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See how verdicts work2-bedroom flat · LE1 7DQ
For saleReduced £20k (−13.3%) on 23 SepListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
JG0769 - Situated within the highly sought-after New Walk district, this spacious and well-presented two-bedroom apartment offers generous open-plan living, secure gated parking and an enviable city centre location.
Ideal for first-time buyers, professionals or investors alike, the property combines modern convenience with excellent proportions throughout, all within easy walking distance of Leicester Railway Station, the city centre, universities and an extensive range of local amenities.
Accessed via a secure communal entrance, the apartment welcomes you into a spacious entrance hallway with useful built-in storage.
The heart of the home is the impressive open-plan living, dining and kitchen area, offering an abundance of space for both relaxing and entertaining.
Large windows flood the room with natural light, creating a bright and airy atmosphere, while the well-appointed fitted kitchen provides an excellent range of wall and base units, generous worktop space and integrated cooking facilities with room for additional appliances, making it a practical and sociable space for everyday living.
The apartment boasts two well-proportioned double bedrooms, both offering ample space for furnishings and enjoying plenty of natural light.
The principal bedroom is particularly generous in size, while the second bedroom provides a versatile space ideal as a guest room, home office or additional bedroom.
Completing the accommodation is a modern family bathroom fitted with a panelled bath with shower over, wash hand basin and WC, finished in neutral tones.
Further benefits include double glazing, electric heating, secure entry system and the highly desirable addition of secure gated undercroft allocated parking, providing both convenience and peace of mind in this central location.
The property enjoys an outstanding position within Leicester's popular New Walk conservation area, placing a wealth of amenities within comfortable walking distance.
Leicester Railway Station is just a short stroll away, offering direct services to London St Pancras, Birmingham and Nottingham, making the apartment particularly attractive for commuters.
Leicester city centre provides an extensive selection of shopping, restaurants, cafés, bars and leisure facilities, including Highcross Shopping Centre, Curve Theatre, the Cultural Quarter and the historic city centre.
Victoria Park and the picturesque New Walk offer attractive green spaces for walking, exercise and relaxation, while both the University of Leicester and De Montfort University are easily accessible, making the property equally appealing to owner-occupiers and investors.
Leicester Royal Infirmary, Leicester General Hospital, supermarkets, gyms and a wide variety of everyday conveniences are all close by.
Families also benefit from access to well-regarded local schools, including Sparkenhoe Community Primary School, Medway Community Primary School, Hazel Community Primary School, Moat Community College, Brook Mead Academy and Castle Mead Academy
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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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FAQ
About New Walk Central Apartments 77-89,Flat 11, Princess Road East, Leicester
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