1-bedroom flat · LE1 3RG
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This one-bedroom city centre apartment at Crecy Court, 10 Lower Lee Street, Leicester, LE1 3RG, is available for sale at £125,000.
It represents an exceptional opportunity for first-time buyers looking for a vibrant urban lifestyle, or landlords seeking a high-yield buy-to-let investment.
Key Features Asking Price: £125,000 Bedrooms: 1 double bedroom Bathrooms: 1 family bathroom Reception: 1 spacious open-plan lounge/diner Location: Heart of Leicester City Centre (LE1)Council Tax: Band B (Leicester City Council)EPC Rating: C (energy-efficient) Tenure: Leasehold Full Description The Living Space The property features a welcoming entrance hallway equipped with an integrated intercom entry system for secure access.
The heart of the apartment is a bright, spacious open-plan reception room that effortlessly combines the living and dining areas.
Large windows allow an abundance of natural light to flood the room, showcasing contemporary hard flooring.
The Kitchen Adjoining the living area is a stylish, fully fitted kitchen complete with sleek wall and base storage units.
It comes fully equipped with modern integrated appliances, including an electric oven, hob, extractor hood, fridge/freezer, dishwasher, and washing machine.
Bedroom & Bathroom The generous double bedroom is well-proportioned, featuring soft carpeting and neutral decor designed to maximise natural light.
The adjacent, well-appointed bathroom features a modern white three-piece suite, including a panelled bath with a shower over, wash hand basin, low-level WC, and a heated towel rail.
The Building Situated inside the purpose-built Crecy Court development, residents benefit from secure fob access, a communal entrance hall, lift access to all floors, and an internal courtyard with communal bicycle storage.
Location & Amenities The apartment's central location on Lower Lee Street places every urban convenience right on your doorstep: Shopping & Dining: Just a few minutes' walk to the Highcross Shopping Centre, local cafes, and the historic Leicester Market.Culture: Steps away from the Curve Theatre and the bustling Cultural Quarter.
Transport: Ideal for commuters, located roughly 0.5 miles from Leicester Railway Station, and a short walk from the Haymarket Bus Station.
Green Space: Abbey Park is less than a mile away, providing a peaceful escape for outdoor leisure and exercise. Tenure: Leasehold (900 years) Ground Rent: £800 per year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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.
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