1-bedroom flat · LE1 6WB
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovely One-Bedroom Apartment in Leicester City Centre A fantastic opportunity to acquire this well-presented one-bedroom apartment, ideally situated within the popular Time House development on Duke Street, right in the heart of Leicester city centre.
The property offers well-proportioned and practical accommodation, making it an ideal choice for first-time buyers, professionals or investors.
Upon entering, you are welcomed into the apartment with access to the accommodation, including a spacious open-plan living, dining and kitchen area.
This versatile space provides an excellent setting for both relaxing and entertaining, with the modern open-plan layout creating a bright and sociable feel.
The bedroom offers a comfortable and private space, while the shower room is conveniently positioned within the apartment.
The Location Time House is exceptionally well placed for enjoying everything Leicester city centre has to offer.
The apartment is within easy reach of a fantastic selection of shops, cafés, restaurants, bars and everyday amenities, making it a convenient choice for city living.
Leicester Railway Station is also within walking distance, providing excellent connections for commuters and those travelling further afield.
The location is also convenient for Leicester's universities, making the property potentially attractive to both owner-occupiers and investors.
With its central location, spacious open-plan living accommodation and one-bedroom layout, this apartment represents an excellent opportunity for anyone looking to enjoy the convenience of city-centre living.
Early viewing is highly recommended.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £150.00 Ground Rent Review Period No review period Annual Service Charge £3,000.00 Service Charge Review Period No review period Lease End Date 30/08/2129 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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FAQ
About Flat 33/Time House, 3 Duke Street, Leicester
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