1 bedroom flat for sale

£72,995

Leicester Off Plan, Leicester, 7Dh, Leicester LE2

1 bedroom flat for sale 1 1
Interested in this property? Call +44 151 382 7657 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 8% Assured Net Rental Return for 3 Years
  • Located in Leicester City Centre
  • Next to the University
  • Self-Contained Studios
  • Experienced Management Company
  • Property Prices from £62,000

Property description

Leicester Student Property

For Investment Purposes Only – 50% Deposit Required – Below Market Value

Following the overwhelming success and 100% sell out of the adjacent development this development will provide individually-designed luxury studio apartments for the next generation of UK and overseas students living in Leicester.

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

To Receive a Free Financial Form Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

1. 8% Assured Net Rental Return for 3 Years
2. Located in Leicester City Centre
3. Next to the University
4. A range of on-site facilities including underground parking
5. Experienced Management Company
6. Property Prices from £62,000

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.

For More Information Call Us Today or Register Below for an Info Pack
Floorplan(s): Floorplan 1

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Property value data/graphs for LE2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £424,687 £268 3.9 £382,734
Semi-detached £225,569 £225 3.2 £223,339
Terraced £174,848 £201 2.9 £177,123
Flats £151,654 £228 1.8 £132,449

Current asking prices in LE2

Average: £273,365
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £127,273
(11)
£203,152
(80)
£242,260
(139)
£386,744
(78)
£470,557
(34)
Flats £95,956
(53)
£164,579
(31)
£188,733
(6)
£199,950
(1)
-
All £101,339
(64)
£192,380
(111)
£240,046
(145)
£384,379
(79)
£470,557
(34)

Current asking rents in LE2

Average: £921 pcm
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £549 pcm
(19)
£750 pcm
(45)
£868 pcm
(71)
£1,364 pcm
(75)
£1,445 pcm
(34)
Flats £564 pcm
(141)
£804 pcm
(60)
£1,129 pcm
(8)
£1,221 pcm
(7)
£2,113 pcm
(6)
All £562 pcm
(160)
£781 pcm
(105)
£894 pcm
(79)
£1,352 pcm
(82)
£1,545 pcm
(40)

Fun facts for LE2

Highest value in LE2
Highest value streets Zed-Index
Knighton Grange Road £1,064,685
Knighton Rise £1,029,933
Manor Road £990,128
Southmeads Road £981,657
Gartree Road £973,944
Highest turnover in LE2
Highest turnover streets Turnover
Copse Close 62.5%
Maris Lane 56.2%
Ryde Avenue 53.8%
Belper Close 50.0%
Milton Gardens 50.0%
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For more information about this property, please contact
RW Invest Liverpool, L1 on +44 151 382 7657 * (local rate)

Monthly running costs Beta

£462 Monthly total

Home Insurance

Contents value up to £80,000 Average insurance cost £12/mo (£141/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £16 Electricity £24 Estimated energy cost £40/mo

Similar properties could save up to £230

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5900 kWh/year
Electricity: 1700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Leicester

Estimated tax band A Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact RW Invest Liverpool about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RW Invest Liverpool, and do not constitute property particulars. Please contact RW Invest Liverpool for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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