2-bedroom flat · LE3 5BZ
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two bedroom second floor apartment available for sale in the highly regarded Mitchian Grand Union Building.
Set a short walk from the city centre and with convenient transport links, the property comprises two double bedrooms, shower room, spacious living area and modern kitchen.
The property is fully furnished to include living room furniture, beds, wardrobes and integrated kitchen appliances.
The property benefits from secure fob and code access, lift access and beautiful communal roof gardens. A superb option. Please note, there is no parking at the building.
Occupants must arrange their own parking arrangements.
Living Space (3.60m x 3.57m) Fully furnished with furniture, TV point, integrated kitchen appliances, juliet balcony providing view over the city, video intercom system.
Kitchen (5.3m x 2.3m) With wall and floor mounted units, worktop over, electric hob and oven, integrated dishwasher, fridge freezer and washer / dryer, sink with drainer unit.
Shower Room (2.45m x 1.69m) With floor to ceiling tiling, shower cubicle with electric shower, low flush WC, wash basin, wall mounted towel rail, recessed shelving with lighting.
Bedroom One (4.15m x 2.77m) With double glazed window to the side elevation providing city views.
Bedroom Two (3.20m x 3.53m) With double glazed window to the side elevation providing city views Summary • Price: £1,150pcm • Deposit: £1,325 • Council tax band: C • Maximum number of occupants: 3 (including children) • Please note: As part of our service to the landlord, we are required to meet all potential tenants.
For your application to be considered by the landlord, all adult applicants must attend any arranged viewing.
Communal Garden There is an attractive roof garden with communal access, foyer with postboxes and lift access and well maintained communal areas.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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.
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 37, Mitchian Grand Union Building, Leicester
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