Flat 401, The Atrium 2
Flat 401, The Atrium 2
Description & Estimates
The public record describes Flat 401, The Atrium 2, Leicester as a modern apartment with 882 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 401, The Atrium 2, Leicester has an estimated sale value of £122,040 and an estimated rental value of £922 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Atrium, Morledge Street, Leicester, LE1.
Morledge Street, Leicester, LE1 lies within the LE1 postal district.
Our Data Sources
Flat 401, The Atrium 2, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 401, The Atrium 2, Leicester would be worth £128,142, with a potential rental value of £968 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £113,497, with a rental value of £858 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 401, The Atrium 2, Leicester has declined by £531 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.2%). The property's estimated gross yield is currently 9.1%.
Energy Efficiency
Flat 401, The Atrium 2, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 401, The Atrium 2, Leicester last changed hands on 5th November 2004, selling for £138,750. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 2004£138,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of Flat 401, The Atrium 2, Leicester across the last 2 years.
Most recently, Apartment 98, Alexandra House 47, Rutland Street, Leicester, LE1 1SQ, a leasehold flat, sold at £112,000 on the 15th November 2024.
Read more about house prices in LE1.
- Sold Nov 2024£112,000 | 2 Bed FlatAlexandra House 47, Rutland StreetApartment 98, Alexandra House 47, Rutland Street, Leicester, LE1 1SQ
- Sold Jun 2024£120,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 313, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold Aug 2023£125,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 213, The Atrium 2, Morledge Street, Leicester, LE1 1ST
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 401, The Atrium 2, Leicester as the 16th largest and the 52nd most expensive of the 117 addresses on Morledge Street, Leicester, LE1.
Against the LE1 postcode district average, it is £99k less expensive than the typical property.
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Schools Nearby
- 700mSparkenhoe Community Primary School
- 700mCharnwood Primary School
- 800mHighfields Primary School
- 500mMoat Community College
- 1.4kmCastle Mead Academy
- 1.9kmMadani Girls' School
More reading links
Public Transport Nearby
Leicester station is the nearest stop to Flat 401, The Atrium 2, Leicester at 500 metres away.
- 500mLeicester
- 6.0kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
