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About this property

Property Video:

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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. 13.7% rental yield, this property appeals equally to first-time buyers and investors.

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



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

Room details

  • 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

Key information

Council Tax Band: A

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: Contact branch
  • Annual service charge: £2,600
  • Annual ground rent: £150
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Navigation Street, Leicester, Leicestershire, LE1 1 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Leicester

    5 Halford Street
    Leicester
    Leicestershire
    LE1 1JA
Phone Icon Icon set Phone 01163400383

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Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.