Navigation Street, Leicester, Leicestershire, LE1 3UN

Investors only, sold with tenant in situ.

Property Video:

A superb opportunity to acquire a refurbished one bedroom apartment on the 14th floor of the sought after Horizon Building, offering panoramic city views, modern finishes, and an exceptional city-centre lifestyle. With no upward chain, a long 130 year lease, and an impressive approx. 12.8% rental yield.

Property Highlights 14th floor one-bed apartment with external balcony and far-reaching views

Communal entrance on Navigation Street

Access to two lifts plus emergency stairways to all floors

Concierge service located in the ground floor foyer

Secure postal box access at all hours

Basement car park available (£50/month via management registration)

Prime city-centre location within near distance of major amenities

Horizon Building fully renovated in line with Fire Safety (England) Regulations 2022

No upward chain

Leasehold – 130 years remaining

Estimated rent £800 pcm / £9,600 pa

Location Situated at The Horizon, 2 Navigation Street, Leicester LE1 3UN, this apartment places you at the heart of Leicester’s vibrant city centre.

Within a very short distance are:

Highcross & Haymarket shopping centres

Leicester Train Station

St Margaret’s Bus Station (Intercity & airport links)

Haymarket Regional Bus Station

Supermarkets, cafés, restaurants & nightlife

Phoenix Cinema & Art Centre

Curve & Haymarket Theatres

Universities & Abbey Park

Internal Accommodation Entrance Hallway – 28' 2'' x 4' 2'' (8.58m x 1.27m) A spacious hallway featuring a wall-mounted heater, clothes hooks, notice board, fuse box, video intercom system, heating controls, and new laminated wood flooring.

Bedroom – 10' 4'' x 9' 1'' (3.15m x 2.77m) Bright and comfortable with two half-height double-glazed windows, new heavy-duty carpet, wall-mounted heater, storage box seating, and telephone/internet sockets.

Bathroom – 6' 8'' x 5' 5'' (2.03m x 1.65m) Includes a standard bathtub with shower, safety handles, curtain rail, storage cabinet, basin, mirror, toilet, draining rack, wall-mounted heater, extractor fan, and new heavy-duty lino flooring.

Kitchen Lounge – 20' 6'' x 13' 1'' (6.24m x 3.98m) A generous open plan living space with:

Integral hot water tank

Dishwasher, washing machine, fridge freezer

Stainless steel electric oven, hob & extractor

Multiple telephone/internet/TV sockets

Four half-height windows, two full-height windows & balcony door

New laminated flooring

Glasstop table with metal legs and four foldable chairs

External Balcony – 16' 0'' x 3' 11'' (4.87m x 1.2m) A standout feature with new aluminium decking, freshly repainted handrails and panels, plus a bistro set and outdoor sofa-style seat—perfect for enjoying the skyline.

Building & Compliance The Horizon Building’s communal areas, external cladding, apartment front door, and balcony decking have all been upgraded to meet Fire Safety (England) Regulations 2022.

Leasehold Information Lease: 150 years from 2006 (130 years remaining)

Ground Rent: £150 per annum (paid half-yearly)

Service Charge: £2,600 per annum

Management Company: Pinnacle

Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.

Entrance Hallway 8.58m x 1.27m

Bedroom 3.15m x 2.77m

Bathroom 2.03m x 1.65m

Kitchen/Lounge 6.24m x 3.98m

External Balcony 4.87m x 1.2m