Summary - 89 PRINCESS ROAD EAST LEICESTER LE1 7DQ
2 bed 2 bath Maisonette
Large two-bedroom home with allocated parking close to universities and city amenities.
Chain-free leasehold with c.102 years remaining
Set over two levels and extending to approximately 1,457 sqft, this chain-free, leasehold maisonette occupies a prized position overlooking De Montfort Square. The property offers two double bedrooms—each with an ensuite—an open-plan kitchen/diner, separate lounge, and a Juliette balcony that frames park views. An allocated off-street parking space and a long lease (circa 102 years remaining) add practical appeal for buyers and landlords alike.
Situated in the New Walk area, the apartment is exceptionally well placed for Leicester city centre, universities, hospitals and stadiums, making it suitable for professional sharers or buy-to-let purchasers targeting student and commuter demand. The building retains period character externally while the apartment presents as modern and well maintained inside with double glazing and integrated appliances.
Buyers should note this is a leasehold property with around a century remaining on the lease and electric room heaters as the primary heating source — likely to mean higher running costs compared with gas-heated homes. The neighbourhood is classified as a cosmopolitan, multicultural student area with above-average local crime rates and high area deprivation; these factors are relevant for both owner-occupiers and investors when assessing rental demand and long-term capital growth.
Overall, this is a very large, centrally located maisonette that balances generous living space and excellent location against typical city-centre considerations such as higher local crime statistics, council tax above average, and electric heating. For investors or purchasers seeking space, location and park-facing views, it represents a clear, well-located opportunity.
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