Summary - HERMITAGE COURT 3 HONEYWELL CLOSE OADBY LEICESTER LE2 5QQ
1 bed 1 bath Flat
Ground-floor, income-producing one-bed with gated parking and short lease..
Currently tenanted at £775 pcm — immediate rental income
This ground-floor one-bedroom flat in Hermitage Court is offered with a sitting tenant, producing £775 pcm — an immediate rental income stream for investors. The open-plan living/kitchen, integrated appliances and allocated gated parking make it a straightforward, low-maintenance let in a modern block built c.1996–2002.
Practical running costs are reasonable: EPC C, gas central heating, UPVC double glazing and Council Tax band B. The location sits close to Oadby Parade, good local amenities and several well-regarded schools, supporting steady tenant demand from professionals or local families.
Important considerations are the lease and local environment. Only 82 years remain on the lease, which will require extension sooner rather than later; there is an option to extend but this will incur legal and premium costs. The area records above-average local crime and a medium flood risk — both factors to weigh for long-term capital growth and insurance costs.
For an investor seeking an immediate income-producing property in a well-connected suburb, this flat offers convenience and low-management appeal. Budget for lease extension and review insurance/mitigation relating to flood and local crime statistics before purchase.
1 bedroom flat for sale in Flat 74, Hermitage Court, Honeywell Close,, LE2 — £110,000 • 1 bed • 1 bath • 582 ft²
1 bedroom flat for sale in Flat 77, Hermitage Court, Honeywell Close, Oadby, LE2 — £110,000 • 1 bed • 1 bath • 560 ft²
1 bedroom flat for sale in Flat 75, Hermitage Court, Honeywell Close, Oadby, LE2 — £110,000 • 1 bed • 1 bath • 603 ft²
1 bedroom apartment for sale in Honeywell Close, Oadby, Leicester, LE2 — £110,000 • 1 bed • 1 bath • 560 ft²
2 bedroom apartment for sale in Honeywell Close, Oadby, Leicester, LE2 — £150,000 • 2 bed • 1 bath • 602 ft²
2 bedroom flat for sale in Flat 2, Hermitage Court, Honeywell Close, Oadby, LE2 — £150,000 • 2 bed • 2 bath • 743 ft²
