2-bedroom flat · LE2 3HP
Listing removedReduced £5k (−2.8%) on 18 AugListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a beautifully converted Edwardian building in the leafy suburb of Stoneygate, this top-floor two-bedroom apartment effortlessly blends classic character with contemporary living.
Perfectly positioned for Leicester University, the city centre, and Leicester train station, it is also just a short stroll from the vibrant cafés, boutiques, and lifestyle amenities of Allandale Road and Queens Road in neighbouring Clarendon Park.
Entered via a secure communal doorway, the apartment immediately impresses with a welcoming hallway, flooded with natural light and a sense of spaciousness.
The reception room is generous in scale, featuring a front-facing sash-window overlooking the treelined Toller Road and a feature gas fire, creating a warm and inviting ambience, finished in a beautiful contrast of pine forest and off-white colour palette.
The breakfast kitchen has been thoughtfully designed with sleek, high-gloss white cabinetry, integrated storage, and ample space for all necessary appliances.
The kitchen balances style and practicality with effortless finesse. Both bedrooms are doubles, each benefitting from clever eaves storage.
The principal bedroom is further enhanced with fitted wardrobes, offering a wealth of storage, while the second bedroom has been cleverly configured as a well-appointed home office.
The bathroom is a striking blend of character and contemporary convenience, featuring stripped wooden floors, a freestanding claw-foot bath, a separate shower cubicle, and a stylish vanity unit with integrated storage.
On-street parking is readily available directly outside the conversion. The property has the advantage of a 33% share of the freehold, amongst only two other properties in the conversion.
In turn, the residents of the property serve as their own management company.
Properties of this calibre: Two-bedroom apartments with a share of freehold, rarely come to market in this area, particularly under £200,000.
Early viewing is strongly recommended to appreciate the combination of period charm, modern living, and an exceptional location.
Tenure details: Years remaining on the lease: 158 years remaining on the lease. Ground rent: Peppercorn. Service charge: £1584.00 per year.
A 33% share of the freehold is on offer, with the other two apartments in the conversion owning the additional 66%.
Location: Toller Road sits in the heart of Stoneygate, one of Leicester’s most prestigious and sought-after suburbs.
Renowned for its tree-lined streets, elegant period architecture, and a strong sense of community, the area offers a peaceful, residential feel while remaining remarkably well connected to the city centre.
Its combination of heritage charm and convenient location makes it highly desirable for professionals, families, and students alike.
Residents enjoy easy access to the independent cafés, boutique shops, and amenities along Queens Road in nearby Clarendon Park, as well as a variety of local parks and green spaces.
Leicester University, Leicester Royal Infirmary, and the city centre are all within easy reach, while Leicester train station provides excellent links for commuters with direct trains to London St Pancras in a little over an hour.
The area also benefits from excellent schooling options, from well-regarded primary schools to nearby grammar and independent schools including St John The Baptist, Avenue primary school and Leicester High School.
Material information: Council tax band: B. Tenure: A share of the freehold is on offer. Water meter: Yes. No known building issues or covenants as far as we are informed. Parking: On street parking.
EPC Rating: D Location Toller Road sits in the heart of Stoneygate, one of Leicester’s most prestigious and sought-after suburbs.
Renowned for its tree-lined streets, elegant period architecture, and a strong sense of community, the area offers a peaceful, residential feel while remaining remarkably well connected to the city centre.
Its combination of heritage charm and convenient location makes it highly desirable for professionals, families, and students alike.
Residents enjoy easy access to the independent cafés, boutique shops, and amenities along Queens Road in nearby Clarendon Park, as well as a variety of local parks and green spaces.
Leicester University, Leicester Royal Infirmary, and the city centre are all within easy reach, while Leicester train station provides excellent links for commuters with direct trains to London St Pancras in a little over an hour.
The area also benefits from excellent schooling options, from well-regarded primary schools to nearby grammar and independent schools including St John The Baptist, Avenue primary school and Leicester High School.
Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check. An administration fee of £40 per property will apply.
This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11b Toller Road, Leicester
Explore nearby