Summary - 1 1 1 1 1 1 1 1 Market Street and Welford Place, 33-49 Market Street and 1 Welford Place, Leicester LE1 6DN LE1 6DN
1 bed 1 bath Residential Development
Consented 14‑unit Victorian building for developers targeting students and professionals.
Prime city-centre corner location on Market Street and Welford Place
Full planning consent granted for 14 residential units (mixed sizes)
Large plot with high ceilings and period character throughout
Approximately 750m (10-minute) walk to Leicester Railway Station
Immediate area: multicultural student neighbourhood, strong rental demand
Very high local crime level — security and management implications
Requires full conversion works to implement planning consent
Tenure data inconsistent: Freehold stated; 250‑year lease figure shown — clarify legally
An eye-catching Victorian corner building with full planning consent to convert the upper floors into 14 residential units. Positioned on Market Street and Welford Place in Leicester city centre, the site benefits from strong footfall, excellent transport links and a large plot that supports a mixed scheme of studios, one-, two- and one three-bedroom apartment.
This opportunity suits developers and investors targeting students, postgraduates and young professionals in a multicultural, city-centre neighbourhood. The consented scheme and high ceilings typical of the period give scope for efficient layouts and attractive internal volumes; Leicester Railway Station is about a 10‑minute walk, and local retail and leisure amenity are immediate.
Buyers should note material considerations: the property requires full conversion works to deliver the consented units, and the immediate area records very high crime levels. Tenure information in the marketing data is inconsistent (Freehold stated alongside a 250‑year lease figure) — legal clarification will be needed prior to exchange. The asking price invites offers for consideration.
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