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See how verdicts work2-bedroom flat · LE8 6ZH
Listing removedReduced £5k (−3.7%) on 21 JunListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a dedicated over 55’s development, this first-floor apartment offers a comfortable and practical home in a welcoming community.
Residents benefit from allocated parking and communal outdoor space, providing a peaceful environment to enjoy. Offered for sale with no upward chain, an internal viewing is highly recommended.
Entering via the hallway, stairs lead to the first floor where you are greeted by a spacious living/dining room overlooking the communal rear gardens.
The room is bright and versatile, perfect for relaxing or entertaining. A door from the living/dining area leads to the kitchen at the front of the property.
Fitted with a range of wooden wall and base units, work surfaces, and a sink with drainer, the kitchen also provides space for an oven, plumbing for a washing machine, and space for a fridge freezer.
There is also ample room for a table and chairs. The apartment comprises two double bedrooms, both filled with natural light.
Bedroom one is positioned at the front, while bedroom two is at the rear and features fitted wardrobe space to maximise storage.
The bathroom is fitted with a three-piece suite including a low-level WC, hand wash basin, and a walk-in shower.
Externally, the development offers residents’ parking at the front and a well-maintained communal garden area to the rear.
Please note: The property is subject to a Re-Sales Administration Fee of £350.00 + VAT, a contribution to the Major Repairs Fund of 2% of the original purchase price, and the Association’s Legal Fees of £450.00 + VAT.
There is also a service charge of £204.30 pcm. These fees are standard within the terms of the property’s management arrangements.
Living/Dining Room (3.68m x 6.99m (12'01 x 22'11)) Kitchen (3.66m x 2.24m (12 x 7'04 )) Bedroom One (11'06 x 9'02) Bedroom Two (3.73m x 3.25m (12'03 x 10'08 )) Shower Room (1.70m x 2.29m (5'07 x 7'06))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 10, Winterburn Gardens, Leicester
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