# 1 bedroom flat for sale (LE1 1SS) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 170, ALEXANDRA HOUSE, 47, RUTLAND STREET, LEICESTER, LEICESTER LE1 1SS | | Price | £80,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 2003-2006 | | Floor area | 39 m² | | Last sold | £74,500 Dec 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 02/05/2035 - **Current heating cost:** £320/year - **Est. upgrade cost to C:** £1,655 ### Recommendations - L2 (£800 - £1,200) - Y (£585 - £725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0671-3050-7205-0555-0204) ## Description ***OFFERED FOR SALE WITH NO UPWARD CHAIN*** 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 ## Property Photos - ![Photo](/listings/photos/161428121/1249673) - Photo - ![Photo](/listings/photos/161428121/1249674) - Photo - ![Photo](/listings/photos/161428121/1249675) - Photo - ![Photo](/listings/photos/161428121/1249676) - Photo - ![Photo](/listings/photos/161428121/1249677) - Photo - ![Photo](/listings/photos/161428121/1249678) - Photo - ![Photo](/listings/photos/161428121/1249679) - Photo - ![Photo](/listings/photos/161428121/1249680) - Photo - ![Photo](/listings/photos/161428121/1249681) - Photo - ![Photo](/listings/photos/161428121/1249682) - Photo - ![Photo](/listings/photos/161428121/1249683) - Photo - ![Photo](/listings/photos/161428121/1249684) - Photo - ![Photo](/listings/photos/161428121/1249685) - Photo - ![Photo](/listings/photos/161428121/1249686) - Photo ## Floorplans - ![Focal Integrated](/listings/photos/161428121/1249687) - Focal Integrated ## EPC Graphs - ![EPC Rating Graph](/listings/photos/161428121/1249688) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | ALEXANDRA HOUSE, 47 APARTMENT 170 RUTLAND STREET, LEICESTER, LE1 1SS | £74,500 | 23/12/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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 | | ST. GEORGES MILL, 7 APARTMENT 422 WIMBLEDON STREET, LEICESTER, LE1 1SY | £170,000 | 21/12/2022 | Flat | | 3 FLAT 12 QUEEN STREET, LEICESTER, LE1 1RG | £190,000 | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £112,863 (31 Flat, LE1, 2024–2026) - **Deviation:** -29.1% ## Rental Range *ONS Price Index of Private Rents (Leicester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £922/mo - **Realistic:** £1,024/mo - **Optimistic:** £1,126/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £539/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.87% (okay) - **Max investor price (0.8%):** £86,875 - **Target investor price (1%):** £69,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £695/mo).* - **Gross yield:** 10.4% - **Cost-to-rent:** 9.6× - **Monthly cashflow:** £285/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 14.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £2,051/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 2% - **10y growth:** 5.2% ## House Price Index (HM Land Registry) *Official index for Leicester; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1.9% - **5y growth (index):** 5.4% - **10y growth (index):** 47.3% ## Flood risk - **Zone:** 2 - **Risk:** In flood risk area - **Source:** Environment Agency Flood Risk Areas (APSFR) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)