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Studio for sale

£100,000

Aria. 42 Chatham Street, Leicester, Leicestershire LE1

1

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Property features

  • Porter/security
  • City centre location
  • High Speed WiFi
  • Help to Buy: Equity Loan now available!
  • Interior designed communal areas
  • Balconies to selected apartments
  • Off plan opportunity

Property description

Studio apartment

  • Hurry, 60% reserved - contact us now!
  • Concierge service
  • Anticipated rental yields of up to 8%
  • Ideal investment opportunity
  • Balconies to selected apartments
  • Help to Buy: Equity Loan now available!
  • City centre location
  • Off plan opportunity

    Aria

    Aria apartments bring together a distinctive collection of studio, one and two bedroom luxury apartments on Chatham Street, Leicester. The Apartments are beautifully developed, boasting generous living space and will offer luxury living in the heart of the bustling city centre.
  • Property info

    Market activity
    Average price paid £119,663 Sales 77 Current average value £151,869 (Zoopla Zed-Index) Value change £1,303 ▲ 0.86%

    Property value data/graphs for LE1

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £269,408 - 3.7 -
    Semi-detached £244,006 - 3.6 £310,000
    Terraced £251,540 £179 3.2 £144,500
    Flats £140,372 £217 1.8 £116,553

    Current asking prices in LE1

    Average: £124,584
    Avg. current asking prices in LE1
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses - - - - -
    Flats £91,488
    (105)
    £153,407
    (62)
    £227,658
    (6)
    - -
    All £91,488
    (105)
    £153,407
    (62)
    £227,658
    (6)
    - -

    Current asking rents in LE1

    Average: £706 pcm
    Avg. current asking prices in LE1
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £537 pcm
    (6)
    £933 pcm
    (4)
    £1,398 pcm
    (2)
    £1,273 pcm
    (12)
    £1,029 pcm
    (7)
    Flats £607 pcm
    (173)
    £746 pcm
    (73)
    £1,229 pcm
    (14)
    £1,515 pcm
    (6)
    £899 pcm
    (2)
    All £605 pcm
    (179)
    £756 pcm
    (77)
    £1,250 pcm
    (16)
    £1,354 pcm
    (18)
    £1,000 pcm
    (9)

    Fun facts for LE1

    Highest value in LE1
    Highest value streets Zed-Index
    Wellington Street £277,730
    De Montfort Street £276,234
    West Street £267,619
    New Walk £257,263
    Newtown Street £249,252
    Highest turnover in LE1
    Highest turnover streets Turnover
    Shires Lane 76.7%
    Church Street 67.9%
    Colton Square 51.6%
    Berridge Street 50.0%
    Norton Street 35.3%

    What Zoopla users think of Leicester

    Overall rating:

    • currently 4 stars
    Very good - 76% (569 ratings)

    Ratings breakdown:

    • currently 3.5 stars
    Community & safety
    • currently 3.5 stars
    Entertainment & nightlife
    • currently 4 stars
    Parks & recreation
    • currently 4 stars
    Restaurants & shopping
    • currently 4 stars
    Schools & public services
    • currently 4 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 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Entertainment & nightlife
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Parks & recreation
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Restaurants & shopping
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Schools & public services
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Transport & travel
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5

    Nearby transport

    • Leicester (0.2 miles)
    • South Wigston (3.4 miles)
    • Syston (4.9 miles)
    • East Midlands Airport (16.1 miles)
    • Coventry Airport (23.3 miles)
    • Birmingham International Airport (28.7 miles)
    • West Lynn Ferry Landing (64.3 miles)
    • King's Lynn Ferry Landing (64.4 miles)
    • Hull Ferry Terminal (84.8 miles)

    Nearby schools

    View all schools in Leicester
    • Sparkenhoe Community Primary School (0.5 miles)
    • Hazel Community Primary School (0.6 miles)
    • Highfields Primary School (0.6 miles)
    • Wigston College (3.4 miles)
    • Beauchamp College (3.8 miles)
    • Groby Community College (4.8 miles)
    • The Children's Hospital School (0.3 miles)
    • Moat Community College (0.5 miles)
    • Al-Ihsaan Community College (0.7 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
    Forty/8 - Aria, LE1 on * (local rate)

    Monthly running costs Beta

    £567 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 10,000
    Repayment term 25
    Interest rate 1.5
    Your payment £359 /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 £50,000 Contents value up to £20,000 Average insurance cost £34/mo (£410/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 £19 Electricity £23 Estimated energy cost £42/mo

    Similar properties could save up to £132

    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 Forty/8 - Aria 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 Forty/8 - Aria, and do not constitute property particulars. Please contact Forty/8 - Aria 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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