Summary - Flat 410, The Exchange, 5 Lee Street LE1 3AJ
2 bed 1 bath Flat
Newly refreshed apartment ideal for commuting or rental income.
Two bedrooms within approximately 517 sq ft (compact layout)
This compact two-bedroom apartment sits in the heart of Leicester, recently refreshed and ready to move into. At about 517 sq ft it suits a first-time buyer or couple wanting a central base with easy access to shops, trains and motorways. The communal heating and mains gas connection keep running costs simple, and excellent mobile signal and fast broadband support home working.
The building is a 1967–75 concrete structure with secondary glazing and cavity walls that appear uninsulated; the flat is newly decorated but the block’s construction may mean higher heating demand and some noise transmission. Parking is not included with the sale; an underground space is available to rent for about £50 per month.
Be clear about local conditions: this address sits in a cosmopolitan, student-heavy neighbourhood with many nearby amenities, but official data records very high crime rates and area-level deprivation. Tenure details are not provided and should be confirmed before offer.
For buyers after central location and rental potential, this flat offers a straightforward, low-renovation home or a buy-to-let opportunity. For those prioritising low-crime, leafy suburbs or large living space, the size and local context are significant drawbacks.
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