Leicester Student Accommodation Investment LE2 | Buy to let Leicester
Leicester City Centre Student Property Investment
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.
Key Figures
£72,500Starting Price
8%Net Yield
Q3 2016Completion Date
Investment Details
Student Investment Property in Leicester
• Fantastic 8% NET Rental assured for 5 years Hands-off investment managed by highly experienced student management company • Exclusive new development in the heart of Leicester city-centre • Self-contained, fully-furnished apartments from £72,500 • Located at 160m from De Montfort University Campus • University of Leicester located at only 800m from development. • Leicester is home to 38,000 students, 25% of whom are postgraduates
Although this development is now sold out, you may be wanting to conduct more research into the sector. Read on to find out whether investing in UK student property is a good idea.
The Numbers
Ground Rent:£250
Number of Units:159
Service Charge:
Prices:£72,500 ‐ £89,900
Leasehold:
159 larger than average, high quality, fully furnished, self-contained studio apartments 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
Cash only Investment £5,000 reservation fee 50% on exchange less reservation fee 25% 6 months into build (approx Dec 2015) Remainder on completion
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