1/15

1 bed flat for sale Gateway Street, Leicester, LE2

Offers In The Region Of

£60,000

Added on 23/09/2026

Type: Flat
Bedrooms: 1
Tenure: Leasehold

About this property

Fantastic Student Studio Investment Opportunity – Fully Managed & Let – Ideal Addition to Your Property Portfolio 12.5% NET YEILD!

Perfectly suited for students relocating to Leicester, this secure and professionally managed studio apartment offering an ideal blend of comfort, convenience, and city-centre living. Situated in a prime location, the property is just moments away from local shops, supermarkets, and essential amenities, making everyday life effortless.

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.

Price guide

44 comparables · within 2.2 miles

Cheaper than 98% of the 1-bed flats for sale nearby right now.

This home, £60,000 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 £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