Flat 4, The Needleworks, 41–43 Albion Street, Leicester, LE1 6GF

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
Flat 4 earns an INVESTIGATE rating with HP Score 59/100. Investment score 61/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (99/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonLow
- MiningUnknown
- LandslideLow
- Air QualityLow
- NoiseLow
Planning Activity
- Pending20261580Non-material amendment to planning permission 20261076 for alterations to cladding on west elevation
- Pending20261559Removal of conditions 2 (student occupancy) attached to planning permission 20071409 (Change of use of basement, part of ground floor, first, second and third floors from offices (Class B1) and fourth floor extension to provide one 1 bedroom selfcontained flat (Class C3) and forty bedrooms for student accommodation in the following configuration: two 1 bedroom flats, one 4 bedroom cluster flat, three 6 bedroom cluster flats, two 8 bedroom cluster flats (sui generis)) to allow the property to be used as accommodation for young professionals as well as students (flats B, C, E, G, H, J) (Class C3), as well as short term lets (Flats D, F) (Sui Generis).
- Pending20261565Approval of details reserved by Conditions 4 (Sustainable Drainage), 5 (Foul Drainage and 9 (Materials) attached to planning permission 20251441
Ownership
- Corporate Ownership43.9%
- Overseas OwnershipNo
- Lease Term Remaining97 yrs
- CovenantsNone
- Lease TypeLeasehold
- Last Ownership Change2013-06-28
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- -Beauchamp City Sixth Form0.2 mi
- The Children's Hospital School0.3 miOutstanding
- -De Montfort University0.3 mi
- Moat Community College0.5 miGood
3 of 8 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- The Needleworks, 41 - 43 Albion Street-£263k-
- The Needleworks, 41 - 43 Albion Street-£185k-
- The Needleworks, 41 - 43 Albion Street-£188k-
- The Needleworks, 41 - 43 Albion Street-£158k-