1-bedroom property · LE16 7YH
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and spacious second floor retirement apartment in this modern well appointed complex.
The apartment occupies a corner plot on the complex which offers more spacious accommodation than the standard property, and comprises; Entrance hall, 19'9" x 14'6" lounge/diner, fitted kitchen with appliances, double bedroom and wet room.
Elizabeth Place is one of the best appointed retirement complexes in town with facilities including a subsidised restaurant, residents lounge, multiple lifts allowing accessibility, landscaped gardens and seating areas and 24/7 on site care manager with further tailored care facilities if required.
This property is offered with the benefit of NO UPWARD CHAIN and has been extremely competitively priced to achieve an early sale.
Entrance Hall - 4.19m x 1.47m (13'9" x 4'10") - Accessed via composite front door. Electric radiator. Spacious walk-in linen cupboard housing lagged hot water tank.
Lounge/Diner - 6.02m x 4.42m (19'9" x 14'6") - Double-glazed French doors opening out to Juliet balcony to rear. Two radiators. Spacious walk-in storage cupboard. Glazed door to kitchen.
(Lounge/Diner Photo Two) - (Lounge Area Photo) - (Dining Area Photo) - Kitchen - 3.56m x 2.08m (11'8" x 6'10") - Double-glazed window to side elevation. Laminated work-surfaces and splash-backs.
Fitted oven and four-ring electric hob with stainless steel extractor hood over. Fridge and freezer. White high-gloss facing fitted base and wall units.
(Kitchen Photo Two) - Bedroom - 4.60m max x 3.48m (15'1" max x 11'5") - Double-glazed window to rear elevation. Radiator. Television point. Telephone point. Large walk-in wardrobe.
(Bedroom Photo Two) - Wet Room - 2.21m x 2.11m (7'3" x 6'11") - Open walk-in shower with mains shower fitment. Wash hand basin and low-level WC. Tiled flooring. Heated towel rail. Extractor fan.
Lease & Service Charges - At the time of the preparation of details the service charges were £779 per calendar month and the ground rent is £435 per annum.
This information should be checked by a conveyancer prior to entering a legally binding contract to purchase.
Value & comps
No previous sales on record.
Returns
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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 Trimbush Way, Market Harborough
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