LE5Leicester

Leicester City Centre & Clarendon Park

Leicester City Centre & Clarendon Park investment guide. Average gross yield 3.9%, landlord's market rental demand.

3.9%avg gross yield

£270kavg sold price (593 sales, 12mo)

Landlord's marketrental demand

Article 4: Yes· Leicester City Council HMO Article 4 Direction 2021

Last updated May 2026

Average Gross Yield

3.9%

+0.1% vs Leicester avg (3.8%)

Average Asking Price

£270,000

high confidence (593 sales)

Est. Monthly Rent

£971

2-bed · 3-bed £1,195 · 5.0% yield

Price Per Sq Ft

£286

City avg £299/sqft · 13 below average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in LE5

1-bed

£762

per month

5.4% yield

2-bed

£971

per month

5.0% yield

3-bed

£1,195

per month

5.3% yield

4-bed

£1,525

per month

5.6% yield

Ownership mix

LE5 vs UK average · 42,667 dwellings · Source: ONS Census 2021

Landlord-heavy: 27% privately rented (btl) (7pp higher than the UK average of 20%).

Owned outrightNo mortgage on the property

27.7%(UK 32.9%)

-5.2pp vs UK

Owned with mortgageIncluding shared ownership

26.4%(UK 29.7%)

-3.3pp vs UK

Privately rented (BTL)Private landlord or letting agent

26.8%(UK 20.3%)

+6.5pp vs UK

Socially rentedCouncil or housing association

19.1%(UK 17.1%)

+2.0pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in LE5

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	5.5%	£244,957	£1,124
Semi-detached →	4.9%	£286,662	£1,177
Detached →	3.8%	£380,341	£1,217
Flat →	9.9%	£119,701	£984

Explore by strategy

Live data for each property type across Leicester.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Leicester City Centre & Clarendon Park (LE5, Leicester)

LE5 offers investors a compelling entry point with an average asking price of £270,000 and a solid 3.9% gross yield. The area benefits from strong rental demand in a landlord's market, with yields across all property sizes ranging from 5-5.6%, indicating consistent tenant appetite and competitive rental rates.

The tenant demographic is mixed and broad-based, with strong demand across all bedroom categories from young professionals in 1-bedroom units (£762/month) through to larger family homes in 4-bedroom properties (£1,525/month). This diversification means investors can target different market segments and rental income profiles depending on property type.

Investors should monitor local regeneration timelines and competition from newer builds, which may impact yields as the market matures. Additionally, the reliance on a landlord's market means conditions can shift; staying informed on Leicester's economic performance and graduate retention rates will be important for long-term capital growth.

Sold Price Trend - LE5

Average sold price, last 8 quarters

-9.1% over 2 years

Flip Activity - LE5

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+22.7%

after HPI adjust

Median hold

11 mo

Flip rate

0.4%

of all sales

Recent case studies

tolcarne road

Semi

Bought Jul 24

£190k

Sold Dec 25

£270k

17 mo+39.4%*

Gross 42.1%

parry street

Terraced

Bought Dec 24

£209k

Sold Jun 25

£250k

7 mo+21.3%*

Gross 19.6%

averil road

Semi

Bought Nov 23

£238k

Sold May 25

£290k

18 mo+22.7%*

colthurst way

Semi

Bought May 24

£160k

Sold Nov 24

£243k

7 mo+48.7%*

Gross 51.6%

bryony road

Semi

Bought Jun 23

£200k

Sold May 24

£235k

11 mo+18.6%*

Gross 17.5%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - LE5

Restrictions that affect HMO and buy-to-let investors in this postcode district

Article 4 Direction (HMO)In effect

HMO conversions in this LPA require planning approval under: