Worst House on the Street Logo
Princess Road East, Leicester LE1 - Image 1
Princess Road East, Leicester LE1 - Image 2
Princess Road East, Leicester LE1 - Image 3
Princess Road East, Leicester LE1 - Image 4
Princess Road East, Leicester LE1 - Image 5
Princess Road East, Leicester LE1 - Image 6
Princess Road East, Leicester LE1 - Image 7
Princess Road East, Leicester LE1 - Image 8

Princess Road East, Leicester LE1

East Midlands

£90,000

Listed on 23/06/2026

Property details

Bedrooms
1
Type
Flat

Description

Situated within the desirable New Walk Central Apartments, this expansive one-bedroom apartment offers a unique opportunity for first-time buyers, investors, and professionals seeking to capitalize on Leicester's vibrant city life. This spacious unit is part of a secure gated community that includes allocated parking, making it an attractive option for anyone valuing both convenience and privacy. The standout feature is the open plan lounge and kitchen area, approximately 27’9” x 16’2”, which provides a bright, versatile setting ideal for contemporary living. The generous dual aspect windows flood the space with natural light, enhancing its airy feel. The practical U-shaped kitchen layout includes a central island, abundant cupboard space, and integrated appliances—offering potential for modern updates that could elevate its functionality and style. The bedroom is ample in size (approximately 14’9” x 10’0”) with large windows adding to the spacious ambiance. A sizeable bathroom features both a shower enclosure and bathtub, presenting comfort and practicality. Moreover, built-in storage off the hallway offers useful solutions often lacking in city apartments. Nestled near Leicester Railway Station ensures excellent transport links to major cities like Birmingham and London. The nearby city centre is filled with diverse shopping options and numerous dining venues, while cultural spots such as Curve Theatre add local appeal. Close proximity to green spaces like Victoria Park allows residents an escape from urban life while remaining connected. With easy access to both Leicester University and De Montfort University, this property holds strong rental potential making it appealing for investors targeting student accommodation. Though currently presented in fair condition, there is significant room for cosmetic upgrades throughout the apartment to not only modernize but also increase its market value—making this property a promising investment opportunity.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(LE1 area)
Area Average
£190/sq ft
Avg Rent (weekly)
£183
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LE1)

Area prices are falling by -24.7% over the last 12 months
3 year growth: -19.3%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on LE1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Princess Road East, Leicester LE1
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£340
Based on a loan of £67,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-18.2% since listed
£90,000£20,000(-18.2%)
22/06/2026
Current price
£110,000Initial listing
23/05/2026

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development

Similar properties