Summary - Apartment 15 Albion House, 23, Albion Street LE1 6AN
1 bed 1 bath Apartment
Ideal low-effort buy-to-let close to universities and transport links.
- Fully renovated one-bedroom flat, approx 474 sq ft
- Chain free and can be sold with tenant in situ
- Leasehold with ~113 years remaining, ground rent £100
- No central heating system; electric heaters assumed
- Located in a busy student neighbourhood; strong rental demand
- Area records very high crime; consider security/insurance
- Excellent mobile signal; average broadband speeds
- Very low council tax, central city location near amenities
A fully renovated one-bedroom apartment of approximately 474 sq ft in the heart of Leicester’s LE1 district. The open-plan living/kitchen benefits from large windows and modern finishes, making the flat move-in ready for owner-occupiers or tenants. The property is chain free and can be sold with a tenant in situ, offering immediate rental income potential.
Practical points: the building is leasehold with about 113 years remaining, a modest ground rent of £100, and very low council tax. Heating is provided by electric heaters (no central heating system present), which may affect running costs compared with gas-heated homes. Broadband speeds are average, while mobile signal in the area is excellent.
Location strengths include a prime city position close to shops, eateries and frequent public transport, and proximity to several primary and secondary schools and higher-education sites. The surrounding neighbourhood is a cosmopolitan, multicultural student area — strong demand for rental accommodation but a high churn of occupants.
Note the area records very high crime levels; prospective buyers should factor in security measures, insurance costs and tenant screening. Overall, this is a low-maintenance, modern city flat suited to buy-to-let investors or first-time buyers wanting a ready-made city base, but bear in mind energy costs and local safety considerations.
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