2-bedroom flat · LE7 2AJ
Listing removedReduced £10k (−7.1%) on 21 AugListed 92 days
Opportunity summary
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About
**Ideal first-time purchase or investment opportunity, featuring two bedrooms, allocated parking, and bright, well-proportioned accommodation** Situated on the outskirts of Syston, this well-maintained two-bedroom first-floor flat offers bright and practical accommodation throughout, together with allocated residents' parking to the rear.
Accessed via a communal entrance, the welcoming hallway provides access to all principal rooms and benefits from a versatile space beneath the rear-facing window, currently arranged as a home office but equally suited to coats and shoe storage.
The hallway also includes an airing cupboard with space for a tumble dryer and a useful storage cupboard housing the utility meters.
The spacious kitchen/living room enjoys excellent natural light from a bay-fronted window in the living area, complemented by a further side-facing window.
The kitchen is fitted with a range of units and includes an integrated single oven with four-ring electric hob, sink positioned beneath the rear-facing window, space for a fridge freezer, washing machine and dishwasher, with the boiler neatly concealed within a cupboard.
There are two bedrooms, with the principal bedroom benefitting from built-in wardrobes, whilst the second bedroom offers flexible accommodation suitable for guests, children or home working.
Completing the accommodation is a well-appointed bathroom featuring a bath with shower over, WC, wash hand basin, heated radiator, rear-facing obscured window, fully tiled shower surround and tiled splashbacks.
The property further benefits from allocated residents' parking and occupies a convenient position on the outskirts of Syston, providing easy access to local amenities, transport links and nearby countryside walks.
Tenure Information Tenure: Leasehold Ground Rent: £150 per annum Service Charge: £931.19 every 6 months Entrance Hall Kitchen Living Room (6.3m x 3.73m) Bedroom One (3.39m x 3.06m) Bedroom Two (3.24m x 1.89m) Bathroom (2.12m x 1.95m)
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.
Area
Agent & docs
FAQ
About Flat 4, 187, Barkby Road, Leicester
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