Properties for Sale in Leicester

Leicester is a highly attractive market for residential property investment in the UK due to its strong economy, increasing inward investment, job creation, and steady growth in its domestic population. As a result, investors have seen excellent returns, with properties in Leicester providing some of the best gross yields and capital values in the country.

One of the driving forces behind this success is the significant economic growth that the city has experienced over the past decade. The Leicester and Leicestershire Economic Partnership (LLEP) reports that the area "has undergone a transformation into an innovative, technology-led and knowledge-driven economy." This has helped to create an environment in which investors can thrive.

In addition to economic growth, Leicester is facing a significant housing shortage. Local planners estimate that by 2050, the city will need to accommodate around 187,000 new households, but current building rates are unlikely to meet this demand. This situation ensures that Leicester will remain an attractive market for investors for the foreseeable future.
 

Economy

In terms of the economy, Leicester boasts a GVA of around £24.5 billion, with a growth target of +£5.7 billion per annum by 2030. It also has a target of +30,000 new jobs by 2030 and a population growth forecast of +34,800 by the same year. The visitor economy is worth around £650 million per annum, and the city has a student population of around 60,000 across three universities. There are also major investments being made, such as the East Midlands Freeport and the Getting Building Fund.
 

Property Market

The Leicester property market is attractive to investors because it delivers strong returns while remaining affordable in comparison to the UK average. This supports better yields overall and potentially allows more room for subsequent capital appreciation. Looking ahead, demand for apartments in Leicester and other properties is expected to remain strong, with limited stock available. According to local planners, the city will have to find a way to accommodate an additional 187,000 households by 2050, which bodes well for reliable tenant demand and rising property values in Leicester.