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See how verdicts work1-bedroom flat · LE18 2LD
Listing removedReduced £10k (−6.7%) on 21 JunListed 451 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in ready to move in condition is this fabulous ground floor apartment that is presented in immaculate condition throughout.
The ground floor apartment is access via a secure entry foyer with an adjacent inner hallway leading to the apartment.
On entering the apartment, the hallway has doors leading off to all the rooms in the property and a storage cupboard to the side with the electric central heating boiler system.
There is one well presented double bedroom with having fitted wardrobes, the open plan modern fitted kitchen-living room is a great place to relax and unwind, whilst also creating a great place to be able to entertain, returning to the hallway a door off leads to the amazing four piece modern bathroom suite with bath, separate shower cubicle, wall mounted wash hand basin and low level flush WC.
Outside, the residents private car park is accessed by secure automatic barrier and leads to the allocated parking space and visitors parking.
To the rear of the complex is are the communal gardens which has various plants and shrubs, two laws with central pathway leading to the raised decking seating area.
This lovely ground floor One bedroom apartment benefits from having no upward chain, electric central heating system and double glazing.
To find out more, contact your local Hunters estate agents Wigston to arrange your accompanied viewing.
Entrance Hall Lounge/Kitchen (4.34 x 6.87 (14'2" x 22'6")) Bedroom One (3.87 x 3.86 (12'8" x 12'7")) Bathroom (1.80 x 2.73 (5'10" x 8'11")) Outside Material Information - Wigston Verified Material Information Council Tax band: A Tenure: Leasehold Lease length: 250 years remaining (233 years from 2008) Ground rent: £841 pa Service charge: £2161.68 pa Property type: Flat Property construction: Standard undefined construction Energy Performance rating: C Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Electricity-powered central heating is installed.
Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Great, Vodafone - Great, Three - Great, EE - Great Parking: Allocated Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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.
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FAQ
About Flat 6, Lanes Court, Cross Street, Wigston
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