1-bedroom flat · LE3 0PE
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free | Ideal First-Time Buy or Investment | Estimated £725 PCM Rental | Shared Garden This well-presented one-bedroom flat is offered for sale with no upward chain, making it an excellent opportunity for both first-time buyers and buy-to-let investors.
Ideally located on the ever-popular Narborough Road, the property benefits from immediate access to a wide range of shops, cafés, restaurants, and excellent transport links, providing convenient city living.
The accommodation comprises a spacious double bedroom, a bright and comfortable living area, a modern fitted kitchen, and a clean, well-maintained bathroom.
The layout offers practical, low-maintenance living and is perfectly suited to a single professional or couple.
Externally, residents benefit from access to a shared garden, providing a pleasant outdoor space to relax.
Investment Potential: The property is expected to achieve approximately £725 per calendar month in rent, representing a gross yield of around 9.6%, making it an attractive addition to any rental portfolio.
Leasehold information - Annual Service Charge £1680, Length Of Lease - 979 Yrs Remaining.
With its excellent location, strong rental potential, and chain-free status, this property presents a fantastic opportunity for buyers seeking a well-located and affordable home or investment.
Disclaimer Disclaimer: Money Laundering Regulations: Buyers will need to provide identification documents once an offer is accepted.
This is required to complete anti-money laundering (AML) checks. Please note, a fee is charged per person for these checks.
Property Details: The information provided does not form part of an offer or contract for the property’s sale. Measurements: All measurements are for guidance only.
We recommend prospective buyers verify dimensions before incurring any expenses. Appliances and Fixtures: Sheldon Bosley Knight has not tested any equipment, fixtures, or services.
Buyers are advised to check the condition and functioning of appliances independently. Legal Title: Sheldon Bosley Knight has not verified the legal ownership of the property.
Buyers should obtain confirmation through their solicitor.
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
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 Narborough Road, Leicester, LE3
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