Phoenix Square, Morledge Street, Leicester

A spacious, corner one bedroom apartment located on the fourth floor of this stylish and environmentally sustainable building, enjoying a balcony and parking.

The apartment is currently tenanted, achieving a rental income of £850pcm and is available for sale with the sitting tenant, or with vacant possession if desired.

The Building & Location - Phoenix Square is an award-winning development ideally located in the heart of Leicester’s vibrant cultural quarter, combining contemporary residential living with the city’s thriving creative scene. Designed by renowned architects Marsh Grochowski, the development features a distinctive architectural style and offers a mix of bespoke apartments, office studios, creative workspaces and a popular terrace café, alongside an independent arts cinema recently upgraded to four screens.

Perfectly positioned just moments from Curve Theatre, the professional quarters, trendy bars, restaurants, excellent shopping facilities and Leicester’s mainline railway station, residents benefit from convenient access to London St Pancras in just over one hour. The scheme is designed with sustainability in mind, incorporating energy-efficient solar hot water systems, while the café’s daytime operation contributes to the relaxed, welcoming atmosphere that Phoenix Square is known for.

Accommodation - The building is entered via a communal entrance hall housing mailboxes, stairs and lifts to all floors. The apartment itself is entered via a welcoming private entrance hall, offering a generous amount of space with attractive wooden flooring throughout and a useful storage cupboard situated at the far end providing utility space.

The open plan sitting/dining room/kitchen boasts a good range of white eye and base level units and drawers complemented by ample preparation surfaces, a sink with drainer and integrated appliances including a fridge freezer, microwave, oven, hob, and dishwasher. The kitchen has practical tiled-effect flooring, whilst the living space enjoys a continuation of the attractive wooden flooring. A particular feature of the property is the beautiful balcony, which enjoys pleasant views across Leicester and provides an ideal space for relaxing.

The double bedroom is L shaped, providing ample space for a double bed, wardrobes, and additional furnishings. The versatile additional area lends itself perfectly to a home office, dressing area, or study space and was previously utilised as a nursery by the current owners. The bathroom has a three-piece suite comprising a panelled bath with shower over and screen, a wash hand basin with large fitted mirror and electric shaver point and an enclosed WC, inset ceiling spotlights, chrome heated towel rail and tiled flooring.

Parking - The apartment benefits from one, secure allocated parking space in the underground parking facility beneath the building.

Lease Details - Please be advised that whilst we make every effort to ensure that these lease details are correct, these are subject to change, must not be relied upon and MUST be verified by any potential Purchaser's Solicitor.
Tenure: Leasehold.
Lease Term: 150 years from 2009.
Ground Rent: £150 per annum.
Service Charge: £2,188 per annum.

Other Information - Local Authority: Leicester City Council, Tax Band: B
Listed Status: None.
Conservation Area: None.
Services: All mains services connected, heating provided by a ground source heat pump.
Broadband delivered to the property: Fibre – Speed unknown.
Construction: Believed to be standard.
Cladding: Remediation works completed 2025.
External Wall System (EWS1) certificate awarded Grade at A1.
Please Note : A new thermal water store was fitted in 2024 worth in excess of £3,000.
Wayleaves, Rights of Way & Covenants: None out of the ordinary for an apartment block.
Flooding issues in the last 5 years : None our Clients are aware of.
Accessibility: The building has lift access.
Planning : Re-cladding of building (completed).