Summary - BLOCK B, 69 APARTMENT 16 BRADGATE STREET LEICESTER LE4 0AW
1 bed 1 bath Flat
Practical low-maintenance apartment with parking and rental income potential.
One double bedroom with separate kitchen and reception room
Allocated off-street parking plus visitor spaces
Communal garden — low-maintenance outdoor amenity
Sold with tenants in situ — investment income potential
Leasehold tenure — check remaining term and ground rent
Electric storage heaters — potentially higher running costs
Located near city centre shops and transport links
Higher local crime levels; consider insurance and security
This one-bedroom, leasehold apartment occupies a practical, purpose-built block on the edge of Leicester city centre. The layout is single-floor and compact — entrance hall with storage, separate kitchen, double bedroom, reception room and bathroom — making it straightforward to run and maintain. Allocated off-street parking and well-kept communal gardens add useful outdoor amenity for residents.
The building dates from the early 2000s and benefits from double glazing and relatively modern construction. The flat is currently let, so it will suit buyers who want an investment with immediate rental income; it is also a sensible entry-level purchase for a first-time buyer comfortable with a leasehold arrangement. The development sits close to shops, restaurants and public transport, and broadband and mobile signal are both strong.
Buyers should note material considerations: the property is leasehold, sold with tenants in situ, and the immediate area records higher crime levels which may affect some purchasers’ preferences and insurance costs. Heating is via electric storage heaters, which can be more costly than gas central heating. Internally the flat has neutral decor but requires some modernisation to maximise value.
Overall this is a low‑maintenance, mid‑market apartment offering rental potential or a practical city-base for owner-occupiers. Its strengths are location, off-street parking and communal outdoor space; its drawbacks are the leasehold tenure, tenant occupation, electric storage heating and the nearby mixed commercial uses which temper a purely residential setting.
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