Summary - Flat 6, Tiffany Court, Albert Road LE2 2AA
2 bed 1 bath Flat
Compact modern flat in a prime Stoneygate spot — check lease options early.
Third-floor two-bedroom flat in desirable Stoneygate location
Compact overall size ~454 sq ft — rooms are cosy, not spacious
Modern fitted kitchen and neutral wood-effect flooring throughout
Electric room heaters only — likely higher running costs than gas
Service charge £1,218.48 pa; ground rent £159.48 pa
Short lease — 30 years remaining; lenders may refuse mortgages
Built 1967–1975; communal areas may need future upkeep
Excellent transport links and close to university and local amenities
Set on the third floor in sought-after Stoneygate, this two-bedroom flat offers a compact, modern living space ideal for first-time buyers or buy-to-let investors. The open-plan kitchen/living area is contemporary with integrated appliances and wood-effect flooring, creating a low-maintenance home ready to occupy.
Practical running costs include an average service charge of £1,218.48 per year and a small ground rent of £159.48. Heating is electric via room heaters rather than a central system — straightforward but likely to be more expensive than gas central heating. The flat totals approximately 454 sq ft, so rooms feel cozy rather than expansive.
A material concern is the lease length: only 30 years remain. This can limit mortgage options and may mean lenders refuse to lend; buyers should obtain mortgage advice and factor the cost of a lease extension into the purchase. The building dates from the late 1960s/early 1970s and, while the interior is presented in neutral contemporary style, buyers should expect the possibility of future maintenance or updating of communal areas.
Location is a strong asset: Stoneygate amenities, parks, independent shops and Leicester University are within easy reach, with excellent transport links into the city and beyond. For purchasers seeking a compact home in a desirable area or an investor targeting rental demand from students and professionals, this flat offers immediate occupation and clear rental appeal — provided the lease situation is carefully considered.
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