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1 bed flat for sale

£78,995

Leicester Off Plan, Leicester, 7Dh, Leicester LE2

1 1

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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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Market activity
Average price paid £208,911 Sales 1,027 Current average value £238,733 (Zoopla Zed-Index) Value change £11,120 ▲ 4.88%

Property value data/graphs for LE2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £413,735 £266 3.9 £361,101
Semi-detached £219,226 £224 3.2 £201,386
Terraced £169,409 £201 2.9 £161,263
Flats £150,116 £227 1.8 £129,437

Current asking prices in LE2

Average: £236,835
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £124,990
(5)
£189,643
(50)
£230,697
(138)
£354,858
(73)
£389,346
(23)
Flats £99,779
(46)
£157,623
(45)
£185,825
(6)
- -
All £102,250
(51)
£174,476
(95)
£228,828
(144)
£354,858
(73)
£389,346
(23)

Current asking rents in LE2

Average: £987 pcm
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £547 pcm
(11)
£687 pcm
(55)
£751 pcm
(113)
£1,459 pcm
(124)
£1,449 pcm
(39)
Flats £568 pcm
(78)
£668 pcm
(45)
£795 pcm
(11)
£744 pcm
(5)
£405 pcm
(7)
All £566 pcm
(89)
£679 pcm
(100)
£755 pcm
(124)
£1,431 pcm
(129)
£1,290 pcm
(46)

Fun facts for LE2

Highest value in LE2
Highest value streets Zed-Index
Knighton Grange Road £1,037,871
Knighton Rise £1,005,298
Gartree Road £974,005
Manor Road £960,657
Southmeads Road £957,215
Highest turnover in LE2
Highest turnover streets Turnover
Copse Close 62.5%
Seymour Road 61.5%
Belper Close 50.0%
Autumn Road 44.0%
Marylebone Place 44.0%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (539 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 (0.5 miles)
  • South Wigston (3.2 miles)
  • Narborough (4.9 miles)
  • East Midlands Airport (16.1 miles)
  • Coventry Airport (23.1 miles)
  • Birmingham International Airport (28.5 miles)
  • West Lynn Ferry Landing (64.5 miles)
  • King's Lynn Ferry Landing (64.6 miles)
  • Sharpness Old Docks (84.7 miles)

Nearby schools

View all schools in Leicester
  • Hazel Community Primary School (0.4 miles)
  • King Richard Infant and Nursery School (0.6 miles)
  • Shaftesbury Junior School (0.6 miles)
  • Leicester College co Freemen's Park Campus (0.4 miles)
  • Regent College (0.5 miles)
  • Wyggeston and Queen Elizabeth I College (0.8 miles)
  • The Children's Hospital School (0.1 miles)
  • Moat Community College (0.7 miles)
  • Leicester International School (0.9 miles)
Note: Distances are straight line measurements

Local info for Leicester

About the neighbours in LE2

AskMe Q&A for Leicester

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For more information about this property, please contact
RW Invest London, SE1 on +44 20 3641 4564 * (local rate)

Monthly running costs Beta

£479 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,899
Repayment term 25
Interest rate 1.5
Your payment £284 /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)
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 £18 Electricity £24 Estimated energy cost £42/mo

Similar properties could save up to £120

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 London 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 London, and do not constitute property particulars. Please contact RW Invest London 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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