Lee Street, Leicester, Leicestershire, LE1 3AJ
Listed 10 Jan 2026 · price reduced 5 Jun 2026 · Leicester
How the price compares
Key features
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About this home
Spencers are thrilled to present this exceptional two-bedroom apartment set within the highly sought-after Exchange Building, right in the very heart of Leicester City Centre. Arranged over two impressive floors, this striking home combines contemporary city living with outstanding investment potential, making it a superb opportunity for first-time buyers and buy-to-let investors alike. The moment you step inside, the unique layout immediately sets this apartment apart. Thoughtfully designed and spread across two levels, the property offers a real sense of space, privacy and character rarely found in city-centre apartments. Large windows allow natural light to pour through the home, creating a bright and uplifting atmosphere throughout. The main living area is both stylish and functional, providing the perfect setting for modern urban living. Whether relaxing after work, entertaining friends or enjoying the energy of city life just outside your door, this space offers flexibility and comfort in equal measure. The kitchen is well-appointed and practical, designed to meet the demands of contemporary living while remaining open and sociable. The split-level layout leads to two well-proportioned bedrooms, offering excellent accommodation for professionals, sharers or tenants seeking premium city-centre living. The arrangement across two floors enhances privacy, making the apartment particularly attractive to renters and owner-occupiers alike. A modern bathroom completes the accommodation, finished to a clean and timeless standard. The Exchange Building itself is a landmark development, perfectly located for everything Leicester has to offer. Highcross Shopping Centre, restaurants, bars, cultural venues, universities and transport links are all just a short walk away, ensuring consistently strong demand from tenants year after year. For investors, this property represents a standout opportunity. The apartment is currently tenanted and generating an excellent rental income, and can be sold either with tenants in situ for an immediate return or with vacant possession, depending on the buyer’s requirements. The location, building reputation and unique two-floor layout make this a highly desirable rental property with strong long-term investment appeal. For first-time buyers, this is a rare chance to secure a distinctive city-centre home that offers space, style and convenience in equal measure, all within one of Leicester’s most desirable developments.
Property details
- Property type
- Flat
- Council tax band
- A
- Tenure
- Leasehold
- Lease remaining
- 0 years left
Floorplan
Location
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1 on this map
- Leicester Station0.5 mi
- South Wigston Station3.9 mi
- Syston Station4.3 mi
What nearby homes sold for
Median sold prices in LE1 over the last 12 months: flat £115k · semi-detached £645k · detached £524k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Flat 221, The Exchange, 5, Lee Street Leicester LE1 3AH | Flat Leasehold | 13 Aug 2026 | £65,000 |
| Flat 203, The Exchange, 5, Lee Street Leicester LE1 3AH | Flat Leasehold | 29 Jun 2026 | £65,500 |
| Flat 407, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 22 May 2026 | £90,000 |
| Flat 302, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 20 May 2026 | £82,000 |
| Flat 308, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 23 Apr 2026 | £79,500 |
| Flat 118, The Exchange, 5, Lee Street Leicester LE1 3AH | Flat Leasehold | 3 Mar 2026 | £82,500 |
| Flat 202, The Exchange, 5, Lee Street Leicester LE1 3AH | Flat Leasehold | 3 Dec 2025 | £70,000 |
| Flat 413, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 23 May 2025 | £72,000 |
| Flat 409, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 17 Dec 2024 | £85,000 |
| Flat 305, The Exchange, 5, Lee Street Leicester LE1 3AJ | Flat Leasehold | 1 Aug 2024 | £80,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LE1
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Spencers Estate Agency, Leicester on Rightmove (original listing). First listed 10 Jan 2026; details checked 7 Nov 2026. Latest change: reduced on 05/06/2026.
Agent disclaimer
Disclaimer - Property reference LES250629. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Spencers Estate Agency, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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