Summary - Lee Street, City Centre, Leicester LE1 3AJ
2 bed 1 bath Apartment
Ready-let investment with concierge and gym close to transport and shopping.
Two-bedroom city-centre apartment, c.435 sq ft
This compact two-bedroom apartment in Leicester city centre sits moments from Highcross Shopping Centre and the railway station, making it highly accessible for commuters and students. The open-plan lounge/kitchen, modern fitted kitchen and neutral finishes offer straightforward, low-maintenance living suitable for immediate occupation or continued rental.
The building provides managed-living benefits including concierge, on-site gym, lift access and secure intercom. The current tenancy at £850 pcm presents an immediate income stream for an investor; leasehold details are clear with c.108 years remaining.
Running costs and tenure are important considerations: the service charge is approximately £2,223 pa and ground rent £200 pa. The apartment is small (c.435 sq ft), so space is limited compared with suburban flats. The location is in a deprived, high-crime area, which may affect tenant profiles and resale strategy.
Overall this is a practical city-centre investment or first-step purchase for someone prioritising location and management convenience over private outdoor space or generous internal floor area. Buyers should verify lease and tenancy documents and note communal service charges when assessing long-term returns.
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