintenance free lifestyle, 24 hour monitoring and having been cleverly designed to accommodate wheelchair and mobility aids.
Service/Management Charges - Service charges are charged per calendar month and include these services:- warden control, heating, lighting, personal charge and wellbeing charge.
Service charge - £541.31 from 1st April 2025 Tenure & Possession - The apartment is Leasehold with 121 years remaining.
Local Authority - North West Leicestershire District Council - Tel:01530-454545 Council Tax - Band - B Fixtures And Fittings - Only those items in the nature of fixtures and fittings mentioned in these particulars are included in the sale.
Other items are specifically excluded. None of the appliances have been tested by the agents and they are not certified or warranted in any way. Services - None of the services have been tested.
Please make specific enquires to our Ashby office
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 School Lane, Ashby-De-La-Zouch, LE65
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