1/17

2 bed flat for sale Lee Street, Leicester, LE1

Asking price

£82,000

Added on 26/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £124 per sq ft
Tenure: Leasehold

Service charge £2,800 a yearGround rent £200 a year

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

About this property

OFFERED FOR SALE WITH NO UPWARD CHAIN

Spencers are pleased to present this two bedroom apartment to the market. Located in the city centre of Leicester providing easy access to an array of local amenities, the Curve Theatre, various bars, restaurants and cafes.

The property is an excellent investment opportunity which is available for a fresh tenancy agreement and enjoying immediate income circa 9.73% gross yield with a secure assured short hold tenancy agreement with a tenant who would like to renew, subject to contract.

Floorplan

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.

Property timeline

Listed

September 2026 £82,000

2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

92 comparables · within 3 miles

Cheaper than 96% of the 2-bed flats for sale nearby right now.

This home, £82,000 Median £140,000 · £90,500 – £219,950

Per square foot

£124 34% under

2-bed flats nearby £189

Against sold prices

28% under

LE1 sold median £172 / sq ft, 90 sales

Compared with 92 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. Sold prices are HM Land Registry sales in LE1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in LE1 →

Location

Lee Street, Leicester, LE1

Open map Street View

Mortgage and stamp duty

Property price £82,000

£41k £123k

Deposit10% £8,000

£0 £82k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £74,000 mortgage. Most lenders would want a household income of about £17,000 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