Sold Flat

8 RATBY LANE

LEICESTER, LEICESTER FOREST EAST, LEICESTERSHIRE LE3 3LF

1 beds 1 baths Listed 30 Aug 2017 (-3258d)

£79,995

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Property details

Tenure

LEASEHOLD

EPC rating

D

Last sold

£45,200 Nov 1998

Price per m²

£1,039/m²

Local average

£118,769 (-32.6%)

Deprivation

Decile 8 (25,046 of 33,755)

Street crime

216 incidents within 1 mile (May 2026)

Key features

  • 8% Assured Net Rental Return for 3 Years
  • Located in Leicester City Centre
  • Next to the University
  • A range of on-site facilities including underground parking
  • Experienced Management Company
  • Property Prices from £68,000

Additional details

Parking
Yes

Description

Leicester Student Property

For Investment Purposes Only - 50% Deposit Required - Below Market Value

This student development is ideally located close to the universities and the student village of the city of Leicester. It's the perfect solution for postgraduate students looking for independent living in a student environment.

The demand characteristics exhibited by postgraduate students has changed over recent years - many, especially those from overseas, no longer wish to live in converted houses or in the common "cluster-flat" undergraduate student accommodation.

They now require bespoke, purpose-built accommodation which lies close to the educational hub.

With ever-increasing numbers of postgraduates, purpose-built student properties have become a mainstream global asset class which provides investors with a safe investment and minimal risk.

These properties boast larger than average, high quality living spaces designed to meet the needs of the postgraduate student market.

To Receive a Free Financial Form Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

1. 8% Assured Net Rental Return for 3 Years
2. Located in Leicester City Centre
3. Next to the University
4. A range of on-site facilities including underground parking
5. Experienced Management Company
6. Property Prices from £68,000

About Leicester

Located in the East Midlands, Leicester is the tenth largest city in the UK and provides a cultural, diverse and commercial centre.

With the highest population in its region of people aged 19 and under, Leicester has a total student population of over 37,000. The city is home to two world-renowned universities, University of Leicester and De Montfort University. Over 9,800 students in the city are postgraduates.

Numbers are not set to diminish anytime soon: postgraduate qualifications are becoming more of a necessity in the increasingly competitive jobs market and it is understood that a Masters helps graduates to stand out. Such a qualification is also becoming more of a requirement in many professions. There is, therefore, a need to answer this specific market's demands and provide first class facilities, such as the provision of modern, purpose-built student accommodation.

26% of the city's student population are postgraduates. With very little availability of purpose-built schemes, the demand for quality accommodation is very high, making this development the perfect investment solution.

For More Information Call Us Today or Register Below for an Info Pack

Listed by

London

RW Invest North Ltd

Reference: 68596052

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: A

Inspection date: 03/11/2017

Expiry date: 02/11/2027

Est. upgrade cost to C: £41,900

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Upgrade heating controls (£350 - £450)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)
  • Wind turbine (£15,000 - £25,000)

View full EPC on gov.uk

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

Floorplan 1

Floorplan 1

Price history

Event Date Price % change
Sold 06/11/1998 (27 years ago) £45,200

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -13.1%
10y growth -1.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Blaby. Series: Flats and maisonettes. As of April 2026.

1y (index) -4.8%
5y (index) 3.3%
10y (index) 28.8%

Rental Range

Estimated market rent for Blaby. Low = conservative, Realistic = average, Optimistic = best case.

Low £891/mo
Realistic £990/mo
Optimistic £1,089/mo

Based on Local Authority from postcode lookup → Blaby.

LHA (30th percentile) floor for Leicester: £539/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Meynells Gorse 0.0 miles
Shop Braunstone Crossroads Motors 0.1 miles
Shop Hayre Newsagents 0.1 miles
Hospital South Entrance 2.0 miles
Hospital Main Entrance 2.1 miles
University University of Leicester 2.8 miles
Train station Unknown 3.0 miles
Train station Leicester 3.4 miles

Street-level crime

Category Count
Violence and sexual offences 78
Anti-social behaviour 32
Criminal damage and arson 30
Other theft 17
Public order 15
Vehicle crime 11
Burglary 8
Shoplifting 8
Robbery 6
Drugs 4
Possession of weapons 3
Bicycle theft 2
Other crime 2
Total incidents 216

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Fossebrook Primary School Primary 0.3 miles Good — 22 May 2019
Stafford Leys Community Primary School Primary 0.8 miles Good — 24 Aug 2021
Emmanuel Christian School Other 0.8 miles Inadequate — 29 Mar 2022
Braunstone Frith Primary Academy Primary 0.8 miles Good — 17 Apr 2024
Braunstone Community Primary School Primary 0.9 miles Good — 10 Oct 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Scout Close, LE3 £725/mo 1 0.52 miles OpenRent

Average rent: £725/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.91%
Max investor price (0.8%) £90,625
Target investor price (1%) £72,500
Gross yield 10.9%
Cost-to-rent ratio 9.2×
Monthly cashflow £312/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 16.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).