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1 bed flat for sale Gateway Street, Leicester, LE2

Asking price

£60,000

Added on 16/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold

EPC C 76

Key features

Low-maintenance, hands-off investment opportunity; student in situ; rent paid annually upfront
Top floor studio flat within a modern student development
Open-plan living, kitchen and bedroom layout with integrated appliances
Contemporary shower room with white suite and tiled finish
Fully furnished and purpose-built for students
Secure building with reception, post room and laundry facilities
Ideally situated for those studying at De Montfort University and Leicester University
Attractive 12.5% net yield, ideal for investors

About this property

**

Top Floor Studio | Purpose-Built Student Accommodation | Investor Opportunity Offering 12.5% Net Yield**

This purpose-built student flat is being sold with a tenant already in place, with rent paid annually upfront, making it an ideal low-maintenance investment. Primus Place presents an excellent opportunity for investors seeking a fully managed, high-yielding student property in Leicester’s city centre.

Floorplan

Energy performance

C 76

Current

Potential

92+

81-91

69-80

76 C

78 C

55-68

39-54

21-38

1-20

This home is rated band C, scoring 76 out of 100. The average British home is band D. Its certificate says it could reach band C (78) 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

43 comparables · within 2.2 miles

Cheaper than 100% of the 1-bed flats for sale nearby right now.

This home, £60,000 Median £105,000 · £75,000 – £129,000

Compared with 43 1-bed flats for sale within 2.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Gateway Street, Leicester, LE2

Open map Street View

Mortgage and stamp duty

Property price £60,000

£30k £90k

Deposit10% £6,000

£0 £60k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 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 10, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	May 2025	205 sq ft £281/sq ft	205 sq ft	£281	£57,500
Flat 23, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Aug 2024	n/a	n/a	n/a	£73,500
Flat 65, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Jan 2023	n/a	n/a	n/a	£69,500
Flat 9, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Oct 2019	n/a	n/a	n/a	£70,000
Flat 31, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Oct 2019	n/a	n/a	n/a	£69,750
Flat 35, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Feb 2019	205 sq ft £342/sq ft	205 sq ft	£342	£70,000
Flat 20, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Oct 2018	n/a	n/a	n/a	£69,000
Flat 73, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Mar 2018	n/a	n/a	n/a	£72,000