1-bedroom flat · LE2 7QW
Let agreedReduced £105 (−8.8%) on 15 JulListed 121 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home Property Sales & Lettings are delighted to offer this exceptional one-bedroom apartment located within the prestigious Vera Mitchell Building, one of Leicester's most sought-after modern developments.
Available immediately on an unfurnished basis, this contemporary apartment offers stylish city living in a prime central location.
Finished to a high specification throughout, the property provides a spacious and versatile layout ideal for professionals, healthcare workers, academics and city centre residents seeking convenience and quality accommodation.
The accommodation briefly comprises a secure communal entrance with controlled access, welcoming entrance hall, impressive open-plan living and kitchen area with additional space for a guest bed or work station, generous double bedroom and a modern bathroom suite.
The apartment benefits from energy-efficient construction, quality fixtures and fittings, and a contemporary design that maximises both comfort and practicality.
Residents of the Vera Mitchell Building also benefit from access to a communal rooftop terrace, providing an attractive outdoor space where occupants can relax, socialise and enjoy elevated views across the city.
The rooftop terrace is available for use by all residents and is a fantastic addition to the lifestyle offered by this modern development.
The Vera Mitchell Building occupies an enviable position on Jarrom Street, less than one kilometre from Leicester City Centre and almost adjacent to Leicester Royal Infirmary.
De Montfort University is within a short walk, while the city's extensive range of shops, restaurants, bars, cafés, theatres, museums and leisure facilities are all easily accessible.
The development also benefits from excellent transport links, with Leicester Railway Station and major road networks within easy reach.
The building further benefits from secure access and indoor cycle storage facilities.
Residents can enjoy a vibrant city lifestyle with nearby attractions including Highcross Shopping Centre, Leicester Market, Leicester Cathedral, King Richard III Visitor Centre, Castle Park and Bede Park, all within comfortable walking distance.
The location is particularly popular with professionals working at Leicester Royal Infirmary, De Montfort University and Leicester city centre businesses.
Early viewing is highly recommended to appreciate the quality of accommodation, communal facilities and superb city centre location on offer.
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.
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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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