Summary - 10 CALDER ROAD LEICESTER LE4 0RG
1 bed 1 bath Flat
Affordable one-bedroom ground-floor flat with parking and renovation potential..
One double bedroom ground-floor flat, approximately 491 sq ft
Allocated off-street parking space(s) for two cars
108 years remaining on lease; ground rent £10 pa
Service charge £852 pa (below average); low council tax
Requires cosmetic updating; refurbishment will increase value
System-built 1960s/70s construction; possible asbestos risk
Area: very deprived with high local crime — affects demand
Fast broadband, convenient for A46/M1 and local amenities
This ground-floor one-bedroom apartment on Calder Road offers an affordable entry into Leicester’s property market. With 108 years remaining on the lease, low ground rent and below-average service charges, it suits first-time buyers or buy-to-let investors seeking a straightforward purchase with immediate access to local amenities and transport links.
The flat is set in a 1960s/1970s system-built block and requires cosmetic updating throughout. Interiors are functional with double glazing and gas central heating, but the building’s concrete construction and flat roof suggest potential maintenance considerations and an asbestos risk; buyers should arrange appropriate surveys. The layout is traditional and compact, providing a lounge, kitchen, double bedroom and bathroom across about 491 sq ft.
Practical benefits include allocated off-street parking for two cars, fast broadband and no flood risk. The location is convenient for shopping, leisure and major roads (A46/M1), and several local primary and secondary schools have good Ofsted ratings. However, the area is classified as very deprived with high local crime rates and low demand in parts of the estate, which will affect resale prospects and rental yields.
Overall, this property presents a low-cost purchase with clear potential for value uplift after renovation, but buyers must factor in building-condition risks, local socioeconomic challenges and likely cosmetic works when assessing affordability and investment return.
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