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See how verdicts work1-bedroom flat · LE8 4BU
Listing removedListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented second floor retirement apartment.
Superb location in easy walking distance of Blaby Village, owned off road parking space, electric under floor heating, uPVC double glazed, decorated throughout and excellent communal facilities.
The accommodation briefly comprises of hall, shower room, lounge, modern fitted kitchen and double bedroom. Viewing is highly recommended to appreciate the accommodation on offer. Leasehold.
Ground Rent 425.00 per annum Service charge £254.42 per month Lease length 999 years from 1st January 2017 Minimum age of 60 years old.
Mulberry Court was designed and built by McCarthy & Stone specifically for independent retirement living.
The dedicated House Manager is on site during their working hours to take care of the development.
There's no need to worry about the burden of maintenance costs as the service charge covers the covers the costs of all external maintenance, gardening and landscaping, external window cleaning, buildings insurance, water rates and security systems, as well as cleaning and energy costs of the Home Owners lounge and other communal areas.
The homeowners lounge provides a superb space for you to meet with friends and neighbours.
When you have guest visiting from afar, there is also a guest suite on-site meaning they can extend their stay (usually for a fee of around £35.00 per night).
Should you need assistance (day or night) McCarthy & Stone have installed a system that operates through a pull cord and can summon help whenever you need it.
For added security the apartments are fitted with secure video entry systems linked to your TV, Situated within the charming little suburb of Blaby, providing an array of local shops and amenities.
Alternatively, one of Britain's biggest out-of-town shopping centres, Fosse Park is less than 2 miles from the development and offers over 30 stores (including Marks & Spencer, Boots and Next) and several restaurants.
Entrance Hall With good size storage utility/cupboard including plumbing for washer/drier which is included in the sale.
Shower Room (2.62m Max x 1.69m Max (8' 7" Max x 5' 7" Max)) Fitted suite comprising of walk in double shower with screen, low flush wc, wash hand basin, vanity unit, heated towel rail and tiled floor.
Bedroom 1 (4.07m Max x 2.95m Max (13' 4" Max x 9' 8" Max)) With fitted double wardrobe, rear facing window, telephone and television point.
Lounge-Diner (5.25m Max x 3.45m Max (17' 3" Max x 11' 4" Max)) With television and telephone point, rear facing Juliet Balcony with lovely views over the garden.
Kitchen (2.42m Max x 2.20m Max (7' 11" Max x 7' 3" Max)) Fitted kitchen with integral electric oven, electric hob, extractor hood, fridge/freezer, dishwasher, stainless steel sink, hot and cold mixer tap and tiled floor.
Outside The property has the added advantage of beautifully maintained communal gardens and own off road parking space.
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.
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FAQ
About Apt 36 Mulberry Court, Enderby Road, Leicester
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