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See how verdicts work2-bedroom flat · LE1 5SN
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Some properties simply have a character of their own, and this distinctive loft-style apartment within Stibbe Lofts is a fantastic example.
Set within a former industrial building with a fascinating connection to Leicester's manufacturing heritage, this is a home that offers something genuinely different from the typical city-centre apartment.
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The building's industrial past is reflected beautifully in the apartment's interior, where exposed brickwork, impressive ceiling heights and striking structural beams create an authentic loft-style feel.
The south-facing windows are a real highlight, allowing an abundance of natural light to flood the living space throughout the day.
Looking out across the tree-lined street opposite, the outlook feels surprisingly green and private for such a central location, creating a welcome sense of separation from the hustle and bustle of the city.
This complements the light wood flooring and contemporary finishes throughout.
The standout feature is the impressive open-plan living space, with plenty of room to relax, entertain and work from home.
The lounge and dining areas flow naturally into the kitchen, creating a sociable layout that makes the most of the apartment's proportions.
The exposed brick feature wall provides a striking backdrop, while the kitchen benefits from a modern fitted design, extensive worktop space, an integrated cooking area and a breakfast bar that adds both practicality and character.
The combination of industrial detailing and modern fittings gives the apartment a distinctive identity, retaining the atmosphere of a traditional converted loft while providing the comforts expected of contemporary city living.
Stibbe Lofts itself has an interesting story to tell.
Originally associated with Leicester's textile machinery industry, the building has since been converted into a collection of individual loft-style apartments inspired by the character of traditional Manhattan lofts.
It is a setting that feels quite different from a purpose-built apartment block, with a sense of history and individuality that is increasingly difficult to find.
Another particularly valuable feature is the secure, gated undercroft parking, offering the convenience of dedicated parking within this central location.
Positioned on Newarke Street, the apartment is ideally placed for enjoying Leicester city centre, with its extensive choice of restaurants, cafés, shops and leisure facilities.
De Montfort University, Leicester Royal Infirmary and Leicester railway station are all within convenient reach, making this an appealing option for owner-occupiers and investors alike.
Whether you're looking for a distinctive home with genuine character or an investment in a well-established city-centre development, this is an opportunity to secure something a little out of the ordinary.
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.
Area
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FAQ
About Stibbe Lofts, 11 Newarke Street, Leicester, Leicestershire
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