Summary - APARTMENT 14, 8, SHIRES LANE, LEICESTER LE1 4AN
1 bed 1 bath Apartment
Fully furnished one-bedroom with tenant until June 2025 — immediate income potential.
Long lease — approx. 110 years remaining
A smartly presented one-bedroom apartment in The Bar, Highcross — offered as an ex-show, fully furnished unit ideal for buy-to-let investors or a city-base for a professional. The open-plan living space benefits from large floor-to-ceiling windows, a balcony and contemporary finishes that minimise immediate maintenance. Current assured tenancy at £1,100 pcm runs until June 2025, providing immediate rental income.
Practical features include a long lease (approx. 110 years remaining), lift access, secure fob/video entry, a separate bin store and bike shed. The property is compact (c. 476 sq ft) and low-maintenance; community heating and double glazing are already in place. Service charge and ground rent are material costs to factor in: approximately £2,800 pa service charge and £300 pa ground rent.
Location is city-centre and highly convenient, with strong rental demand near shops, restaurants and transport links. Buyers should note the local context: the wider area is classified as a cosmopolitan student neighbourhood with very high crime statistics and general area deprivation. These factors can affect tenant mix, resale and insurance costs.
This apartment works well for investors seeking immediate income and minimal upkeep, or for a single professional wanting furnished city living. It is compact and efficiently planned rather than spacious — purchasers should inspect to confirm layout and check that the existing tenancy terms suit their plans (property sold with tenancy in place).
1 bedroom apartment for sale in The Bar, Shires Lane, Leicester, LE1 — £130,000 • 1 bed • 1 bath • 476 ft²
1 bedroom apartment for sale in The Circus, Highcross Lane, Leicester, LE1 — £115,000 • 1 bed • 1 bath • 496 ft²
1 bedroom apartment for sale in Shires Lane, Leicester, LE1 — £120,000 • 1 bed • 1 bath • 474 ft²
1 bedroom apartment for sale in Rutland Street, Leicester, LE1 1RB, LE1 — £75,000 • 1 bed • 1 bath • 410 ft²
1 bedroom flat for sale in Highcross Lane, Leicester, LE1 — £120,000 • 1 bed • 1 bath • 474 ft²
1 bedroom apartment for sale in Aria Apartments, Chatham Street, Leicester, LE1 — £115,000 • 1 bed • 1 bath • 1068 ft²
