1/6

1 bed flat for sale Gateway Street, Leicester, LE2

Guide Price

£70,000

Added on 23/09/2026

Type: Flat
Bedrooms: 1
Tenure: Leasehold; 244 years left(from the agent's description)

Ground rent £250 a year

* From the agent's description. Check it with them before you rely on it.

About this property

Cash Buyers Only. Guide Price: £70,000-£80,000

The perfect buy to let investment! Studio apartment in the sought after Primus Place development. Student Tenants in place for 22/23 - £169.00 p/w.

Studio apartment in the sought after Primus Place development. Student Tenants in place for 22/23 - £169.00 p/w.

Service Charge: £1999.86 Ground Rent: £250pa Lease: 244yrs remaining Management Fee: 3.65%

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

44 comparables · within 2.2 miles

Cheaper than 89% of the 1-bed flats for sale nearby right now.

This home, £70,000 Median £102,500 · £71,500 – £128,500

Compared with 44 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 £70,000

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 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 98, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Oct 2025	n/a	n/a	n/a	£58,000
Flat 138, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Nov 2022	n/a	n/a	n/a	£72,000
Flat 112, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Feb 2019	n/a	n/a	n/a	£77,500
Flat 82, Primus Place, 56, Gateway Street Flat / maisonette	Flat / maisonette	Jan 2019	n/a	n/a	n/a	£75,000