# 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 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 ## 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 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 46 NORTHGATE STREET, LEICESTER, LE3 5BZ | £158,900 | 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 28 NORTHGATE STREET, LEICESTER, LE3 5BZ | £245,925 | 05/10/2023 | 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 23 NORTHGATE STREET, LEICESTER, LE3 5BZ | £250,750 | 04/10/2023 | 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 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)