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Studio for sale

£95,000 From

Princess Road West, Leicester LE1

1 1
Interested in this property? Call +44 116 238 0367 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • An exclusive period conversion consisting of 35 individual apartments.
  • City Centre Location within walking distance of the train station
  • Ideal Investment Property
  • Quality Kitchens and Luxury Bathrooms
  • Ideally located in easy access of De Montfort and Leicester University and Leicester Royal Infirmary
  • Available to buy with as little as 5% deposit on Help to Buy
  • Restoring many of its features including beautiful sash windows
  • Elegant staircase and high ceilings to some apartments

Property description


Summary
An exclusive period conversion consisting of 35 individual apartments, situated just off of the New Walk, in Leicester City Centre. This period property has been aesthetically refurbished to include beautiful sash windows, elegant staircase and high ceilings to some of the apartments.

Description
An exclusive period conversion consisting of 35 individual apartments. This period property has been refurbished to include beautiful sash windows, elegant staircase and high ceilings to some of the apartments. The Studio 11 is situated on the first floor of 26-28 Princess Road West, and has open plan living space with shower room. Ideal first time buyer property.

An Outstanding Choice
22-28 Princess Road West is an exclusive period conversion consisting of 35 individual apartments. This period property has been aesthetically refurbished restoring including beautiful sash windows, elegant staircase and high ceilings to some of the apartments. There is a selection of studio, one and two bedroom luxury apartments some with outdoor space including a courtyard garden. The development has two parts, 22-24 Princess Road West and 26-28 Princess Road West . 22-24 has an impressive hallway leading to the apartments on the ground and first floor, beautiful arched windows and original staircase, whilst 26-28 has a range of units over 4 floors starting from just £95,000.

Location
Princess Road West is a highly desirable area to live in Leicester. There is a mix of individual Victorian and Edwardian properties dotted along the tree lined pedestrian free walkway New Walk located close by, as well as the beautiful New Walk Museum and Art Gallery and the beautiful Museum Square park just a stones throw away. Access via a short stroll down New Walk, Leicester town centre is in easy reach too, offering a wide range of shopping and leisure facilities including the Highcross shopping centre, the smaller St Martins Square and Leicester Lanes where you'll find numerous designer and specialist shops. The Golden Mile, the name given to a stretch of Belgrave Road, is renowned for its authentic Indian restaurants, sari shops and jewellers.
Leicester is brimming with things to see and do, with state-of-the-art, award-winning venues including Curve, Highcross Shopping Centre and the National Space Centre, a fantastic calendar of events and festivals, renowned museums and galleries, a range of cuisines, areas of natural beauty and ancient heritage including the much published Richard the 3rd exhibition. Home to Premier League winners Leicester City Football Club and The Tigers Rugby Club, Leicester is a modern city, rich in arts, culture, sports and heritage, offering something of interest for all ages

Nearby
Conveniently located with Leicester University, Leicester Royal Infirmary Hospital and De Montfort University all within easy walking distance, these apartments are an ideal investment offering attractive yields, or an ideal base for students or employees of these institutions. Leicester train station is easily accessible within a 10 minute walk offering direct train links to Nottingham, Birmingham and London St Pancras within the hour.

Viewing
All studios and apartments include flooring, quality kitchens with integrated appliances and luxury bathrooms. To view these amazing apartments please contact Connells Leicester.

1st Flr Studio / Apartment 11

Comprises

Door To Hallway

Studio 20' 9" x 15' 6" ( 6.32m x 4.72m )
Having Kitchen/Living and bedroom

Shower Room
Having shower cubicle, wc and wash hand basin

Help To Buy
These properties are available on the Help to Buy scheme with as little as 5% deposit dependent upon financial situation. For further details about the scheme please speak with our Mortgage Advisor on .

Disclaimer:
This brochure has been prepared from plans supplied by the developer. The Company have yet to verify the information derived from these plans because of the stage of construction. Photos used are from similar apartments and are for guidance only.

Directions
By foot from the Leicester city branch, proceed along Granby Street towards Leicester Railway station, at the junction with Belvoir Street, turn right, follow this road and at the 2nd set of traffic lights turn left onto King Street and Princess Road West is on the left hand side, you will see the apartments on the left hand side.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £123,169 Sales 120 Current average value £154,087 (Zoopla Zed-Index) Value change £3,153 ▲ 2.09%

Property value data/graphs for LE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £275,377 - 3.7 -
Semi-detached £237,940 - 3.6 £250,000
Terraced £240,893 £173 3.2 £222,000
Flats £143,710 £218 1.8 £118,385

Current asking prices in LE1

Average: £129,505
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £185,000
(1)
- -
Flats £91,776
(78)
£148,026
(47)
£158,250
(8)
- -
All £91,776
(78)
£148,026
(47)
£161,222
(9)
- -

Current asking rents in LE1

Average: £798 pcm
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £368 pcm
(2)
£600 pcm
(2)
£1,289 pcm
(7)
£1,591 pcm
(5)
£1,440 pcm
(5)
Flats £612 pcm
(72)
£750 pcm
(40)
£1,127 pcm
(9)
£1,428 pcm
(6)
£1,269 pcm
(4)
All £605 pcm
(74)
£743 pcm
(42)
£1,198 pcm
(16)
£1,502 pcm
(11)
£1,364 pcm
(9)

Fun facts for LE1

Highest value in LE1
Highest value streets Zed-Index
Wellington Street £280,574
De Montfort Street £272,931
West Street £258,718
New Walk £251,910
Salisbury Road £250,022
Highest turnover in LE1
Highest turnover streets Turnover
Shires Lane 74.2%
Church Street 67.9%
Berridge Street 60.0%
Colton Square 51.6%
Norton Street 35.3%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (529 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Leicester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Leicester (0.3 miles)
  • South Wigston (3.3 miles)
  • Syston (4.9 miles)
  • East Midlands Airport (16.2 miles)
  • Coventry Airport (23.2 miles)
  • Birmingham International Airport (28.7 miles)
  • West Lynn Ferry Landing (64.3 miles)
  • King's Lynn Ferry Landing (64.4 miles)
  • Hull Ferry Terminal (84.8 miles)

Nearby schools

View all schools in Leicester
  • Sparkenhoe Community Primary School (0.5 miles)
  • Hazel Community Primary School (0.5 miles)
  • Al-Islamia Institute for Education (0.6 miles)
  • Regent College (0.4 miles)
  • Leicester College co Freemen's Park Campus (0.5 miles)
  • Wyggeston and Queen Elizabeth I College (0.8 miles)
  • The Children's Hospital School (0.2 miles)
  • Moat Community College (0.5 miles)
  • Leicester International School (0.7 miles)
Note: Distances are straight line measurements

Local info for Leicester

About the neighbours in LE1

AskMe Q&A for Leicester

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For more information about this property, please contact
Connells, LE1 on +44 116 238 0367 * (local rate)

Monthly running costs Beta

£548 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,500
Repayment term 25
Interest rate 1.5
Your payment £341 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £50,000 Contents value up to £20,000 Average insurance cost £34/mo (£410/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £22 Estimated energy cost £41/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5900 kWh/year
Electricity: 1700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Leicester

Estimated tax band A Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Connells about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Connells, and do not constitute property particulars. Please contact Connells for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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