Sold Flat

230 TAY ROAD

LEICESTER, LUBBESTHORPE, LEICESTERSHIRE LE19 4DJ

2 beds 2 baths 840 sq ft Listed 16 Jan 2025 (-513d)

£220,000

Guide Price

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FRONT DOOR ENTRANCE LOUNGE LOUNGE LOUNGE ENTRANCE OPEN PLAN KITCHEN OPEN PLAN KITCHEN OPEN PLAN KITCHEN BATHROOM BEDROOM ONE BEDROOM ONE ENSUITE SHOWER ROOM BEDROOM TWO BEDROOM TWO OUTSIDE GATED ENTRANCE 2 ALLOCATED SPACES

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Property details

Tenure

LEASEHOLD (997 years remaining on lease)

Floor area

78 m²

Council tax band

B

EPC rating

B

Last sold

£218,000 Nov 2025

Price per m²

£2,821/m²

Local average

£160,750 (+36.9%)

Deprivation

Decile 8 (24,843 of 33,755)

Street crime

60 incidents within 1 mile (Apr 2026)

Key features

  • BEAUTIFULLY PRESENTED GROUND FLOOR APARTMENT
  • OFFERED WITH NO CHAIN ABOVE - INTERCOM ACCESS TO BUILDING
  • SECURE GATED PARKING WITH TWO ALLOCATED SPACES
  • FITTED OPEN PLAN KITCHEN WITH SPACIOUS LOUNGE AND DINING AREAS
  • TWO DOUBLE BEDROOMS WITH ENSUITE SHOWER TO BEDROOM 1
  • PLUS ADDITIONAL BATHROOM
  • HIGH SPECIFICATION THROUGHOUT WITH MANY EXTRAS ADDED
  • SERVICE CHARGE/GROUND RENT £1521.98 P/A
  • ENERGY RATING B / COUNCIL TAX BAND B
  • LEASEHOLD 997 YEARS / LAND TRUST CHARGE £189 P.A

Additional details

Electricity
Mains supply
Broadband
FTTP (fibre to the premises)
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Accessibility
Lateral living
Parking
Rear, Private, Communal
Listed property
No
Restrictions
Yes
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

NO CHAIN - This beautifully presented, modern, and spacious two-bedroom ground floor apartment, built in 2022, offers contemporary living at its finest. The property features an intercom entry system with Secure Gated Residents Parking and 2 allocated spaces to the rear. You have a generous reception room, with High Specification fitted open-plan kitchen/Dining Space, two large double bedrooms, including an en-suite shower room to the main bedroom, a stylish family bathroom. Located in the vibrant new development of New Lubbesthorpe, the apartment has excellent access to the M1 and M69, as well as convenient links to Fosse Park and Leicester city centre, making it an ideal home for modern lifestyles.

NO CHAIN - This beautifully presented, modern, and spacious two-bedroom ground floor apartment, built in 2022, offers contemporary living at its finest. The property features an intercom entry system with Secure Gated Residents Parking and 2 allocated spaces to the rear. You have a generous reception room, with High Specification fitted open-plan kitchen/Dining Space, two large double bedrooms, including an en-suite shower room to the main bedroom, a stylish family bathroom. Located in the vibrant new development of New Lubbesthorpe, the apartment has excellent access to the M1 and M69, as well as convenient links to Fosse Park and Leicester city centre, making it an ideal home for modern lifestyles.

Entrance - 3.266 x 1.374 (10'8" x 4'6") - Secure Entry phone access system to front of building with a trade button for deliveries. The common areas are cleaning Bi-Weekly and included in the service charge..

Apartment is on the ground floor to the left of the entrance hall.

Through front door into the Private entrance hall there is the entry phone system attached to wall, built in cupboard for storage, radiator and tiled floor.

Open Plan Kitchen - 3.406 x 3.406 (11'2" x 11'2") - High Specification Symphony kitchen comprising of cupboards and drawers, granite worktops with splashbacks, built in electric hob with an AEG double oven, integrated AEG dishwasher and fridge freezer, plumbing for washing machine, undermount sink, IDEAL Logic Combi ESP1 35 Boiler, double glazed window to the rear and side elevation.

Lounge - 5.058 x 4.123 (16'7" x 13'6") - Double glazed bay window to side elevation, radiator- Lounge is open to the dining / kitchen space.

Bedroom One (Rear) - Double glazed bay window to rear elevation, two double glazed windows to side elevation, radiator - access to the ensuite.

Ensuite Shower Room - 2.243 x 1.364 (7'4" x 4'5") - Shower cubicle with mixer shower, vanity wash basin with underneath cupboard, low level W/C, extractor, heated towel rail, tiled floor, part tiled wall, double glazed frosted window to side elevation.

Bedroom Two (Rear/Side) - 4.034 x 2.453 (13'2" x 8'0") - Double glazed window to rear elevation, radiator. Good sized double currently being used as a home office.

Bathroom - 2.107 x 1.683 (6'10" x 5'6") - Bath with mixer shower and shower screen, wash hand basin, low level W/C, heated towel rail, shaver point, extractor, tiled walls and tiled floor, mirrors and undersink unit.

Outside - Gated complex with two private parking spaces located at the rear of the apartment. 2 x parking fobs are provided for ease of access, secure parking. Bin store, small green space within the parking area.

Listed by

Lutterworth

Carter Oliver Property Experts Ltd

Reference: 156968342

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 21/09/2022

Expiry date: 20/09/2032

Current heating cost: £217/year

Potential heating cost: £217/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

230 Tay road Lubbesthorpe Floorplan new.jpg

230 Tay road Lubbesthorpe Floorplan new.jpg

EPC Graphs

EE Rating

EE Rating

Price history

13% since 2022

Event Date Price % change
Sold 28/11/2025 (6 months ago) £218,000 +13%
Sold 03/11/2022 (3 years ago) £192,950

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

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 298 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £210,950 31/07/2023 Flat
Same street 286 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £206,950 02/06/2023 Flat
Same street 296 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £209,950 26/05/2023 Flat
Same street 290 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £207,950 19/05/2023 Flat
Same street 246 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £323,500 22/12/2022 Terraced
Same street 258 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £327,314 16/12/2022 Terraced
Same street 152 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £364,995 15/12/2022 Semi-detached
Same street 228 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £202,950 11/11/2022 Flat
Same street 238 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £198,950 10/11/2022 Flat
Same street 224 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £193,950 09/11/2022 Flat
Same street 226 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £199,950 01/11/2022 Flat
Same street 234 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £199,950 28/10/2022 Flat
Same street 232 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £193,950 28/10/2022 Flat
Same street 236 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £195,950 28/10/2022 Flat
Same street 242 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £352,950 28/10/2022 Terraced
240 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £197,950 28/10/2022 Flat
160 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £192,995 29/09/2022 Flat
164 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £194,995 29/09/2022 Flat
162 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £192,995 29/09/2022 Flat
166 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £194,995 29/09/2022 Flat
156 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £189,995 29/09/2022 Flat
158 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £189,995 29/09/2022 Flat
216 TAY ROAD, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DJ £112,161 13/06/2022 Flat
4 AWE DRIVE, LUBBESTHORPE, LEICESTER, BLABY, LEICESTERSHIRE, LE19 4DR £209,950 21/12/2021 Flat

Street average: £239,347 (15 sales)

Area average: £186,226 (9 sales)

Capital growth trend

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

5y growth -9.8%
10y growth 27.6%

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

1y (index) -4.1%
5y (index) 4.8%
10y (index) 27.7%

Rental Range

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

Low £880/mo
Realistic £978/mo
Optimistic £1,076/mo

Based on Local Authority from postcode lookup → Blaby.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Tay Road 0.3 miles
Shop Premier Convenience Store 0.3 miles
Shop Sainsbury's Local 0.4 miles
Hospital Stewart House 2.2 miles
Hospital Unknown 2.7 miles
University University of Leicester 2.7 miles
Train station Narborough 3.0 miles
University Unknown 3.1 miles
Train station Unknown 3.8 miles

Street-level crime

Category Count
Violence and sexual offences 20
Vehicle crime 10
Shoplifting 7
Anti-social behaviour 6
Criminal damage and arson 6
Public order 5
Other theft 3
Other crime 2
Burglary 1
Total incidents 60

Within 1 mile during Apr 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
New Lubbesthorpe Primary School Primary 0.3 miles Good — 5 Dec 2023
Stafford Leys Community Primary School Primary 0.5 miles Good — 24 Aug 2021
Fossebrook Primary School Primary 0.8 miles Good — 22 May 2019
The Winstanley School Secondary 1.2 miles Good — 1 Nov 2023
Kingsway Primary School Primary 1.2 miles Good — 9 Jun 2014

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
2 Bed Semi-Detached House, Cox Meadow Road, LE3 £1,100/mo 2 0.34 miles OpenRent
2 Bed Maisonette, Tuffleys Way, LE3 £895/mo 2 0.61 miles OpenRent
2 Bed Maisonette, Tuffleys Way, LE3 £920/mo 2 0.62 miles OpenRent
2 Bed Semi-Detached House, Willoughby Gardens, LE3 £1,200/mo 2 0.63 miles OpenRent
2 Bed Flat, Stackyard Close, LE3 £900/mo 2 0.68 miles OpenRent
2 Bed Flat, Stackyard Close, LE3 £900/mo 2 0.68 miles OpenRent
2 Bed Flat, Thorpe Astley, LE3 £895/mo 2 0.68 miles OpenRent
2 Bed End Terrace, Hilcot Green, LE3 £1,050/mo 2 0.68 miles OpenRent
2 Bed Semi-Detached House, Gavin Close, LE3 £1,125/mo 2 0.75 miles OpenRent

Average rent: £998/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%
Max investor price (0.8%) £115,000
Target investor price (1%) £92,000
Gross yield 5%
Cost-to-rent ratio 19.9×
Monthly cashflow £-63/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1.2%
  • 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).