Large period one-bed with long lease and clear upgrade potential near LRI.
- Large one-bedroom flat, approx. 991 sq ft (unusually spacious)
A spacious one-bedroom first-floor flat in the heart of Leicester city centre, offering generous internal space (approx. 991 sq ft) and period character such as high ceilings and a Victorian brick façade. The apartment sits on a share of freehold with 125 years remaining, making it a straightforward ownership option for first-time buyers and investor purchasers seeking stable tenure.
Location is a core selling point: immediate access to city transport links, on-street permit parking and walking distance to Leicester Royal Infirmary. The neighbourhood is mixed students-and-professionals, with shops, cafes and public transport nearby, and excellent mobile signal for remote working. The property has a D EPC and double glazing added post-2002.
There are clear value and upgrade opportunities: solid-brick walls (likely uninsulated) and an EPC of D indicate potential to improve energy performance and reduce running costs. Service charge is modest at £720 pa and council tax is very cheap, helping overall affordability. The large internal footprint and period layout offer scope to reconfigure or modernise for rental yield or longer-term owner occupation.
Buyers should note material negatives factually: the local area is classified as very deprived and crime levels are above average, which may affect resale or rental prospects. Parking is limited to on-street permits only, and some fabric work or insulation upgrades will likely be required to improve comfort and energy rating. Investors should weigh refurbishment costs against purchase price and rental demand in the student/professional market.
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