1-bedroom flat · LE1 4SX
To rentReduced £25 (−2.5%) on 4 OctListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description We are proud to present this modern and bright 2nd floor apartment benefiting from fitted kitchen, fitted wardrobe and balcony located in the heart of Leicester City Centre.
This stylish apartment is situated on the second floor of Marcus Apartments Building which is ideally located on a quite street and is moments from abundance of city centre amenities to include High Cross Shopping Centre, Restaurants, Shops, Gym and St Margaret's Bus Station.
DeMontford University is only a short walk away. The well maintained communal areas include a secure entrance lobby with a mailbox and lift giving access to the accommodation.
Hallway Door to front, security intercom system, laminate flooring and spot lighting. Located to the left a customised closet for storage.
Kitchen Wall and base units with stone work surface in dark colour, integrated electric oven and hob with extractor fan and hood over, integrated fridge and dishwasher, stainless steel sink with mixer tap, laminate flooring.
Open Plan Living Room The spacious open plan living room benefits from large floor to ceiling window offering pleasant views and a large patio door leading to the balcony.
The flooring is laminate and walls are painted in light grey colour. Bedroom Large double bedroom with floor to ceiling built in wardrobe offering ample storage and hanging space.
The floor to ceiling large patio door gives access to the balcony. The floor is carpeted and walls are painted in light grey. Bathroom Spacious bathroom with bath tub and shower above.
Fitted WC and Sink Unit benefits from large mirror and storage units. Door leading to small storage cupboard which has plumbing for free standing washing machine.
Deposit: £1,153.84 Holding Deposit: £230.76
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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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 Apartment 9, Arcus Apartments, Leicester
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