1-bedroom flat · LE7 4PN
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description ** Available Now ** Fair-Way Properties are pleased to offer this brand new one bedroom maisonette located on the popular Broadnook Garden Village development situated conveniently off the A6 and within a short drive of Leicester City centre.
The property comprises of an entrance hallway leading upstairs to an open plan living room and a modern fitted kitchen area which includes a built-in oven with a ceramic hob, and an extractor above.
There is also an integrated washing machine, a fridge freezer, and a microwave.
Off of the kitchen there is a small hall that provides access to the bedroom, a storage cupboard, and the shower room with a modern white suite and a large, enclosed shower enclosure.
The property benefits from Gas Central Heating and UPVC double glazing throughout.
Below the property there is off road sheltered parking for two cars side by side, with a storage cupboard accessed from the front of the property.
The property is available to rent on an unfurnished basis. This advert only shows the calendar monthly rental cost of the property.
A Holding Deposit is payable upon applying for the property and will be used towards the first month's rent if your application is successful. See our website for Holding Deposit terms and conditions.
The Holding Deposit for this property is £200. The Security Deposit for the property is £975. Council Tax: Not Yet Rated - Expected Band B or C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About 12, Lamiel Lane, Leicester
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