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1 bed flat for sale Rutland Street, LE1

Offers over
£80,000
Newton Fallowell logo

Added on 25/09/2026

Type
Flat
Bedrooms
1
Bathrooms
1
Tenure
Leasehold

About this property

Newton Fallowell have the pleasure in marketing this 1 double bedroom apartment located within the prestigious Alexandra House in the hear to the Cultural Quarter, with open plan living, bathroom, and double bedroom, this is only suitable for investment( Portfolio Landlords ideally with existing experience with non-qualifying lease’s), offered to the market with No Chain.

Council tax

Ask agent
Per year
  • Band A
    £1,686
  • Band B
    £1,967
  • Band C
    £2,248
  • Band D
    £2,529
  • Band E
    £3,091
  • Band F
    £3,653
  • Band G
    £4,215
  • Band H
    £5,058

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Leicester, 2026/27 bills run from £1,686 a year in band A to £5,058 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Leicester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

38 comparables · within 2.8 miles

Cheaper than 76% of the 1-bed flats for sale nearby right now.

This home, £80,000 Median £97,500 · £70,000 – £126,500

Compared with 38 1-bed flats for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Rutland Street, LE1

Mortgage and stamp duty

Property price £80,000
£40k £120k
Deposit10% £8,000
£0 £80k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £72,000 mortgage. Most lenders would want a household income of about £16,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 89, Alexandra House, 47, Rutland Street Flat / maisonetteApr 2026538 sq ft £139/sq ft£75,000
Apartment 98, Alexandra House, 47, Rutland Street Flat / maisonetteNov 2024775 sq ft £145/sq ft£112,000
Apartment 71, Alexandra House, 47, Rutland Street Flat / maisonetteJul 2024624 sq ft £119/sq ft£74,000
Apartment 97, Alexandra House, 47, Rutland Street Flat / maisonetteJun 2023753 sq ft £153/sq ft£115,000
Apartment 38, Alexandra House, 47, Rutland Street Flat / maisonetteSept 2022344 sq ft £221/sq ft£76,000
Apartment 55, Alexandra House, 47, Rutland Street Flat / maisonetteJun 2022549 sq ft £169/sq ft£93,000
Apartment 38, Alexandra House, 47, Rutland Street Flat / maisonetteFeb 2021344 sq ft £232/sq ft£80,000
Apartment 104, Alexandra House, 47, Rutland Street Flat / maisonetteFeb 2020775 sq ft £156/sq ft£121,000

All sales on Rutland Street → All sold prices in Leicester →

Area insights

The neighbourhood around this property.

Marketed by
Newton Fallowell, Oadby
2 Brooksby Drive, The Parade, Oadby
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