Summary - 33 Grand Union Embankment, Leicester LE3 5FQ
2 bed 1 bath Flat
Compact modern apartment with balcony and strong rental potential near Leicester centre.
Approximately 570 sqft (53 sqm) modern second-floor apartment
Large wrap-around balcony with canal and riverside views
Open-plan living kitchen with integrated appliances
Allocated off-street parking for one vehicle
995-year lease — long and secure tenure
Estimated rental value £15,000 pa (£1,250 pcm)
Service charge £1,050 pa; ground rent £200 pa (ongoing costs)
Local area: deprived with higher crime and heavy student presence
This modern second-floor apartment occupies approximately 570 sqft within a red-brick riverside development on Grand Union Embankment. The open-plan living/kitchen area has integrated appliances and opens to a large wrap-around balcony with clear views over the Grand Union Canal — ideal for morning coffee or evening relaxation.
The property offers two bedrooms, a contemporary shower room and allocated off-street parking for one vehicle. The 995-year lease and an estimated rental value of £15,000 pa make it straightforward for buy-to-let investors; it also suits first-time buyers seeking a low-maintenance city-base close to Leicester centre.
Be clear that the local area scores as deprived with a higher crime rate and a significant student population nearby, which may affect long-term owner-occupier expectations. Service charge (£1,050 pa) and ground rent (£200 pa) are modest but ongoing. Overall this is a compact, modern riverside flat with good rental potential and simple maintenance demands.
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