Auction

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Auction

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2 bed flat for sale Lee Street, Leicester, LE1

Guide Price

£54,000

Added on 16/09/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £98 per sq ft
Tenure: Leasehold

EPC C 78

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Second Floor Apartment
Prime Leicester city centre location
Modern apartment within The Exchange Development
Open-plan living and kitchen area with integrated appliances including washer/dryer, dishwasher and fridge-freezer
On-Site Concierge, Residents On-Site Gym, Secure underground parking available for additional monthly charge. Secure entry system & lift access. Walking distance to train station & Highcross

About this property

Stylish City Centre Living – Ideal for First-Time Buyers or Investors

NO UPWARD CHAIN

Situated within the sought-after Exchange development in the heart of Leicester city centre, this beautifully presented apartment offers modern living with convenience on your doorstep.

The property comprises a bright and spacious open-plan living and kitchen area, designed to maximise space and natural light. The contemporary fitted kitchen features a range of integrated appliances and ample storage, making it perfect for both everyday living and entertaining.

Floorplan

Energy performance

C 78

Current

Potential

92+

81-91

69-80

78 C

80 C

55-68

39-54

21-38

1-20

This home is rated band C, scoring 78 out of 100. The average British home is band D. Its certificate says it could reach band C (80) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

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

This home

£98 / sq ft

Area average (sold)

£186 / sq ft

Price per area, sold homes nearby

£119 / sq ft

£98 / sq ft

£253 / sq ft

Lowest

This home

Highest

£98 per sq ft, below almost all recent sales in LE1 (£119–£253, 10th–90th percentile, 90 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 90 homes sold in LE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LE1 →

Location

Lee Street, Leicester, LE1

Open map Street View

Mortgage and stamp duty

Property price £54,000

£27k £81k

Deposit9% £5,000

£0 £54k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £49,000 mortgage. Most lenders would want a household income of about £11,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 203, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Jun 2026	n/a	n/a	n/a	£65,500
Flat 118, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Mar 2026	n/a	n/a	n/a	£82,500
Flat 202, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Dec 2025	n/a	n/a	n/a	£70,000
Flat 225, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Jul 2024	n/a	n/a	n/a	£66,500
Flat 107, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Jul 2024	n/a	n/a	n/a	£75,000
Flat 110, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Apr 2024	n/a	n/a	n/a	£69,000
Flat 226, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Feb 2024	n/a	n/a	n/a	£70,000
Flat 115, The Exchange, 5, Lee Street Flat / maisonette	Flat / maisonette	Apr 2023	n/a	n/a	n/a	£90,000