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See how verdicts work2-bedroom flat · LE17 4UL
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"This well presented two bedroom first floor apartment is situated on the highly regarded development of properties for the over 55’s known as ‘Holly Lodge’.
Residents here enjoy independent living but can also use the communal facilities including a lounge, laundry and communal gardens. For that extra peace of mind there is a 24 hour emergency careline.
Step inside to find accommodation comprising of an entrance hall, stairs to first floor landing, guest cloakroom, lounge with feature fireplace, stylish kitchen with integrated appliances, principal bedroom with en-suite and guest bedroom/study.
Outside, there is allocated off road parking, a spacious store room and communal gardens to enjoy." Entrance Hall Composite entrance door, stairs rising to first floor.
Landing uPVC double glazed window to rear aspect, modern electric thermostatically controlled heater, access to partially boarded loft with ladder, emergency careline system, communicating solid oak doors.
Guest Cloakroom Comprising of low level flush w.c.
with concealed cistern, wash hand basin with vanity storage and tiled splashback, chrome ladder style towel radiator, inset ceiling LED down lights, extractor fan.
Lounge 4.02m (13'2") x 3.91m (12'10) max uPVC double glazed window to rear and side aspects, feature fireplace incorporating flame effect electric fire, television aerial point, telephone point, modern electric thermostatically controlled heater.
Kitchen/Diner 4.35m (14'3") x 3.05m (10') Fitted with a range of wall and base level units with roll top edge work surfaces over, one and a half bowl stainless steel sink and drainer unit with mixer tap over, integrated eye level 'Beko' double electric fan assisted oven, integrated 'Beko' microwave, integrated 'Beko' fridge/freezer, integrated 'Cooke & Lewis' dishwasher, integrated 'Hotpoint' washing machine/tumble dryer, larder unit incorporating 'Joule' high efficiency hot water cylinder tank with timer, ceramic tiled splashbacks, plinth heater, integrated wine cooler, inset ceiling LED down lights, two uPVC double glazed windows to front aspect, modern electric thermostatically controlled heater, wood effect laminate flooring.
Bedroom One 4.28m (14'1") x 3.96m (13') max uPVC double glazed window to front and side aspects, modern electric thermostatically controlled heater, fitted wardrobes with hanging rails and shelves, communicating door to: En-Suite Fitted white suite comprising low level flush w.c.
with concealed cistern, wash hand basin including vanity storage, walk in shower cubicle with 'Triton' electric shower, ceramic tiling to water sensitive areas, inset ceiling LED down lights, extractor fan, chrome ladder style towel radiator, vinyl flooring, obscure uPVC double glazed window to front aspect.
Bedroom Two 3.21m (10'6") max x 2.31m (7'7") Currently used as a study with uPVC double glazed window to side aspect, modern electric thermostatically controlled heater.
Garden/Parking To the front there is a paved path, external light, canopy over entrance door, door to store which has power and light connected, and access to communal gardens.
There is also an allocated parking space.
Miscellaneous Harborough District Council Council Tax Band C £2,170.69 Key features of the property include a part time warden, communal lounge, laundry and gardens and a 24 hour emergency careline system.
Please note that there is a service charge of approximately £309.00 payable per calendar month to First Port Retirement Property Services.
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 The Hawthorns, Lutterworth, LE17
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