£110,000
1 bed flat for salePrincess Road East, Leicester LE1
1 bed
1 bath
1 reception
About this property
EPC tbc
Council Tax Band C
Close to Leicester Railway Station and universities
Excellent city centre location
Bathroom with separate shower and bath
Generous double bedroom
Secure gated allocated parking
Large open plan lounge and kitchen area
Spacious one-bedroom apartment
JG0769
Located within the sought-after New Walk Central Apartments development, this spacious one-bedroom apartment offers generous accommodation in the heart of Leicester city centre and presents an excellent opportunity for first-time buyers, professionals or investors alike. Positioned within a secure gated development with allocated parking, the property combines city living convenience with well-proportioned internal space and excellent access to a wide range of local amenities, transport connections and leisure facilities.
The apartment features a particularly impressive open plan lounge and kitchen area measuring approximately 27’9” x 16’2” maximum, creating a bright and versatile living environment with ample room for both relaxing and dining. Large dual aspect windows allow natural light to flow throughout the room, while the fitted kitchen is arranged in a practical u-shape layout with a central island unit, offering plentiful cupboard and worktop space alongside integrated cooking facilities. The open design provides a sociable living arrangement well suited to modern lifestyles.
The double bedroom is spacious and well proportioned, measuring approximately 14’9” x 10’0”, with dual windows enhancing the sense of light and space. The accommodation is further complemented by a sizeable bathroom fitted with both a separate shower enclosure and bathtub, creating a practical and comfortable arrangement. Additional built-in storage cupboards located off the hallway provide useful everyday storage solutions rarely found in many city apartments.
The property forms part of a secure development with gated parking and enjoys a highly convenient position close to Leicester Railway Station, making it ideal for commuters travelling to Birmingham, Nottingham and London. Leicester city centre is within easy walking distance and offers an extensive selection of shopping, restaurants, cafés, bars and entertainment venues, including the Highcross Shopping Centre, Curve Theatre and a variety of independent businesses throughout the Cultural Quarter and nearby Queens Road area. Victoria Park and the attractive New Walk are also nearby, providing green open spaces and pleasant walking routes.
The apartment is well placed for access to both the University of Leicester and De Montfort University, making it appealing to students, academic professionals and investors seeking strong rental demand. Leicester Royal Infirmary and Leicester General Hospital are both easily accessible from the property. The surrounding area also benefits from a range of well-regarded schools and educational facilities including Leicester Preparatory School, St Philip’s CofE Primary School, Lancaster Academy and Moat Community College. Everyday amenities including supermarkets, gyms, convenience stores and coffee shops are all located within close proximity.
Offered in fair condition throughout, the property presents excellent potential for cosmetic improvement and modernisation, allowing a purchaser to add value and personalise the interior to their own style and specification. The combination of generous room sizes, central location, secure parking and strong connectivity makes this an attractive and versatile apartment within a well-established Leicester development.
The ground rent is £150pa until 2044 (after which £250 pa for 42 years, then £350pa for the remainder of the 125 year term).
The service charge was £2109.67 for the rental year 1.1.2026 to 31.12.2026 (paid in full in advance)
Lease has approx 100 years remaining on it's term. Lease is up on 21st December 2126.
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£550 per month
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More information
Tenure
Leasehold (100 years)
Service charge
£2,110 per year
Council tax band
C
Ground rent
£150
Ground rent date of next review



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