1-bedroom flat · LE9 7FS
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - Close to the town centre and local amenities, this one-bedroom duplex apartment is a great opportunity for first-time buyers or investors.
The accommodation includes an entrance hallway, lounge, kitchen diner, one double bedroom, and a bathroom.
Additional features include double glazing, electric heating, and off-road gated parking for one car.
ENTRANCE HALLWAY Doors to all rooms, paddle stairs to spacious bedroom LOUNGE 15' 0" x 11' 6" (4.59m x 3.53m) Two double glazed windows to front, electric wall heater, laminate wood flooring.
KITCHEN/BREAKFAST ROOM 7' 3" x 24' 3" (2.21m x 7.4m) Modern fitted kitchen comprising of a matching range of base, wall and drawer units with work surfaces above and inset sink unit with mixer tap.
built in electric over and hob with extractor hood above, double glazed window to rear, electric wall heater, part tiled walls, ceramic tiled and wood flooring, storage cupboard housing hot water cylinder.
BEDROOM 15' 0" x 18' 1" (4.59m x 5.53m) Spacious area with sloping ceilings, two Velux roof lights, electric wall heater, laminate wood flooring.
BATHROOM 5' 8" x 7' 11" (1.73m x 2.42m) White suite comprising panelled bath with mixer tap, glazed shower screen, electric shower unit, pedestal hand wash basin with mixer tap, low level WC, part tiled walls, obscure double glazed window.
OUTSIDE There is a gated car park with one allocated space.
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 New Street, Earl Shilton
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