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2 Bed Flat, Single Let, Leicester, LE1 1SQ £80,000

Alexandra House, Rutland Street, Leicester City Centre, LE1 1SQ - 4 months ago
  1. Deal Search
  2. Leicester
  3. LE1
  4. LE1 1SQ
Leasehold
BTL
ROI: 10%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Leicester
  • More Deals in LE1
  • More Single Let Deals
  • More Single Let Deals in Leicester
  • More Single Let Deals in LE1

Property History

Price changed to £80,000

December 5, 2025

Listed for £95,000

August 13, 2025

Floor Plans

Description

  • Secure Valet Parking +
  • Potential Yield of 8.57% +
  • Two Double Bedrooms +
  • City Centre Living +
  • Fitted Kitchen With Appliances +
  • Ideal For First Time Buyers & Investors +
  • Lift access +
  • No Upward Chain +

Property Description:
Perfect for investors with a potential yield of 8.57%, this spacious apartment sits on the sixth floor, accessed via multiple lifts and stairs. Recently refurbished the property is ready to go, making it an ideal purchase for a first-time buyer or investment property to any landlord portfolio. In brief, the property comprises two double bedrooms, with built-in wardrobes to the master, three-piece bathroom suite, spacious lounge kitchen diner and balcony, accessed from both lounge and bedroom. With the kitchen being fitted with integrated fridge/freezer, washing machine and dishwasher.

Sitting within the heart of Leicester's Cultural quarter stands Alexandra House, originally constructed to store bootlaces in 1897 and described by Architectural historian Nikolaus Pevsner as "the finest warehouse in Leicester and one of the finest in the country" was designed by Leicester architect Edward Burgess for Faire Bros. Ltd.

Now used as residential premises, Alexandra House is complete with its own underground secure parking space and valet service accessed through an external communal square.

Rooms & Dimensions: (Max)

Kitchen Lounge Diner: 4.79m x 5.02m
Bedroom One: 4.75m x 2.68m
Bedroom Two: 2.32m x 2.97m
Bathroom: 2.32m x 2.74m

Viewings and Directions:
Strictly by appointment only through the sole agent Fraser Stretton

Postcode for Sat Nav: LE1 1SQ

Council Tax Band: B
Tenure: Leasehold (103 years)
Ground Rent: £312.5 per year
Service Charge: £3,100 per year

Agent Details

FRASER STRETTON LTD, Leicester

0116 464 9910

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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