1-bedroom flat · LE2 5QQ
Listing removedListed 158 days
Opportunity summary
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About
Newton Fallowell have the pleasure in marketing this impressive 1 Bedroom Ground floor apartment located within the original part of Hermitage court with Feature Bay window and doors to own private balcony courtyard, spacious bedroom with dressing area, sep bathroom and hallway, Open plan living dining kitchen, close to Oadby centre, gated complex with parking, offered to the market with No Chain.
EPC rating: C.
Description: This neutrally decorated one-bedroom flat is offered **for sale** in a sought-after residential area of Oadby within Hermitage Court a gated block of apartments, ideally suited to first-time buyers and investors.
The property features an entrance hallway via the communal entry leading to an open-plan lounge dining and kitchen, creating a practical living and dining space.
The focal point of the room is a large round bay feature window providing natural light with door leading to a private courtyard/balcony area.
Which adds useful outdoor space for relaxation or entertaining. The kitchen area provides defined dining space and is arranged to make effective use of the open-plan design.
The double master bedroom offers well-proportioned accommodation with a dressing room area, and the apartment includes one bathroom. The property falls within Council Tax Band A.
Located in the LE2 area of Leicester, the flat benefits from convenient access to local amenities, including shops, cafés and everyday services found along nearby local parades and around the Wigston and Oadby areas.
Green spaces such as Knighton Park and Aylestone Meadows are within easy reach, offering walking routes, play areas and riverside paths.
Public transport links are readily available, with regular bus services providing direct routes into Leicester city centre, the universities and major employment hubs.
Leicester railway station, accessible by bus or a short drive, offers services to London St Pancras in around 1 hour 10 minutes, as well as direct connections to Nottingham, Derby and Sheffield.
This apartment presents a practical home or investment opportunity in a well-connected Leicester location with garden access and an efficient open-plan living arrangement.
We understand the property to be Leashold with vacant possession upon completion.
Oadby & Wigston District - Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band. Viewings are strictly by appointment only.
In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g. Passport, driving licence, bus pass etc) and proof of address (e.g.
Current utility bill, bank statement etc). You will also be asked to provide us with proof of how you will be funding your purchase.
Please note that when making an offer, if you are taking out a mortgage, you will also be asked to have a no obligation chat with our 'in branch' mortgage adviser to confirm your affordability.
We ask for your cooperation in this matter. We ask for your cooperation in this matter as this information will be required before a sale can be agreed.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
All photographs, measurements (width x length), floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings.
All services and appliances have not and will not be tested by Newton Fallowell.
Lease details, service ground rent are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. We retain the copyright.
Newton Fallowell and our partners provide a range of services to our vendors and purchasers, although you are free to choose an alternative provider.
If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers and we will receive a referral fee should you decide to use them to sell or purchase a property.
We can also refer you to a surveyor and energy assessor and we will receive a referral fee should you use their services.
If you require more information regarding our referral programmes, please ask at our office. If you have a house to sell then we would love to provide you with a free no obligation valuation.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 75, Hermitage Court, Honeywell Road, Oadby
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