Sold Flat

APARTMENT 67

MITCHIAN GRAND UNION BUILDING, 55, NORTHGATE STREET, LEICESTER, LEICESTER LE3 5BZ

1 beds 1 baths Listed 6 Jan 2026 (-160d)

£250,000

Reduced on 3 Apr 2025

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# 1 bedroom flat for sale (LE3 5BZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 67, MITCHIAN GRAND UNION BUILDING, 55, NORTHGATE STREET, LEICESTER, LEICESTER LE3 5BZ |
| Price | £250,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £222,000 Sep 2023 |

## Description

The layout of this stunning apartment comprises of an open plan entrance hall leading into the living kitchen area with a range of fitted wall and base units, part tiled/part wood flooring,  French doors with a glass Juliet balcony, generous size bedroom with floor to ceiling windows overlooking the City, and a stunning. spacious shower room with a low level WC, hand basin, heated towel rail, and tower cubicle with floor to ceiling tiles, tiled flooring and own balcony off bedroom and living space.

The apartment offers a communal roof-top terrace offering the most outstanding panoramic views across the City of Leicester.

The apartment also benefits from a range of integrated appliances complimenting the stunning kitchen area such as a electric oven, electric hob, dish washer, fridge, freezer and clothes washer / dryer machine.

Other features include: No Parking Space (Parking is not available onsite to any residents). Lift access to all floors, two stairwells provide further access to all floors, communal electric meter cupboard for meter readings, individual post box, security entrance gate with intercom system wired to each apartment, wifi available (month subscription available from freeholder), council tax band B for 1 bedroom and tax band D for 2 bedroom. Students welcome. No company lets will be considered.

Available from: Please check main bullet points for specific availability date

## Property Photos

- ![IMG_2930.JPG](/listings/photos/170867192/205061) - IMG_2930.JPG
- ![IMG_6491.jpeg](/listings/photos/170867192/205062) - IMG_6491.jpeg
- ![IMG_6494.jpeg](/listings/photos/170867192/205063) - IMG_6494.jpeg
- ![IMG_2918.JPG](/listings/photos/170867192/205067) - IMG_2918.JPG
- ![IMG_6489.jpeg](/listings/photos/170867192/205071) - IMG_6489.jpeg
- ![IMG_6490.jpeg](/listings/photos/170867192/205075) - IMG_6490.jpeg
- ![IMG_6492.jpeg](/listings/photos/170867192/205079) - IMG_6492.jpeg
- ![IMG_6493.jpeg](/listings/photos/170867192/205082) - IMG_6493.jpeg
- ![IMG_6488.jpeg](/listings/photos/170867192/205084) - IMG_6488.jpeg
- ![IMG_6496.jpeg](/listings/photos/170867192/205085) - IMG_6496.jpeg
- ![IMG_6495.jpeg](/listings/photos/170867192/205086) - IMG_6495.jpeg
- ![IMG_2917.JPG](/listings/photos/170867192/205087) - IMG_2917.JPG
- ![IMG_2919.JPG](/listings/photos/170867192/205088) - IMG_2919.JPG
- ![IMG_2924.JPG](/listings/photos/170867192/205089) - IMG_2924.JPG
- ![IMG_2922.JPG](/listings/photos/170867192/205090) - IMG_2922.JPG
- ![IMG_2923.JPG](/listings/photos/170867192/205091) - IMG_2923.JPG
- ![IMG_2920.JPG](/listings/photos/170867192/205092) - IMG_2920.JPG
- ![IMG_2926.JPG](/listings/photos/170867192/205093) - IMG_2926.JPG

## Floorplans

- ![2D Plan 2.JPG](/listings/photos/170867192/205094) - 2D Plan 2.JPG

## EPC Graphs

- ![EE](/listings/photos/170867192/205095) - EE
- ![EI](/listings/photos/170867192/205096) - EI

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 67 NORTHGATE STREET, LEICESTER, LE3 5BZ | £222,000 | 11/09/2023 | 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 |
|---------|-------|------|------|
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 44 NORTHGATE STREET, LEICESTER, LE3 5BZ | £198,750 | 31/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 46 NORTHGATE STREET, LEICESTER, LE3 5BZ | £158,900 | 19/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 68 NORTHGATE STREET, LEICESTER, LE3 5BZ | £179,250 | 19/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 33 NORTHGATE STREET, LEICESTER, LE3 5BZ | £117,700 | 19/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 48 NORTHGATE STREET, LEICESTER, LE3 5BZ | £198,750 | 18/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 18 NORTHGATE STREET, LEICESTER, LE3 5BZ | £195,075 | 05/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 28 NORTHGATE STREET, LEICESTER, LE3 5BZ | £245,925 | 05/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 31 NORTHGATE STREET, LEICESTER, LE3 5BZ | £196,250 | 04/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 23 NORTHGATE STREET, LEICESTER, LE3 5BZ | £250,750 | 04/10/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 56 NORTHGATE STREET, LEICESTER, LE3 5BZ | £249,975 | 27/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 1 NORTHGATE STREET, LEICESTER, LE3 5BZ | £193,000 | 26/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 24 NORTHGATE STREET, LEICESTER, LE3 5BZ | £196,250 | 21/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 60 NORTHGATE STREET, LEICESTER, LE3 5BZ | £200,750 | 15/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 34 NORTHGATE STREET, LEICESTER, LE3 5BZ | £196,250 | 08/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 42 NORTHGATE STREET, LEICESTER, LE3 5BZ | £247,000 | 04/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 63 NORTHGATE STREET, LEICESTER, LE3 5BZ | £259,500 | 01/09/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 7 NORTHGATE STREET, LEICESTER, LE3 5BZ | £248,500 | 31/08/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 14 NORTHGATE STREET, LEICESTER, LE3 5BZ | £241,500 | 23/08/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 19 NORTHGATE STREET, LEICESTER, LE3 5BZ | £195,000 | 18/08/2023 | Flat |
| MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 15 NORTHGATE STREET, LEICESTER, LE3 5BZ | £195,000 | 04/08/2023 | Flat |

**Area average:** £208,204 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £118,455 (11 Flat, LE3, 2024–2026)
- **Deviation:** +111.1%

## Rental Range

*ONS Price Index of Private Rents (Leicester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £923/mo
- **Realistic:** £1,025/mo
- **Optimistic:** £1,128/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £539/mo

## 1% Rule

- **Rent ratio:** 0.41% (weak for cashflow)
- **Max investor price (0.8%):** £128,125
- **Target investor price (1%):** £102,500

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** -0.4%
- **10y growth:** -43.6%

## House Price Index (HM Land Registry)

*Official index for Leicester; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3%
- **5y growth (index):** 4.1%
- **10y growth (index):** 46.1%

## 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)

IMG_2930.JPG IMG_6491.jpeg IMG_6494.jpeg IMG_2918.JPG IMG_6489.jpeg IMG_6490.jpeg IMG_6492.jpeg IMG_6493.jpeg IMG_6488.jpeg IMG_6496.jpeg IMG_6495.jpeg IMG_2917.JPG IMG_2919.JPG IMG_2924.JPG IMG_2922.JPG IMG_2923.JPG IMG_2920.JPG IMG_2926.JPG

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Property details

Tenure

LEASEHOLD

Council tax band

Last sold

£222,000 Sep 2023

Local average

£118,455 (+111.1%)

Street crime

1304 incidents within 1 mile (Apr 2026)

Key features

Penthouse - One Double Bedroom
Own Balcony Off Bedroom & Living Space
Furnished, Top Floor, West (Road) Facing
Stunning New Development
Fully Furnished Apartment
Roof-Top Terrace and private balcony
Walking Distance To Leicester City Centre

Additional details

Electricity: Mains supply
Broadband: FTTP (fibre to the premises), FTTC (fibre to the cabinet)
Water: Mains supply
Sewerage: Mains supply
Accessibility: Lift access
Parking: No parking

Description

Stunning contemporary one bedroom penthouse apartment ideally suited to professionals working within Leicester City Centre or commuters looking for somewhere exclusive within this highly desired up and coming part of Leicester City Centre.

The layout of this stunning apartment comprises of an open plan entrance hall leading into the living kitchen area with a range of fitted wall and base units, part tiled/part wood flooring, French doors with a glass Juliet balcony, generous size bedroom with floor to ceiling windows overlooking the City, and a stunning. spacious shower room with a low level WC, hand basin, heated towel rail, and tower cubicle with floor to ceiling tiles, tiled flooring and own balcony off bedroom and living space.

The apartment offers a communal roof-top terrace offering the most outstanding panoramic views across the City of Leicester.

The apartment also benefits from a range of integrated appliances complimenting the stunning kitchen area such as a electric oven, electric hob, dish washer, fridge, freezer and clothes washer / dryer machine.

Other features include: No Parking Space (Parking is not available onsite to any residents). Lift access to all floors, two stairwells provide further access to all floors, communal electric meter cupboard for meter readings, individual post box, security entrance gate with intercom system wired to each apartment, wifi available (month subscription available from freeholder), council tax band B for 1 bedroom and tax band D for 2 bedroom. Students welcome. No company lets will be considered.

Available from: Please check main bullet points for specific availability date

Listed by

Leicester

Home Property Sales

Reference: 170867192

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

2D Plan 2.JPG

EPC Graphs

Price history

Event	Date	Price	% change
Sold	11/09/2023 (2 years ago)	£222,000	—

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
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 44 NORTHGATE STREET, LEICESTER, LE3 5BZ	£198,750	31/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 46 NORTHGATE STREET, LEICESTER, LE3 5BZ	£158,900	19/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 68 NORTHGATE STREET, LEICESTER, LE3 5BZ	£179,250	19/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 33 NORTHGATE STREET, LEICESTER, LE3 5BZ	£117,700	19/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 48 NORTHGATE STREET, LEICESTER, LE3 5BZ	£198,750	18/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 18 NORTHGATE STREET, LEICESTER, LE3 5BZ	£195,075	05/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 28 NORTHGATE STREET, LEICESTER, LE3 5BZ	£245,925	05/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 31 NORTHGATE STREET, LEICESTER, LE3 5BZ	£196,250	04/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 23 NORTHGATE STREET, LEICESTER, LE3 5BZ	£250,750	04/10/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 56 NORTHGATE STREET, LEICESTER, LE3 5BZ	£249,975	27/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 1 NORTHGATE STREET, LEICESTER, LE3 5BZ	£193,000	26/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 24 NORTHGATE STREET, LEICESTER, LE3 5BZ	£196,250	21/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 60 NORTHGATE STREET, LEICESTER, LE3 5BZ	£200,750	15/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 34 NORTHGATE STREET, LEICESTER, LE3 5BZ	£196,250	08/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 42 NORTHGATE STREET, LEICESTER, LE3 5BZ	£247,000	04/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 63 NORTHGATE STREET, LEICESTER, LE3 5BZ	£259,500	01/09/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 7 NORTHGATE STREET, LEICESTER, LE3 5BZ	£248,500	31/08/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 14 NORTHGATE STREET, LEICESTER, LE3 5BZ	£241,500	23/08/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 19 NORTHGATE STREET, LEICESTER, LE3 5BZ	£195,000	18/08/2023	Flat
MITCHIAN GRAND UNION BUILDING, 55 APARTMENT 15 NORTHGATE STREET, LEICESTER, LE3 5BZ	£195,000	04/08/2023	Flat

Area average: £208,204 (20 sales)

Capital growth trend

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

5y growth -0.4%

10y growth -43.6%

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

1y (index) -3%

5y (index) 4.1%

10y (index) 46.1%

Rental Range

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

Low £923/mo

Realistic £1,025/mo

Optimistic £1,128/mo

Based on Local Authority from postcode lookup → Leicester.

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

Location

Map view View on Google Maps View on OpenStreetMap Street View LE3 5BZ

Address

47-55 Northgate Street

Nearby

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

Type	Name	Distance
Shop	JC Furniture Warehouse	0.0 miles
Shop	Stayfree Music	0.0 miles
Bus stop	Slater Street	0.0 miles
Train station	Unknown	0.3 miles
University	Unknown	0.7 miles
University	De Montfort University	0.8 miles
Train station	Leicester	1.0 miles
Hospital	Leicester Royal Infirmary	1.0 miles
Hospital	Unknown	1.2 miles

Street-level crime

Category	Count
Violence and sexual offences	396
Shoplifting	177
Anti-social behaviour	169
Public order	162
Criminal damage and arson	107
Other theft	88
Drugs	52
Burglary	38
Vehicle crime	37
Other crime	22
Bicycle theft	16
Robbery	14
Possession of weapons	13
Theft from the person	13
Total incidents	1304

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
Slater Primary School	Primary	0.1 miles	Requires improvement — 6 May 2024
Fosse Mead Primary Academy	Primary	0.3 miles	Good — 8 Sep 2024
Castle Mead Academy	Secondary	0.3 miles	Outstanding — 16 Nov 2023
Brook Mead Academy	Secondary	0.4 miles	Outstanding — 7 May 2024
De Montfort University	Other	0.6 miles	— (No rating)

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.41%

Max investor price (0.8%) £128,125

Target investor price (1%) £102,500

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).