Summary - Flat 87 Aria Apartments, 42, Chatham Street LE1 6AZ
1 bed 1 bath Apartment
Large one-bedroom penthouse with immediate rental income and lift access.
Sixth-floor penthouse with lift access to all floors
Large 894 sq ft one-bedroom — more space than typical city flats
Minutes from station and city centre — excellent commuter link
Fully integrated kitchen with fridge, hob, oven, washer-dryer, dishwasher
Current tenant in place until June 2026 — immediate rental income
Leasehold tenure; CHAIN FREE sale but check lease terms and service charges
Electric room heaters only — likely higher energy costs, no gas central heating
Located in a very deprived, very high crime area — consider tenant/resale impact
A roomy one-bedroom penthouse on the sixth floor of a contemporary Aria Apartments block, this flat offers easy access to Leicester station and the city centre — ideal for commuters and city renters. The lift serves all floors and the open-plan living space includes a fully integrated kitchen with sensible appliance set-up, supporting hassle-free tenancies.
The property is currently let to a tenant until June 2026, presenting an immediate income stream for investors. At 894 sq ft, the flat is unusually large for a one-bedroom city apartment, giving flexibility for a comfortable one-bed layout or higher-yield rental configurations aimed at professionals or students.
Buyers should note material drawbacks: the property is leasehold and heated by electric room heaters (no central gas heating), which can mean higher running costs and fewer incentives for mid-term refurbishment. The surrounding area is classified as very deprived with a very high crime rate, typical of dense city/student neighbourhoods; this may affect certain tenant profiles and resale considerations.
Overall this CHAIN-FREE penthouse suits investors seeking immediate rental income in a central, well-connected location and first-time buyers able to accept electric heating and an urban setting. The lift access and integrated kitchen appliances reduce short-term maintenance needs, but buyers should budget for potential energy and security-related considerations.
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