Leicester Student Accommodation Investment LE2 | Buy to let Leicester
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Key Figures
£71,000Starting Price
7.8%Net Yield
Q3 2016Completion Date
Property Summary
Located in the East Midlands, Leicester is the tenth largest city in the UK and has a total student population of 38,000, 13% of the overall city’s population. The city is home to two world-renowned universities, the University of Leicester and De Montfort University. 9,800 students in the city are postgraduates.
With the continuous rise of the two universities in Leicester and a growing amount of postgraduate and overseas students, the city has become a place of opportunity for developers and investors alike.
Leicester student accommodation investment. A one-off property resale in an exclusive investment student property development which boasts 5 years of proven income. Circa 8% Net returns in an undersupplied student market.
Property Specification
Studio aprtment for sale: high quality, fully furnished, specifically designed to meet the needs of the postgraduate student market.
Entrance/Communal - A floor to ceiling glassed atrium entrance way will lead into the reception and communal lounge space. There will be communal games and IT rooms with computer pods and HD tv sets. Individual and group study rooms/areas Laundry, bike storage, external courtyard area. 24 hour security High spec,luxury accommodaUon Bespoke kitchens with modern appliances Ensuite Bathrooms Double Bed with built in storage Superfast Wifi ConnecUon
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The Numbers
Ground Rent:£258
Number of Units:159
Service Charge:
Prices:£71000
Leasehold: