# 2 bedroom apartment for sale (LE4 9AH)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 10, 22 ONYX CRESCENT, LEICESTER, LEICESTER LE4 9AH |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £118,000 Mar 2026 |

## Description

**FULL** **DESCRIPTION** **** A modern, well presented apartment which is finished to the highest standard. 

The property consists of an entrance hall with large storage cupboard. 

There are two well proportioned double bedroom. 

The bathroom has a white suite with bath and shower over and a heated towel rail. 

The open plan living area is of a good size with french doors. 

The modern fitted kitchen has plenty of storage space with a 50/50 intergrated fridge freezer and washing machine. Also a fitted oven and gas hob. 

The property has gas central heating. 

There is one allocated parking space . 

 

**HALLWAY** **3' 8" x 17' 1" (1.12m x 5.21m)** Entry to the apartment, leading to each room. Carpeted flooring & radiator, there are also a storage cupboard.   

**OPEN** **PLAN** **LOUNGE/KITCHEN** **19' 11" x 12' 11" (6.07m x 3.94m)** Living room area of the open plan living room/kitchen. Carpet flooring, two radiators and UVPC French doors. 

Kitchen with fitted wall and base units. Hard flooring. 

Integrated appliances include fridge, freezer, washer, oven & gas hob with extractor above.  

**BEDROOM** **ONE** **9' 8" x 11' 2" (2.95m x 3.4m)** Double bedroom, carpet flooring, UVPC double glazed window and radiator.  

**BEDROOM** **TWO** **9' 8" x 9' 7" (2.95m x 2.92m)** Double Bedroom, carpet flooring, UVPC double glazed window, radiator and boiler cupboard.  

**BATHROOM** **6' 2" x 9' 11" (1.88m x 3.02m)** Comprising heated towel rail, hard flooring, part tiled walls, W/C, wash basin and bath with shower over.  

**OUTSIDE** **** There is one allocated parking space.  

**LEASE** **INFOMATION** **** **** Ground rent - 126.81 PA

Service Charge - 1766 PA

Lease - 112 years remaining  

## Property Photos

- ![Photo](/listings/photos/145151288/1744282)
- ![Photo](/listings/photos/145151288/1744283)
- ![Photo](/listings/photos/145151288/1744284)
- ![Photo](/listings/photos/145151288/1744285)
- ![Photo](/listings/photos/145151288/1744286)
- ![Photo](/listings/photos/145151288/1744287)

## Floorplans

- ![Floorplan 1](/listings/photos/145151288/1744288) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/145151288/1744289) - EPC Front Page
- ![EPC 2](/listings/photos/145151288/1744290) - EPC 2

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 APARTMENT 10 ONYX CRESCENT, LEICESTER, LE4 9AH | £118,000 | 20/03/2026 | Flat |
| 22 APARTMENT 10 ONYX CRESCENT, LEICESTER, LE4 9AH | £94,000 | 14/12/2012 | 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 |
|---------|-------|------|------|
| 18 APARTMENT 10 ONYX CRESCENT, LEICESTER, LE4 9AF | £96,500 | 28/10/2022 | Flat |
| 22 APARTMENT 8 ONYX CRESCENT, LEICESTER, LE4 9AH | £146,000 | 03/08/2022 | Flat |
| 20 APARTMENT 15 ONYX CRESCENT, LEICESTER, LE4 9AG | £130,000 | 24/06/2022 | Flat |
| 24 APARTMENT 2 ONYX CRESCENT, LEICESTER, LE4 9AJ | £117,500 | 11/04/2022 | Flat |

**Area average:** £122,500 (4 sales)

## Price vs local average

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

- **Local average:** £159,468 (17 Flat, LE4, 2024–2026)
- **Deviation:** -24.7%

## 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):** £648/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 |
|------|------|------|------|------|
| 2 Bed Terraced House, Welham Walk, LE4 | £800/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £100,000
- **Target investor price (1%):** £80,000

*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 £800/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.5×
- **Monthly cashflow:** £222/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.7%

*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).*

## Capital growth trend

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

- **5y growth:** 27.6%
- **10y growth:** 123.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.2%
- **5y growth (index):** 4%
- **10y growth (index):** 42.9%

## 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)