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See how verdicts work2-bedroom flat · LE17 4DY
Sold STCListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"With its close proximity to town centre amenities and benefiting from off road parking and a garage, this two bedroom first floor flat will appeal to a broad audience.
The deceptively spacious accommodation consists of entrance hall, lounge/diner, kitchen, two double bedrooms and a shower room.
Outside, the property enjoys two allocated off road parking spaces and a single garage as part of a block. The property is also being offered with No Upward Chain.
Viewing is considered essential to fully appreciate this property." Entrance Hall uPVC entrance door, loft access, communicating doors.
Lounge/Diner - 4.60m x 3.26m (15'1" X 10'8") Two uPVC double glazed windows to the front aspect, radiator, wood effect laminate flooring, communicating door to..
Kitchen 3.35m x 2.09 (11' X 6'10") Fitted with a range of wall and base level units, work surfaces over, inset stainless steel circular sink with mixer tap, tiling to water sensitive areas, gab hob with extractor over, built in electric oven, appliance spaces for washing machine, slimline dishwasher and fridge, wall mounted gas central heating combination boiler, wood effect laminate flooring, uPVC double glazed window to front aspect.
Bedroom One 4.54m x 2.82m (14'11" X 9'3") uPVC double glazed window to rear aspect, radiator.
Bedroom Two 4.54m x 2.29 max (14'11" X 7'6") uPVC double glazed window to rear aspect, radiator.
Shower Room Fitted suite comprising corner low level flush w.c., circular wash hand basin mounted onto a wooden vanity unit, corner shower cubicle, tiling to water sensitive areas, inset ceiling downlights, chrome ladder style towel radiator, wood effect laminate flooring, obscure UPVC double glazed window to side aspect.
External Grounds The property is accessed over a shared gravelled driveway giving access to all five apartments. through archway.
There is a car parking area with allocated parking for two vehicles plus a garage in a block. A shared stairwell leads to the property's entrance door.
Single Garage/Parking A single garage as part of a block with up and over door and two allocated off road parking spaces.
Miscellaneous Harborough District Council Council Tax Band B £1,899.36 N.B. There is a lease on the property dated 3rd April 2014 for a period of 999 years.
We have been informed by the current vendor that there are no ground rent or service charges applicable.
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 Gilmorton Road, Lutterworth, LE17
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