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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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    1. Home
    2. Leicester properties
    3. 1 bed flat for sale in Wheatsheaf Way, Leicester LE2
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.

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    1 / 5

    Wheatsheaf Way, Knighton Fields, Leicester, LE2 6EQ

    1-bedroom flat · LE2 6EQ

    743 sq ftEPC C1 bathLocated within the Iconic Wheatsheaf Building · Communal Hall & Private Entrance Hall · Open Plan Living Dining Kitchen with Integrated Appliances including Fridge Freezer and Washing Machine
    Asking
    £140,000

    Listing removed · Listed 436 days

    Article 4
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaLeicester City Council HMO Article 4 Direction 2021 · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    Located within the iconic Wheatsheaf building is this one bedroom second floor apartment located within Knighton Fields.

    The accommodation includes a communal entrance hall, a private entrance hall, a modern open plan living dining kitchen with built-in appliances, bedroom, bathroom and a staircase leading to a mezzanine area.

    Parking is available via allocated parking. A fantastic opportunity for those looking within the area to claim a beautiful home. To discover more, please contact our office.

    The property is well located for everyday amenities and services including renowned local, public and private schooling, nursery day-care, Leicester City Centre and the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.

    The property is also within easy reach of amenities along Welford Road and Queens Road shopping parade in neighbouring Clarendon Park, with its specialist shops, bars, boutiques and restaurants.

    EPC Rating: C Communal Hall   With stairs and lift to the other floors. Entrance Hall   With two built-in cupboards.

    Open Plan Living Dining Kitchen   3.69m x 5.8m With double glazed windows to the front elevation, exposed cast iron ceiling beams, ceramic tiled floor, a range of wall and base units with work surface over, stainless steel sink, drainer and mixer tap, inset four ring electric ceramic hob and oven, extractor hood, integrated fridge freezer, stainless steel splash back, radiator, staircase leading to mezzanine area.

    Mezzanine Area   With built-in cupboard, exposed cast iron ceiling beams, TV point, radiator.

    Bedroom One   2.64m x 3.4m With double glazed window to the front elevation, built-in sliding mirrored door wardrobes, radiator.

    Bathroom   1.49m x 2.7m With ceramic tiled floor, part tiled walls, bath with mixer shower tap and shower screen, low-level WC, wash hand basin with storage below, spotlights, extractor fan, chrome ladder towel rail/radiator.

    Parking - Allocated parking   Disclaimer   Measurements are taken electronically and are for guidance only — not to be relied upon as exact.

    Services, appliances, and fittings have not been tested. Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only.

    Knightsbridge Estate Agents make no warranties regarding the property. By law, we must carry out anti-money laundering checks for buyers and sellers.

    These are handled on our behalf by Lifetime Legal, who will contact you once you instruct us to sell or have an offer accepted. A £60 fee (incl. VAT) covers required data and any manual checks.

    This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal.

    We receive a portion of this fee for facilitating the checks.

    Article 4

    Key information

    Price per sq ft
    £188/sq ft
    Based on 743 sq ft (69 sq m)
    Floor area
    743 sq ft (69 sq m)
    Council tax band
    Band B
    Estimated ~£1,400/year
    EPC rating
    C
    current
    Tenure
    Leasehold
    See leasehold details below
    Property age
    Built 2012 onwards
    Heating
    Air source heat pump
    Local authority
    City of Leicester
    Unitary Authority
    Service charge
    £3,031/year
    Property features
    • Located within the Iconic Wheatsheaf Building
    • Communal Hall & Private Entrance Hall
    • Open Plan Living Dining Kitchen with Integrated Appliances including Fridge Freezer and Washing Machine
    • Mezzanine Area
    • Bedroom
    • Bathroom
    • Allocated Parking
    • Air Heat Source Pump Providing High Energy Efficiency and Cost Saving
    • Under Floor Heating
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

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    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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 advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market436 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market436
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £140,00017 Aug 2025
    Still activeDay 436 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    10 nearby
    Schools
    28 min
    Transit
    More market detail▾
    LE2 · Live market data · flat only
    LE2 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Knightsbridge Estate Agents & Valuers, Leicester logo
    Knightsbridge Estate Agents & Valuers, Leicester
    listed on rightmove
    0116 216 3700
    72 Queens Road,, Leicester,, LE2 1TU
    View on rightmove

    View more properties from this agentIs this your home? Ask us to remove this listing
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About Wheatsheaf Way, Knighton Fields, Leicester

    How much is Wheatsheaf Way, Knighton Fields, Leicester?
    The asking price is £140,000.
    What kind of property is Wheatsheaf Way, Knighton Fields, Leicester?
    A 1-bedroom flat in LE2 6EQ.

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