1-bedroom flat · LE2 7AX
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price of £120,000 - £130,000 ideal first time buy or investment opportunity!
A stylishly appointed third floor one bedroom apartment situated within Freemans Meadow development, located in the fashionable West End city suburb of Leicester, being well served for Braunstone Gate with its array of specialist coffee bars, restaurants & bistros, the Royal Infirmary, De Montfort University and City Centre.
The accommodation would provide an ideal Starter Home or Investment Opportunity and briefly comprises entrance hallway, open plan lounge-kitchen with decked balcony, fitted kitchen with appliances, one double bedroom and a bathroom.
The property has one allocated parking space and communal gardens. Early viewing highly recommended call barkers Entrance Hallway Front door, radiator, entry phone, cupboard housing water tank.
Lounge Area (5.23 x 4.96 (17'1" x 16'3")) Two radiators, spotlights, double glazed window to front aspect and double glazed sliding doors to front leading onto balcony.
Other Aspect Kitchen (2.96 x 2.40 (9'8" x 7'10")) Fitted units with worktops, sink with drainer, integrated fridge freezer, four ring gas hob with oven and extractor, cupboard housing teh boiler, plumbing for washing machine and dish washer, tiled floor, double glazed window to front aspect.
Balcony (4.29 x 1.57 (14'0" x 5'1")) Facing the front of the property, with decking Bedroom One (3.59 x 2.96 (11'9" x 9'8")) Radiator, double glazed window to front aspect.
Bathroom (2.30 x 1.91 (7'6" x 6'3")) Bath with mains shower, pedestal wash hand basin, low level W/C, heated towel rail, spotlights, tiled floor and part tiled walls, fitted mirror attached to wall.
Lease Managing Agents Premier Estates Lease 155 years from 1 January 2003 Service charge £710.71 per quarter. Ground Rent £150 Per Year. Free Valuation Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Barkers to arrange a mutually convenient appointment on Tel: General Remarks We are unable to confirm whether certain items in the property are in fully working order (i.e.
Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate.
Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner.
Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
Money laundering Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
Passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
Mortgages Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
Viewing times Viewing strictly by appointment through Barkers Estate Agents. Hours of Business: Monday to Friday 9am -5pm Saturday 9am - 4pm
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 Apt 29, 67, Watkin Road, Leicester
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