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1 Bedroom Studio Flat for sale in Primus Place Gateway Street, Leicester, LE2

1 Bedroom Studio Flat - £62,000

Primus Place Gateway Street, Leicester, LE2

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First listed on: 25th October 2017

Nearest stations: Leicester (0.6 mi)Narborough (2.7 mi)South Wigston (3.2 mi)Syston (5.1 mi)Sileby (7.2 mi)

Interested in this property? Call See phone number 0161 482 7781

Property Features

  • Shops and amenities nearby
  • Close to public transport
  • EPC Rating C
  • Self-Contained Studio
  • Student Accomodation

Property Description

Tenure: Leasehold
Leicester Student Property This development is ideally located close to the universities and the student village in the city of Leicester, is the perfect solution for postgraduate students looking for independent living in a student environment.

The complex offers a shared laundry for the apartments within the building. The apartment offers a bedroom, kitchenette with hob, microwave, fridge and sink as well as storage cupboards. There is also a separate shower room and built in wardrobes. There is no parking with the apartment.
Investment Overview The property is currently tenanted through SFM who manage the building. The Gross annual rent is £7,599 (representing 12.3% Gross Yield). The Service charge is £1,435 p/a the management fee is 3.65% £333.10 p/a and the contents insurance is £12.44 p/a representing a Net Yield of 9.4%.
This is based on current rental figures and should be verified with your solicitor during the conveyance process.
About Leicester Located in the East Midlands, Leicester is the tenth largest city in the UK and provides a cultural, diverse and commercial centre. With the highest population in its region of people aged 19 and under, Leicester has a total student population of over 37,000. The city is home to two world-renowned universities, University of Leicester and De Montfort University. Over 9,800 students in the city are postgraduates. Numbers are not set to diminish anytime soon: postgraduate qualifications are becoming more of a necessity in the increasingly competitive jobs market and it is understood that a Masters helps graduates to stand out. Such a qualification is also becoming more of a requirement in many professions. There is, therefore, a need to answer this specific market\'s demands and provide first class facilities, such as the provision of modern, purpose-built student accommodation. 26% of the city\'s student population are postgraduates. With very little availability of purpose-built schemes, the demand for quality accommodation is very high, making this development the perfect investment solution.

Tenure: Leasehold
Leicester Student Property This development is ideally located close to the universities and the student village in the city of Leicester, is the perfect solution for postgraduate students looking for independent living in a student environment.

The complex offers a shared laundry for the apartments within the building. The apartment offers a bedroom, kitchenette with hob, microwave, fridge and sink as well as storage cupboards. There is also a separate shower room and built in wardrobes. There is no parking with the apartment.
Investment Overview The property is currently tenanted through SFM who manage the building. The Gross annual rent is £7,599 (representing 12.3% Gross Yield). The Service charge is £1,435 p/a the management fee is 3.65% £333.10 p/a and the contents insurance is £12.44 p/a representing a Net Yield of 9.4%.
This is based on current rental figures and should be verified with your solicitor during the conveyance process.
About Leicester Located in the East Midlands, Leicester is the tenth largest city in the UK and provides a cultural, diverse and commercial centre. With the highest population in its region of people aged 19 and under, Leicester has a total student population of over 37,000. The city is home to two world-renowned universities, University of Leicester and De Montfort University. Over 9,800 students in the city are postgraduates. Numbers are not set to diminish anytime soon: postgraduate qualifications are becoming more of a necessity in the increasingly competitive jobs market and it is understood that a Masters helps graduates to stand out. Such a qualification is also becoming more of a requirement in many professions. There is, therefore, a need to answer this specific market\'s demands and provide first class facilities, such as the provision of modern, purpose-built student accommodation. 26% of the city\'s student population are postgraduates. With very little availability of purpose-built schemes, the demand for quality accommodation is very high, making this development the perfect investment solution.

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Date History Details
26/10/2017 Property listed at £62,000

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Disclaimer

Disclaimer Property reference A58EF7ED1869E0_257. Details are provided and maintained by Cherish Property. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Cherish Property, Stockport

Assetz House, Newby Road

Stockport

Cheshire

SK7 5DA

Telephone: See phone number 0161 482 7781

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference A58EF7ED1869E0_257. Details are provided and maintained by Cherish Property. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Cherish Property, Stockport

Assetz House, Newby Road

Stockport

Cheshire

SK7 5DA

Telephone: See phone number 0161 482 7781

Arrange Viewing Arrange Viewing with Agent

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