Room for sale in Leicestershire Leicestershire, England, United Kingdom Room £59,900 | €67,615 | $77,007 Request a Currency Exchange Quote Here

Invest in a city with an undeniable demand for student property with #47, Leicester's new, luxury development. Close to 2 universities, units in #47 start from £59,900 and offer a five-year rental guarantee of 7%.

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Garden

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City, Development

Amenities & Services

University
Property Description ID:29218543

Invest in a city with an undeniable demand for student property with #47, Leicester's new, luxury purpose-built development.

 

The UK city is home to two universities, the University of Leicester and DeMontfort University, educating amost 40,000 students combined. With more money being invested in the universities, demand for quality accommodation is high and expected to continue growing. There are now 6.4 students for every dedicated room within the city centre, providing an excellent opportunity to capitalise on strong occupancy rates and earn high rental yields.

 

#47 is perfectly positioned as an entry into Leicester's buzzing student market. The property consists of 47 luxury units separated over seven floors. Each studio will be completely self-contained and the development will also offer superior communal facilities, such as a fitness room, communal lounge / games room and a garden / recreational area.

 

Units in #47 start from just £59,900 and the developer is offering a five-year rental guarantee of 7%. The property is expected to complete in Q4 2088, with 3% interest paid on deposits.

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Important Property Information

Available Units

Room
  • GBP Price: £59,900
  • EUR Price: €67,615
  • USD Price: $77,007

Key Selling Points

  • Purchase a unit from £59900
  • 7% rental income for 5 years
  • City centre location near 2 universities
  • 3% interest paid on deposit
  • Completion Q4 2018
Mortgage Information
Investment Facts

Category : Student Accommodation

Cash requirement : £59,900

Income Yield: 7.00% Net Yield Guaranteed

Income Term: 5 Years

Income guaranteed
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