A beautifully refurbished one bedroom apartment in the iconic Wheatsheaf Works—an 1891 built factory that proudly survived the First World War. Now a striking residential conversion featuring exposed brickwork, high ceilings, and tall industrial windows. Includes a modern open plan layout, fitted kitchen, stylish bathroom, and parking. An ideal home or investment with 8% yield and no onward chain.
Situated within the iconic Wheatsheaf Works development, this beautifully refurbished one-bedroom apartment offers a rare opportunity to own a stylish home rich in heritage. Once the world’s largest boot and shoe factory—built in 1891 by the Co-operative Wholesale Society and a proud survivor of World War II—Wheatsheaf Works has been thoughtfully transformed into unique residential spaces that blend industrial charm with contemporary design.
Set behind the striking red-brick façade, the apartment features tall factory-style windows, exposed brick walls, and impressive high ceilings that flood the space with natural light. The open-plan layout is complemented by a sleek modern kitchen, spacious living area, and a bright, well-appointed bathroom. The double bedroom includes fitted wardrobes and large windows, creating a calm and airy retreat.
Positioned in the sought-after Knighton Fields area, this home offers excellent links to Leicester city centre, universities, and major employers, making it an attractive option for professionals and investors alike. With potential rental income of £900 per month, this property represents an impressive yield of approximately 8%. Offered with no onward chain, it’s ready to move straight into or rent out immediately.
Lease Details Remaining: 115 Years Service Charge: £2400 PA Annual Leasehold £230 per year (fixed until 2035) Council Tax Band: A
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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