Top-floor one-bedroom city centre apartment — ideal first-time buy or buy-to-let, sold at auction..
Top-floor one-bedroom apartment with high ceilings and period character
Set on the top floor of an attractive Edwardian block in Leicester city centre, this one-bedroom apartment is a compact, affordable entry into the market. The open-plan living space has high ceilings and period character, with a fitted kitchen and generous room proportions for a city flat. The property is offered for sale by Modern Method of Auction with completion expected within a 56-day reservation period.
Practical running costs are a plus: council tax band A and a modest service charge of £675 (below average) and small ground rent of £172. The current EPC rating is F and the flat will suit buyers prepared to accept lower energy performance or to invest in improvements. There is no lift and access is by stairs to the top floor.
For investors, advertised short-term rental potential of around £695pcm indicates reasonable yields for the price point. For a first-time buyer, this is a low-cost way into a well-connected location — bars, restaurants, shops and Leicester Railway Station are all within walking distance. The lease has approximately 103 years remaining; buyers should check auction conditions and factor any refurbishment or energy-efficiency works into their budget.