1 bedroom apartment for sale

# Leicester -, Leicestershire, LE1 3RW

  • Bedrooms: 1
  • Bathrooms: 1

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Summary

INVESTORS/CASH BUYERS ONLY An exceptional opportunity has arisen is Leicester City Centre ti purchase studio apartments designed for use by students. This exceptional opportunity comes with an assured income of 7% per annum for 5 years and even offers interest on deposited funds during construction!

Description

#47 is a fantastic opportunity to invest in a quality development in a major UK city, Leicester. Take advantage of a market which is structurally undersupplied, where demand is high and rents are rising. This is one of the safest, affordable investment opportunities available, in an excellent location and belonging to an asset class that has out-performed all others for at least 5 years.

Spread over a brand new 7 storey building, each studio and flat will be completely self-contained, with private kitchens, bathrooms, and will be fully furnished/finished to an extremely high standard. They even each have their own balcony! "#47" will offer residents superior communal facilities, including a ground floor reception, laundry room, roof terraces, cycle parking, a fitness room, a communal lounge/games room and a garden/recreation area! The development will also feature high quality finishes and energy efficient technology, ensuring the ultimate experience in contemporary living for discerning residents and long-term sustainability.

Set for completion in Q4 2018, investors here can benefit from a developer with an impeccable track record and healthy returns assured for a period of 5 years at 7% Net. The only fee to pay is ground rent which is £500 per annum.

Service charges and management fees are covered for within the first five years and will be circa £1250 per annum thereafter.

There is a distinct shortfall of beds for students in Leicester and so one can only feel that a new project of this calibre will satisfy the ever-increasing market demand amongst students in Leicester.

Investment Highlights:
• Prices from £57,900
• 47 studios, 1,2 and 3 bed apartments
• 7% income assured for 5 years
• 3% Interest on all deposited funds
• Investor friendly payment plan
• 250 years leasehold

Payment Plan:
• £5000 reservation fee
• 40% deposit on exchange
• 30% Instalment in June 2018
• 30% balance on completion

Disclaimer

Property advert Ref 3766322 - Is a property advert for marketing purposes only, the information has been supplied by the owner, estate agent or property portal and The House Shop makes no warranty as to the accuracy or completeness of the information. Furthermore we have no control over the adverts content. This property advertisement does not constitute property particulars. Please contact the advertiser to obtain any information regarding The Energy Performance Certificate regarding homes in England and Wales or Home Report for residential property in Scotland.

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