Offers over

£80,000

1 bed flat for sale
Navigation Street, Leicester, Leicestershire LE1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Leasehold

Frank Innes - Leicester Sales

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About this property

    Property Video:


    A superb opportunity to acquire a refurbished one bedroom apartment on the 14th floor of the sought after Horizon Building, offering panoramic city views, modern finishes, and an exceptional city-centre lifestyle. With no upward chain, a long 130 year lease, and an impressive approx. 13.7% rental yield, this property appeals equally to first-time buyers and investors.

    Property Highlights
    14th floor one-bed apartment with external balcony and far-reaching views

    Communal entrance on Navigation Street

    Access to two lifts plus emergency stairways to all floors

    Concierge service located in the ground floor foyer

    Secure postal box access at all hours

    Basement car park available (£50/month via management registration)

    Prime city-centre location within near distance of major amenities

    Horizon Building fully renovated in line with Fire Safety (England) Regulations 2022

    No upward chain

    Leasehold – 130 years remaining

    Estimated rent £800 pcm / £9,600 pa

    Location
    Situated at The Horizon, 2 Navigation Street, Leicester LE1 3UN, this apartment places you at the heart of Leicester’s vibrant city centre.

    Within a very short distance are:

    Highcross & Haymarket shopping centres

    Leicester Train Station

    St Margaret’s Bus Station (Intercity & airport links)

    Haymarket Regional Bus Station

    Supermarkets, cafés, restaurants & nightlife

    Phoenix Cinema & Art Centre

    Curve & Haymarket Theatres

    Universities & Abbey Park

    Internal Accommodation
    Entrance Hallway – 28' 2'' x 4' 2'' (8.58m x 1.27m)
    A spacious hallway featuring a wall-mounted heater, clothes hooks, notice board, fuse box, video intercom system, heating controls, and new laminated wood flooring.

    Bedroom – 10' 4'' x 9' 1'' (3.15m x 2.77m)
    Bright and comfortable with two half-height double-glazed windows, new heavy-duty carpet, wall-mounted heater, storage box seating, and telephone/internet sockets.

    Bathroom – 6' 8'' x 5' 5'' (2.03m x 1.65m)
    Includes a standard bathtub with shower, safety handles, curtain rail, storage cabinet, basin, mirror, toilet, draining rack, wall-mounted heater, extractor fan, and new heavy-duty lino flooring.

    Kitchen Lounge – 20' 6'' x 13' 1'' (6.24m x 3.98m)
    A generous open plan living space with:

    Integral hot water tank

    Dishwasher, washing machine, fridge freezer

    Stainless steel electric oven, hob & extractor

    Multiple telephone/internet/TV sockets

    Four half-height windows, two full-height windows & balcony door

    New laminated flooring

    Glasstop table with metal legs and four foldable chairs

    External Balcony – 16' 0'' x 3' 11'' (4.87m x 1.2m)
    A standout feature with new aluminium decking, freshly repainted handrails and panels, plus a bistro set and outdoor sofa-style seat-perfect for enjoying the skyline.

    Building & Compliance
    The Horizon Building’s communal areas, external cladding, apartment front door, and balcony decking have all been upgraded to meet Fire Safety (England) Regulations 2022.

    Leasehold Information
    Lease: 150 years from 2006 (130 years remaining)

    Ground Rent: £150 per annum (paid half-yearly)

    Service Charge: £2,600 per annum

    Management Company: Pinnacle

    Entrance Hallway (8.58m x 1.27m)

    Bedroom (3.15m x 2.77m)

    Bathroom (2.03m x 1.65m)

    Kitchen/Lounge (6.24m x 3.98m)

    External Balcony (4.87m x 1.2m)

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    More information

    • Tenure

      Leasehold (Ask agent)

    • Service charge

      £2,600 per year

    • Council tax band

      A

    • Ground rent

      £150

    • Ground rent date of next review

    See all recent sales in LE1

    Property descriptions and related information displayed on this page are marketing materials provided by - Frank Innes - Leicester Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Frank Innes - Leicester Sales for full details and further information.