Summary - Apt 55, Mitchian Grand Union Building, 55 Northgate Street, LEICESTER LE3 5BZ
2 bed 1 bath Flat
Ready-to-rent furnished flat with rooftop views, ideal for first purchase or buy-to-let..
Two double bedrooms in a 646 sq ft open-plan layout
Built 2021 — modern finishes and integrated appliances
Communal rooftop terrace with broad city views
Leasehold: 996 years remaining — long lease security
No on-site parking; only on-street parking available
Service charge about £1,495/year and Council Tax band D
Main heating via electric room heaters (no gas central heating)
Located in a multicultural student neighbourhood; local crime higher than average
This first-floor, two-double-bedroom apartment in a 2021 new-build offers contemporary, open-plan living just off Leicester city centre. The property is furnished and ready to occupy or rent, with integrated appliances and a communal rooftop terrace that provides broad city views — a strong draw for commuters and investors seeking low-move-in options.
Practical details support long-term security: a lengthy lease (996 years) and a manageable footprint of about 646 sq ft. The apartment has no private parking, on-street spaces only, and electric room heaters as the main heating source. Service charge is approximately £1,495 per year and council tax sits at band D, both important running costs for buyers and landlords to factor in.
The building includes lift access, secure entry with intercom, communal electric meter arrangements and wifi availability via freeholder subscription. The area is a multicultural, student-heavy neighbourhood with excellent mobile and broadband speeds, making the flat suitable for professional sharers, first-time buyers, or buy-to-let investors targeting city-centre demand.
Notable drawbacks are factual: there is no on-site parking and recorded local crime levels are high, which may affect some buyers’ preferences and yield expectations. Heating relies on electric room heaters rather than gas central heating, and the service charge contributes to annual ownership costs. Prospective purchasers should visit to assess noise, security feel, and rental demand in this busy urban location.
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