Summary - STIBBE LOFTS, 11 FLAT 1 NEWARKE STREET LEICESTER LE1 5SN
1 bed 1 bath Apartment
Light-filled industrial conversion ideal for investors or city workers seeking low-maintenance central living.
Allocated secure off-street parking included
Large open-plan living space with high ceilings and big windows
Character features: exposed beams, hardwood flooring
Four-piece bathroom and separate double bedroom
Leasehold tenure — buyer to confirm remaining term and fees
Electric storage heating; no gas central heating
No private outdoor space; city-centre location
Very high local crime rate may affect insurance and lettings
This loft-style one-bedroom in Stibbe Lofts offers a strong city-centre rental proposition close to DMU, Leicester University and the main railway station. The large open-plan living area, high ceilings and generous sash windows create attractive, light-filled accommodation that will appeal to students, young professionals and short-term renters.
The apartment is sold with no onward chain and includes secure allocated off-street parking — a notable advantage in the city. The conversion retains character with exposed beams, industrial detailing and hardwood flooring, giving clear appeal for marketing as a contemporary urban loft.
Buyers should note practical and legal considerations: the property is leasehold, heated by electric storage heaters and sits in an area with very high crime levels which may influence insurance costs and tenant demand. The building’s solid brick walls likely have little added insulation and there is no private outdoor space.
Overall this is a compact but well-presented city centre flat with visible rental and short-term let potential thanks to location and character. It suits investors seeking straightforward entry to Leicester’s central market or purchasers wanting a low-maintenance, centrally located pied-à-terre.
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