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Studio for sale

£72,900

Unit 501, Conduit Street, Leicester LE2

1
Interested in this property? Call +44 20 8033 9973 * or

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Property features

  • 7% net for 5 years
  • From £69,000 to £74,900
  • £5000 to reserve
  • 3% interest paid on deposited funds
  • Fully furnished
  • Completes July 2018
  • 250 year lease
  • Cash investment
  • Off-plan discount

Property description

Unit 501 is one of the largest in the development. It is a corner unit with balcony which offers impressive views on the 5th floor. The luxurious studio is also exceptionally fully furnished/finished complete with private kitchen and bathroom.

The development will offer tenants superior communal facilities such as laundry room, landscaped rooftop garden, bicycle parking, 24/7 concierge desk plus a communal lounge/games room. The development also highlights over the top finishes and energy efficient technology to guarantee the ultimate experience in contemporary living to discerning residents and long term sustainability.

Westport Invest offer exclusive discounts! Enquire now for full details and availability.
Market activity
Average price paid £202,813 Sales 1,112 Current average value £225,793 (Zoopla Zed-Index) Value change £3,071 ▲ 1.38%

Property value data/graphs for LE2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £392,218 £250 3.9 £337,595
Semi-detached £206,636 £215 3.2 £194,493
Terraced £161,158 £191 2.9 £157,387
Flats £141,688 £213 1.8 £132,800

Current asking prices in LE2

Average: £228,449
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £164,500
(2)
£179,262
(75)
£231,434
(147)
£368,948
(62)
£423,063
(31)
Flats £85,072
(80)
£146,630
(47)
£181,990
(5)
- -
All £87,009
(82)
£166,690
(122)
£229,808
(152)
£368,948
(62)
£423,063
(31)

Current asking rents in LE2

Average: £773 pcm
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £505 pcm
(49)
£726 pcm
(39)
£828 pcm
(43)
£1,775 pcm
(37)
£1,817 pcm
(14)
Flats £498 pcm
(157)
£741 pcm
(62)
£720 pcm
(4)
£672 pcm
(4)
£693 pcm
(5)
All £500 pcm
(206)
£735 pcm
(101)
£819 pcm
(47)
£1,667 pcm
(41)
£1,521 pcm
(19)

Fun facts for LE2

Highest value in LE2
Highest value streets Zed-Index
Knighton Grange Road £982,827
Knighton Rise £952,122
Gartree Road £916,992
Manor Road £915,483
Southmeads Road £911,169
Highest turnover in LE2
Highest turnover streets Turnover
Seymour Road 61.5%
Copse Close 50.0%
Shanklin Gardens 50.0%
Althorp Close 46.7%
Bourton Crescent 46.4%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (514 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Leicester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Leicester (0.1 miles)
  • South Wigston (3.5 miles)
  • Syston (4.7 miles)
  • East Midlands Airport (16.3 miles)
  • Coventry Airport (23.5 miles)
  • Birmingham International Airport (29.0 miles)
  • West Lynn Ferry Landing (64.0 miles)
  • King's Lynn Ferry Landing (64.1 miles)
  • Hull Ferry Terminal (84.6 miles)

Nearby schools

View all schools in Leicester
  • Sparkenhoe Community Primary School (0.1 miles)
  • Al-Islamia Institute for Education (0.3 miles)
  • Highfields Primary School (0.3 miles)
  • Regent College (0.4 miles)
  • Leicester College co Freemen's Park Campus (0.7 miles)
  • Wyggeston and Queen Elizabeth I College (0.8 miles)
  • Moat Community College (0.2 miles)
  • Leicester International School (0.4 miles)
  • The Children's Hospital School (0.6 miles)
Note: Distances are straight line measurements

Local info for Leicester

AskMe Q&A for Leicester

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For more information about this property, please contact
Westport Invest, EC2A on +44 20 8033 9973 * (local rate)

Monthly running costs Beta

£457 Monthly total
Mortgage
Purchase price
Deposit (10%) 7,290
Repayment term 25
Interest rate 1.5
Your payment £262 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £21/mo (£257/yr) 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 £19 Electricity £23 Estimated energy cost £42/mo 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 Westport Invest 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 Westport Invest, and do not constitute property particulars. Please contact Westport Invest for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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