2-bedroom flat · LE1 4SX
For saleListed 762 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Executive Two-Bedroom Apartment for Sale - Arcus Highcross Development, Leicester City Centre (LE1)** This stunning two-bedroom apartment is situated within the prestigious Arcus Highcross Development, right in the heart of Leicester City Centre.
With local amenities on your doorstep, this property is ideal for those seeking convenient city living or a lucrative investment, thanks to high rental demand in the area.
### **Property Overview:** - **Location:** Prime city-centre location, walking distance to Leicester Train Station, Leicester Royal Infirmary, and nearby universities.
- **Current Tenancy:** The property is currently tenanted until June 2024, generating a rental income of £1,100 per calendar month. - **Lease Details:** 110 years remaining on the lease.
- **Charges:** Ground rent of £326 per annum and a service charge of £2,924 per annum.
### **Property Features:** - **Secure Development:** The building features fob entry, a secure video entry system, and lift access to all floors. There is also a bike storage area for residents.
- **Entrance Hallway:** Upon entering through a solid wood door, the hallway boasts wood flooring, downlights, and a sleek video entry system.
- **Open-Plan Lounge & Kitchen:** The spacious open-plan living area is bathed in natural light, thanks to large doors that open onto a balcony.
The kitchen is fully equipped with integrated high-end appliances, including a ceramic glass hob, oven, grill, microwave, and extractor fan.
The space is finished with luxury fixtures, hardwood flooring, and modern radiators.
- **Bedroom One:** The primary bedroom is generously sized, featuring built-in triple wardrobes, ample storage space, and large windows with Juliet balcony doors.
Freshly decorated with downlights and multiple electric sockets.
- **Bedroom Two:** The second bedroom is also a good size, with carpeted flooring and a large window with a tilt-and-open option, allowing plenty of natural light.
- **Bathroom:** The bathroom is modern and fully tiled, featuring a large shower cubicle with an overhead rainfall shower, vanity unit with washbasin, WC, and a heated towel rail.
### **Additional Benefits:** - **Gas Central Heating** - **High-End Fixtures and Fittings** - **Bike Storage Facility** This apartment is perfect for anyone seeking a modern city home or a high-yielding investment property, offering stylish living and all the conveniences of Leicester City Centre Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
FAQ
About East Bond Street, Leicester
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