Summary - 111 REPTON STREET LEICESTER LE3 5FD
1 bed 1 bath Apartment
Central riverside spot near university and transport links.
Projected rental yields up to 7%
This compact studio in a brand-new development on Repton Street is offered primarily for investors. The apartment is newly completed to a high specification with integrated kitchen, contemporary bathroom fittings and neutral finishes designed to appeal to a broad renter profile. Its central riverside setting places it within walking distance of De Montfort University, the city centre and local hospitals, supporting steady tenant demand.
The scheme is marketed with projected rental yields of up to 7% and benefits from a long 999-year lease and a below-average service charge of £957 per year. The open-plan layout and good natural light make the unit low-maintenance and straightforward to manage in a lettings portfolio. There is no private garden; the accommodation is compact and best suited to single occupancy or short-term tenancy.
Buyers should note several material negatives alongside the positives. The local area records high crime levels and is classified as deprived, which can affect tenant mix and void risk. The site carries a medium flood risk — buyers should obtain flood-insurance quotes and check mortgage lender requirements. As a leasehold, future service charges and on-site management standards will affect returns.
For investors focused on central Leicester rental opportunities, this apartment offers a low-entry route into a new-build block with modern finishes and strong local letting demand. Careful due diligence on insurance, management arrangements and local letting conditions is recommended before committing.
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