2-bedroom flat · LE1 3RF
Sold STCListed 155 days
Opportunity summary
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About
FULL DESCRIPTION A spacious and modern two bedroom apartment located in the heart of the city centre. Accommodation comprises entrance hall, lounge/dining and fully fitted kitchen and bathroom.
Benefits from secure entry system and gated allocated parking. Currently tenanted achieving £975.00pcm. No chain.
ENTRANCE HALL 9' 3 (max measurements)" x 7' 10 (max measurements)" (2.82m x 2.39m) The entrance to the apartment is from the communal hallway.
Leading off the entrance hall are all the rooms to the apartment. There is a built in wardrobe, entry phone system and a radiator. The flooring is hard floor.
OPEN PLAN LOUNGE / KITCHEN 21' 8 (max measurements)" x 15' 6 (max measurements)" (6.6m x 4.72m) To the far right hand side of the entrance hall is a spacious open plan living and kitchen area.
The flooring is hard floor. There are three large double glazed windows allowing ample light into the room. The kitchen area is fully fitted with modern units. There are two radiators.
BEDROOM ONE 15' 11 (max measurements)" x 10' 2 " (4.85m x 3.1m) The main bedroom is a large double with the benefit of a built in wardrobe. The flooring is hard flooring. There is an electric heater.
BEDROOM TWO 11' 6" x 6' 10 (max measurements)" (3.51m x 2.08m) Bedroom two is a single bedroom. The flooring is hard flooring. There is an electric heater.
BATHROOM 7' 8 (max measurements)" x 5' 6" (2.34m x 1.68m) The bathroom has a shower cubicle, white wash basin and WC. The flooring is tiled. The walls are tiled. There is an electric heater.
OUTSIDE Allocated Parking. LEASE DETAILS Lease Remaining 101 years Service Charge £3,216.70 Ground Rent £250
Value & comps
No previous sales on record.
Returns
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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 Metropolitan Apartments, 20 Lee Circle, Leicester
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