1/14
£125,000
Flat · 2 beds
Watkin Road, Leicester, LE2
Leasehold
1/8
1/8
2 bed flat for sale Watkin Road, Freemans Meadow, LE2
Asking price
£125,000
Added today
Added today
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Tenure
- Leasehold
Council tax Band D £2,529 a year
Key features
- En-suite To Main Bedroom
- Potential gross rental yield of approximately 10.56%
- Duplex Apartment
- Two Double Bedrooms
- Balcony
- Ideal For First Time Buyers & Investors
- No Upward Chain
- Well Suited For Three Leicester Hospitals
- Easy Access To City Centre & Rail Station
About this property
No upward chain & providing an exceptional yield of 10.56%. Beautifully presented two-bedroom duplex apartment with spacious open-plan living, two balconies and generous accommodation throughout.
Floorplan
Council tax
Band D £2,529 a year
Per year
- Band A£1,686
- Band B£1,967
- Band C£2,248
- Band DThis home: £2,529
- Band E£3,091
- Band F£3,653
- Band G£4,215
- Band H£5,058
This home is in band D, which costs £2,529 a year in Leicester for 2026/27.
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. Check a home's band on GOV.UK.
Price guide
79 comparables · within 3 milesCheaper than 65% of the 2-bed flats for sale nearby right now.
This home, £125,000 Median £140,000 · £85,000 – £209,200
Compared with 79 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Watkin Road, Freemans Meadow, LE2
Mortgage and stamp duty
Property price £125,000
£62k £188k
Deposit10% £13,000
£0 £125k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £112,000 mortgage. Most lenders would want a household income of about £25,000 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 25, 37, Watkin Road Flat / maisonette | Flat / maisonette | Jul 2025 | 743 sq ft £222/sq ft | 743 sq ft | £222 | £165,000 |
| Flat 1, 35, Watkin Road Flat / maisonette | Flat / maisonette | Nov 2023 | 904 sq ft £190/sq ft | 904 sq ft | £190 | £172,000 |
| Flat 37, 37, Watkin Road Flat / maisonette | Flat / maisonette | Feb 2023 | 990 sq ft £217/sq ft | 990 sq ft | £217 | £215,000 |
| Flat 4, 35, Watkin Road Flat / maisonette | Flat / maisonette | Jul 2022 | 840 sq ft £212/sq ft | 840 sq ft | £212 | £178,000 |
| Flat 1, 39, Watkin Road Flat / maisonette | Flat / maisonette | Oct 2021 | 1,055 sq ft £166/sq ft | 1,055 sq ft | £166 | £175,000 |
| Flat 17, 37, Watkin Road Flat / maisonette | Flat / maisonette | Jun 2020 | 700 sq ft £232/sq ft | 700 sq ft | £232 | £162,500 |
| Flat 3, 35, Watkin Road Flat / maisonette | Flat / maisonette | Mar 2020 | 818 sq ft £205/sq ft | 818 sq ft | £205 | £167,500 |
| Flat 1, 35, Watkin Road Flat / maisonette | Flat / maisonette | Apr 2019 | 904 sq ft £198/sq ft | 904 sq ft | £198 | £179,000 |
Area insights
The neighbourhood around this property.
