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1 bed flat for sale

£99,000 (£258/sq. ft)

Princess Road West, Leicester LE1

1 1 1 384 sq. ft*
Interested in this property? Call +44 116 484 9980 * or Request Details

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

Property features

  • Ground floor Studio Apartment
  • Brand New
  • Live off the New Walk
  • In the heart of the City Centre
  • Modern

Property description

Flat 4/26-28
An exclusive period conversion in the heart of the City Centre and conveniently located off the New Walk.

The property This is a studio apartment located on the ground floor. The flat comprises of an open plan living room and bedroom, kitchen comes with fitted cupboards with good quality finishings. Integrated oven and hob. There is a separate shower room which comes with shower cubicle, WC and wash hand basin

Service charge: Studio: £950.00 per annum

Lease years: 125

Studio approx size

18'3 x 15'6

Location These apartments are located centrally off the New Walk. Within walking distance to University of Leicester and De Montfort University. There are several points of interest around the city including the Highcross Shopping Centre, The Curve theatre and The National Space Centre

Help to buy Dependant on individuals circumstances you may be able to receive help from the help to buy scheme with only 5% deposit. You must speak to a financial advisor or your bank to discuss your options further.

Disclaimer Photos used are from similar apartments and are for guidance only, the information provided for the apartments are taken directly from the developer whilst the building is partially still under construction.

Important 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: Reign Real Estate 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: Reign Real Estate has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Property info

Market activity
Average price paid £125,823 Sales 66 Current average value £152,339 (Zoopla Zed-Index) Value change £3,567 ▲ 2.40%

Property value data/graphs for LE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £277,375 - 3.7 -
Semi-detached £251,046 - 3.6 £310,000
Terraced £249,606 £176 3.2 £176,000
Flats £141,091 £213 1.8 £119,513

Current asking prices in LE1

Average: £133,282
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £82,900
(1)
£125,000
(1)
- - -
Flats £94,339
(110)
£148,064
(58)
£194,000
(11)
- -
All £94,236
(111)
£147,673
(59)
£194,000
(11)
- -

Current asking rents in LE1

Average: £737 pcm
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £596 pcm
(4)
£591 pcm
(3)
£776 pcm
(2)
£1,177 pcm
(7)
£505 pcm
(4)
Flats £608 pcm
(158)
£882 pcm
(89)
£1,298 pcm
(12)
£1,734 pcm
(10)
£1,180 pcm
(4)
All £608 pcm
(162)
£872 pcm
(92)
£1,223 pcm
(14)
£1,505 pcm
(17)
£842 pcm
(8)

Fun facts for LE1

Highest value in LE1
Highest value streets Zed-Index
Wellington Street £280,192
New Walk £268,936
West Street £266,729
Salisbury Road £248,835
Newtown Street £246,268
Highest turnover in LE1
Highest turnover streets Turnover
Shires Lane 76.7%
Church Street 67.9%
Berridge Street 50.0%
Colton Square 46.7%
Norton Street 35.3%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (615 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 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 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 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)
  • Highfields Primary School (0.7 miles)
  • Wigston College (3.4 miles)
  • Beauchamp College (3.8 miles)
  • Groby Community College (4.8 miles)
  • The Children's Hospital School (0.2 miles)
  • Moat Community College (0.5 miles)
  • Al-Ihsaan Community College (0.8 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Reign Real Estate Ltd, LE1 on +44 116 484 9980 * (local rate)

Monthly running costs Beta

£564 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,900
Repayment term 25
Interest rate 1.5
Your payment £356 /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)
Compare insurance deals now 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 £23 Estimated energy cost £42/mo

Similar properties could save up to £141

How Much Could I Save? 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.

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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 Reign Real Estate Ltd, and do not constitute property particulars. Please contact Reign Real Estate Ltd 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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