Offers over
£80,000
1 bed flat for saleNavigation Street, Leicester, Leicestershire LE1
1 bed
1 bath
1 reception
EPC Rating: C
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
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