LE5 — Property Investment Data

Short-term rental data · Last updated: Dec 2026 · 219 listings sampled

Leicester's LE5 postcode sector encompasses the northern areas of the city, including neighbourhoods around Belgrave and the outer residential zones extending towards Leicestershire. The sector has emerged as a secondary short-let market within Leicester's broader tourism and business travel economy, characterised by moderate demand from leisure visitors and a steady base of corporate accommodation seekers.

Current short-let conditions in LE5 show estimated monthly revenues of approximately £5,958 based on an average nightly rate of £331 and a 60 per cent occupancy rate. The sample of 41 Airbnb listings indicates an established but not saturated market. These figures suggest properties here generate reasonable yields, though substantially lower than Leicester's prime central postcode sectors. The sector's attraction lies partly in lower acquisition costs relative to city-centre locations, making initial capital requirements more accessible for newer investors.

However, LE5 presents particular challenges. Occupancy rates at 60 per cent remain below optimal levels, indicating inconsistent booking patterns that require active management and competitive pricing strategies. The outer residential character means these properties depend heavily on corporate travellers and visiting relatives rather than leisure tourism. Investors should carefully assess local competition and ensure their target market aligns with Belgrave's demographic and business profile before committing capital.

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