2-bedroom flat · LE8 4HW
Listing removedReduced £10k (−6.1%) on 21 JunListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City living in the heart of Blaby village, this well-presented two-bedroom apartment, located on the first floor, offers wonderful living accommodation over two floors.
Accessed via a security door into a shared lobby, a staircase leads to the first floor. And access into the apartment.
On entering into the apartment, the entrance hall provides access to a useful storage cupboard and a convenient cloakroom having a low level wc and wash hand basin, stairs lead to the first floor.
A door opens up into the open-plan living areas, where the real highlight awaits: A stylish, open-plan kitchen, lounge and dining area.
Thoughtfully designed to feel modern and effortless, this spacious living space is ideal for relaxing, entertaining, and making the most of everyday comfort.
The newly installed modern kitchen area is fitted with units, an integrated oven, electric hob, integrated fridge freezer, integrated dishwasher, and plumbing for a washing machine, offering both style and practicality.
The living and dining area is spacious, with room for more than one sofa as well as a dining table, perfect for entertaining friends and family.
Upstairs, the apartment comprises two well-proportioned double bedrooms, each benefiting from built-in storage space.
The contemporary family shower room, also recently fitted, has been tastefully updated and features a walk-in shower, WC, and wash hand basin. Externally gated access leading to allocated parking.
This property would make an ideal purchase for first-time buyers, investors, or those looking to downsize.
There are charges payable, as this is a leasehold property, which will need to be verified with the solicitors on purchase, the current owner advises that there is an annual ground rent of £150, split into two payments throughout the year.
Last year, the previous owner had paid two payments of £901.82 for service charge, in July and December. Call nest your local family agent for an early viewing.
Entrance Hall Open Plan Living Kitchen Diner (5.41 x 4.67 (17'8" x 15'3")) Downstairs Wc Bedroom One (4.65 x 2.90 (15'3" x 9'6")) Bedroom Two (3.28 x 2.90 (10'9" x 9'6")) Shower Room (2.90 x 2.21 (9'6" x 7'3"))
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
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FAQ
About Apartment 15, Orchard Mews, Sycamore Street, Leicester
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