1-bedroom flat · LE2 2PY
For saleListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor retirement apartment with direct access onto communal gardens Hendon Grange is conveniently situated in the Stoneygate area close to Supermarkets, Health Centre, Pharmacy, Tennis club and Uplands Park.
Hendon Grange was constructed by Anglia Secure Homes and comprises a mixture of one or two bedroom bungalows, two or three bedroom cottage style properties and one or two bedroom apartments.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. It is a condition of purchase that residents be over the age of 55 years.
Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property. Accommodation Front door to Entrance Hall Light switch, ceiling light point.
Airing cupboard with insulated hot water cylinder, electric meter and storage space. Doors off to living room, bedroom and bathroom.
Living Room With Patio Door Onto Communal Gardens Patio door leads to communal gardens.
Ceiling light fittings, storage heater, power points, TV aerial point, telephone point, security door entry system, emergency pull cord.
An archways leads to the Kitchen Tiled and fitted with stainless steel sink unit, wall and floor cupboards with work tops. Electric oven and hob. Space for fridge/freezer. Space for washing machine.
Power points. Strip light. Bedroom With Window Overlooking The Front Built in wardrobe with hanging rail and shelf over. Storage heater, ceiling light fittings, power points, emergency intercom.
Bathroom Tiled and fitted with suite comprising walk in shower, WC with low level flush and wash basin with mirror over. Strip light, extractor fan, wall mounted electric heater.
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
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FAQ
About 44, Hendon Grange, Leicester
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