Summary - Rose House Rose House Rose House Rose House Rose House Rose House, 46 Oxford Street, Leicester LE1 5XX
1 bed 1 bath Residential Development
Large freehold block with vacant possession and strong student demand potential.
200 non‑ensuite student beds across 41 self-contained apartments
A substantial purpose-built student block in Leicester city centre, Rose House offers 200 non‑ensuite beds across 41 self-contained apartments. Sold freehold with full vacant possession, the portfolio presents immediate asset control and scale at an asking price of £6,750,000 (£33,750 per bed). The accommodation is finished to a good standard with gas central heating, double glazing, LED lighting and communal facilities including reception, laundry, bike store and two double garages.
The location is a core student neighbourhood with excellent local amenities and close proximity to universities and transport links, supporting consistent demand during term times. The property’s courtyard, paved communal areas and secure gated entrance add practical appeal for student occupiers and offer straightforward operation as HMO/student accommodation.
Important considerations: the site sits within a very high crime area which may affect lettings strategy, insurance and management costs. The accommodation is largely composed of cluster-style units with shared WCs and showers rather than ensuite rooms, which will influence rent premiums and target tenant profile. As the asset is offered vacant, short-term income growth will require re-letting, refurbishment or repurposing depending on purchaser strategy.
For investors the building provides scale and a clear operations play — either re‑let to students, upgrade rooms to ensuites to chase higher rents, or consider alternative short/medium-term uses subject to planning. The asset’s condition, communal facilities and large plot provide multiple value‑add routes, but budget and resource should be allocated for security, management and any targeted upgrades.
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