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See how verdicts work2-bedroom flat · LE3 6PG
Listing removedListed 379 days
Opportunity summary
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About
A well presented ground floor flat with an extended lease until March 2120 meaning there are 95 years remaining.
This lovely flat is situated in a select development of just 16 apartments on two floors in a cul-de-sac setting close to excellent local amenities, shops, schools, regular public transport & major road links.
Gas central heating, UPVC double glazing. Good sized accommodation comprises hall, 15' lounge, kitchen with oven & hob, 2 double bedrooms, shower room with white suite.
Communal gardens, garage in a block. Leasehold. Council tax band A Entrance Hall - UPVC double glazed entrance door, laminate flooring, cloaks cupboard, radiator.
Lounge - 4.60m x 3.80m (15'1" x 12'5") - UPVC double glazed window, fitted carpet, radiator. Breakfast Kitchen - 2.72m x 2.66m (8'11" x 8'8") - UPVC double glazed window, vinyl flooring, radiator.
Fitted with a range of base, drawer & eye level units, work surfaces, stainless steel sink unit with mixer tap. Built-in electric double oven, gas hob with extractor hood, radiator.
Provision for washing machine. Bedroom One - 3.96m x 3.21m (12'11" x 10'6") - UPVC double glazed window, fitted carpet, radiator, built-in wardrobes.
Bedroom Two - 3.26m x 2.77m (10'8" x 9'1") - UPVC double glazed window to front, fitted carpet, radiator, cupboard housing Worcester combination boiler.
Shower Room - 2.51m x 2.32m (8'2" x 7'7") - UPVC double glazed window, chrome heated towel rail, vinyl flooring, waterproof wallboarding, extractor fan, mains shower, glass screen, pedestal wash hand bain, wc.
Outside - Communal gardens, garage in block.
Local Authority & Council Tax Information Lcc - This property falls within Leicester City Council ( It has a Council Tax Band of A which means a charge of £1605.15 for tax year ending March 2026 Please note: When a property changes ownership local authorities do reserve the right to re-calculate council tax bands.
For more information regarding school catchment areas please go to Lease Details - We understand that the lease has been extended until 24 March 2120 therefore there are 95 years remaining.
There are annual charges as follows: Ground Rent: £50; Service Charge: £733; Buildings Insurance: £314
Value & comps
No previous sales on record.
Returns
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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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About Bursdon Court, Glenfield Border
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