APARTMENT 170
ALEXANDRA HOUSE, 47, RUTLAND STREET, LEICESTER, LEICESTER LE1 1SS
Property details
Tenure
LEASEHOLD
Floor area
39 m²
Council tax band
A
EPC rating
C
Year built
England and Wales: 2003-2006
Last sold
£74,500 Dec 2025
Price per m²
£2,051/m²
Local average
£112,863 (-29.1%)
Deprivation
Decile 2 (6,424 of 33,755)
Street crime
1409 incidents within 1 mile (May 2026)
Key features
- No Upward Chain
- Potential Gross Rental Yield of 11%
- City Centre Location
- Ideal First Time/Buy to Let Purchase
- Open Plan Living
- Cultural Quarter Location
Description
Spencers are pleased to present this one bedroom apartment to the market. The property is located within the popular cultural quarter of the city providing easy access to an array of local amenities, the Curve Theatre, various bars, restaurants and cafes, its ideal location is perfect for people who adore city living.
Entrance Hall – Accessed via front entrance door, with door to;
Bedroom – Fitted wardrobe, Juliet balcony and a storage heater.
Bathroom – Panelled bath, hand wash basin, W.C and a heated towel rail.
Open Plan Living Room – Having a range of wall and base units, electric hob, oven, fridge, freezer, sink with drainer, electric hob and double glazed windows.
Lease Information:
103 Years Remaining
Service Charge: £1,756 per annum
Ground Rent: £234 per annum
Listed by
Leicester
Countrywide UK Sales - Connells
Reference: 161428121
EPC Rating & Upgrade Cost
Current rating: C
Potential rating: B
Inspection date: 03/05/2025
Expiry date: 02/05/2035
Current heating cost: £320/year
Potential heating cost: £191/year
Est. upgrade cost to C: £1,655
Recommendations
- High heat retention storage heaters (£800 - £1,200)
- Heat recovery system for mixer showers (£585 - £725)
Flood risk
Zone: 2
Risk: In flood risk area
Environment Agency Flood Risk Areas (APSFR)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 23/12/2025 (6 months ago) | £74,500 | — |
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 |
|---|---|---|---|
| WIMBLEDON HOUSE, 21 FLAT 17 WIMBLEDON STREET, LEICESTER, LE1 1SU | £72,500 | 19/12/2025 | Flat |
| ST. GEORGES MILL, 11 APARTMENT 208 HUMBERSTONE ROAD, LEICESTER, LE5 3GW | £122,500 | 12/12/2025 | Flat |
| ST. GEORGES MILL, 7 APARTMENT 421 WIMBLEDON STREET, LEICESTER, LE1 1SY | £280,000 | 05/12/2025 | Flat |
| ALEXANDRA HOUSE, 47 APARTMENT 34 RUTLAND STREET, LEICESTER, LE1 1SE | £85,000 | 27/11/2025 | Flat |
| ALEXANDRA HOUSE, 47 APARTMENT 27 RUTLAND STREET, LEICESTER, LE1 1SE | £94,000 | 20/11/2025 | Flat |
| THE ATRIUM, 2 FLAT 417 MORLEDGE STREET, LEICESTER, LE1 1ST | £112,000 | 04/07/2025 | Flat |
| ST. GEORGES MILL, 11 APARTMENT 204 HUMBERSTONE ROAD, LEICESTER, LE5 3GW | £80,000 | 26/06/2025 | Flat |
| ST. GEORGES MILL, 7 APARTMENT 215 WIMBLEDON STREET, LEICESTER, LE1 1SY | £124,500 | 21/02/2025 | Flat |
| ALEXANDRA HOUSE, 47 APARTMENT 54 RUTLAND STREET, LEICESTER, LE1 1SQ | £62,000 | 20/01/2025 | Flat |
| ST. GEORGES MILL, 7 APARTMENT 314 WIMBLEDON STREET, LEICESTER, LE1 1SY | £133,000 | 24/11/2023 | Flat |
| THE ATRIUM, 2 FLAT 203 MORLEDGE STREET, LEICESTER, LE1 1ST | £95,000 | 15/11/2023 | Flat |
| PHOENIX SQUARE, 11 APARTMENT 2 MORLEDGE STREET, LEICESTER, LE1 1TH | £80,000 | 01/09/2023 | Flat |
| Same street ALEXANDRA HOUSE, 47 APARTMENT 178 RUTLAND STREET, LEICESTER, LE1 1SS | £163,000 | 13/07/2023 | Flat |
| ALEXANDRA HOUSE, 47 APARTMENT 97 RUTLAND STREET, LEICESTER, LE1 1SQ | £115,000 | 16/06/2023 | Flat |
| THE ATRIUM, 2 FLAT 113 MORLEDGE STREET, LEICESTER, LE1 1ST | £130,000 | 09/05/2023 | Flat |
| ST. GEORGES MILL, 7 APARTMENT 214 WIMBLEDON STREET, LEICESTER, LE1 1SY | £132,000 | 05/05/2023 | Flat |
| Same street ALEXANDRA HOUSE, 47 APARTMENT 135 RUTLAND STREET, LEICESTER, LE1 1SS | £80,000 | 19/04/2023 | Flat |
| 3 FLAT 12 QUEEN STREET, LEICESTER, LE1 1RG | £190,000 | 21/12/2022 | Flat |
| ST. GEORGES MILL, 7 APARTMENT 422 WIMBLEDON STREET, LEICESTER, LE1 1SY | £170,000 | 21/12/2022 | Flat |
| DEUCE HOUSE, 20 FLAT 7 WIMBLEDON STREET, LEICESTER, LE1 1SN | £102,000 | 16/12/2022 | Flat |
| THE ATRIUM, 2 FLAT 402 MORLEDGE STREET, LEICESTER, LE1 1ST | £130,000 | 16/12/2022 | Flat |
| QUEENS BUILDING, 3 FLAT 9 QUEEN STREET, LEICESTER, LE1 1RG | £230,000 | 08/12/2022 | Flat |
| Same street ALEXANDRA HOUSE, 47 APARTMENT 159 RUTLAND STREET, LEICESTER, LE1 1SS | £70,000 | 15/07/2022 | Flat |
| Same street ALEXANDRA HOUSE, 47 APARTMENT 175 RUTLAND STREET, LEICESTER, LE1 1SS | £142,000 | 15/10/2021 | Flat |
Street average: £113,750 (4 sales)
Area average: £126,975 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Leicester. Series: Flats and maisonettes. As of April 2026.
Rental Range
Estimated market rent for Leicester. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Leicester.
LHA (30th percentile) floor for Leicester: £539/mo (Apr 2025 – Mar 2026)
Location
Address
Wimbledon Street
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Rex Auto | 0.1 miles |
| Bus stop | Humberstone Gate East | 0.1 miles |
| Shop | Asya Food Centre | 0.1 miles |
| Train station | Leicester | 0.3 miles |
| Train station | Unknown | 0.8 miles |
| University | University of Leicester | 1.3 miles |
| Hospital | Leicester Nuffield Hospital | 2.4 miles |
| Hospital | South Entrance | 2.6 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 465 |
| Anti-social behaviour | 184 |
| Public order | 173 |
| Shoplifting | 155 |
| Other theft | 107 |
| Criminal damage and arson | 99 |
| Drugs | 54 |
| Vehicle crime | 51 |
| Burglary | 34 |
| Theft from the person | 23 |
| Robbery | 21 |
| Other crime | 19 |
| Possession of weapons | 14 |
| Bicycle theft | 10 |
| Total incidents | 1409 |
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 |
|---|---|---|---|
| Moat Community College | Secondary | 0.3 miles | Good — 12 Feb 2014 |
| Beauchamp City Sixth Form | Other | 0.4 miles | — (No rating) |
| Sparkenhoe Community Primary School | Primary | 0.5 miles | Good — 28 Mar 2023 |
| Charnwood Primary School | Primary | 0.5 miles | Outstanding — 23 Apr 2009 |
| Taylor Road Primary School | Primary | 0.5 miles | Good — 1 Apr 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, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Humberstone Gate, LE1 | £695/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Colton St, LE1 | £900/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, The Exchange, LE1 | £800/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Bradshaw House, LE1 | £1,533/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Flat, Granby Street, LE1 | £775/mo | 1 | 0.22 miles | OpenRent |
| Studio Flat, Granby Street, LE1 | £730/mo | 1 | 0.23 miles | OpenRent |
| Studio Flat, Granby Street, LE1 | £730/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Belgrave Gate, LE1 | £695/mo | 1 | 0.28 miles | OpenRent |
| 1 Bed Flat, Bedford Street South, LE1 | £995/mo | 1 | 0.29 miles | OpenRent |
| 1 Bed Flat, Albion House, LE1 | £800/mo | 1 | 0.34 miles | OpenRent |
Average rent: £863/mo (22 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).