Summary - PHOENIX HOUSE, 3 FLAT 8 BERRIDGE STREET LEICESTER LE1 5JE
2 bed 1 bath Flat
Auction sale with vacant possession; ideal central buy-to-let opportunity.
Secure gated off-street parking on Dover Street
A two-bedroom apartment in a handsome period conversion, offered with vacant possession and a secure off-street parking space. The open-plan living area benefits from high ceilings, exposed brick, double glazing and electric heating — a straightforward city-centre layout that appeals to many tenants.
Presented for sale by auction on 27 November 2025, the property sits in Leicester’s Castle Ward close to shops, bars, theatres and universities. With an estimated rental yield of around £1,000 pcm, long lease (circa 977 years) and EPC C, this is positioned for buy-to-let investors seeking a central, low-maintenance asset.
Buyers should note material running costs and local factors: an above-average service charge (£4,948 pa), a small ground rent (£100 pa), and a location classified as a high-crime, deprived, student-heavy neighbourhood. The property is leasehold and in a conservation area; prospective purchasers must review the legal pack and carry out independent inspections before bidding.
This is a practical investment opportunity rather than a turnkey family purchase. Its strong central location, secure reception with lift, and allocated parking deliver tenant appeal, while the service charge and local area profile define the expected management and letting considerations.
2 bedroom flat for sale in King Street, LEICESTER, Leicestershire, LE1 — £170,000 • 2 bed • 2 bath • 1185 ft²
2 bedroom apartment for sale in 33- 37 Belvoir Street, Leicester, Leicestershire, LE1 6SL, LE1 — £65,000 • 2 bed • 1 bath • 539 ft²
2 bedroom apartment for sale in Duke Street, City Centre, Leicester, LE1 — £80,000 • 2 bed • 1 bath • 506 ft²
2 bedroom apartment for sale in Metropolitan Apartments, 20 Lee Circle, Leicester, Leicestershire, LE1 3RF, LE1 — £110,000 • 2 bed • 1 bath • 668 ft²
2 bedroom apartment for sale in 3 Duke Street, Leicester, Leicestershire, LE1 6WB, LE1 — £80,000 • 2 bed • 1 bath • 506 ft²
2 bedroom flat for sale in Belvoir House, 33-37 Belvoir Street, LE1 — £65,000 • 2 bed • 1 bath • 463 ft²
