2-bedroom flat · LE16 7NL
Under offerListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“An Excellent Retirement Opportunity” Set back from the road and neatly tucked away just off the High Street, Paddock Court enjoys a peaceful and secluded setting while remaining conveniently located within Market Harborough’s thriving town centre.
Offered for sale with no upward chain, this two-bedroom ground floor apartment provides an excellent opportunity for those looking for over 55’s retirement living.
This property offers an excellent position within a stone’s throw of the town centre, local amenities and just short a walk of the bus, train station and local supermarkets.
The property is of leasehold tenure, with a 99-year lease from 1984 with approximately 57 years remaining. There is an annual service charge to Platform Housing of £985.92.
There is also an additional cost of £35 every 3 months to contribute towards the garden maintenance and window cleaning.
The property is accessed via a secure communal entrance hall, with the apartment situated on the ground floor to the left.
Inside, a welcoming entrance hall features laminate flooring, an airing cupboard, and a useful storage cupboard conveniently located by the front door.
The well-proportioned living room is situated to the front elevation with a large front facing window.
The kitchen overlooks the communal gardens to the rear elevation and provides space for a breakfast table and chairs.
The kitchen features eye and base level units, a roll-top work-surface, a stainless-steel sink and space for free-standing appliances.
Two bedrooms with the main bedroom being double in size, overlooking the front elevation, and the second bedroom located to the rear offering a single size room with a communal garden outlook.
Modern shower room with attractive shower wall boards, a chrome heated towel rail and a white three-piece suite to include a large walk-in shower, a wash hand basin with a cupboard beneath and a low-level WC.
Residents benefit from a communal car park with one allocated parking space, as well as additional visitor parking.
The beautifully maintained communal gardens provide a tranquil space to relax and enjoy the surroundings.
Living Room - 4.09m x 3.53m (13'5" x 11'7") Kitchen - 4.04m x 2.26m (13'3" x 7'5") Main Bedroom - 4.17m x 2.79m (13'8" x 9'2") Bedroom Two - 2.82m x 2.01m (9'3" x 6'7") max Shower Room - 1.91m x 1.83m (6'3" x 6'0")
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
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FAQ
About High Street, Market Harborough, LE16 7NL
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