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Studio for sale

£59,900 From

Clarence Street, Leciester LE1

1
Interested in this property? Call +44 1895 647571 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Communal garden
  • Terrace
  • Central heating
  • Double glazing

Property description

47 Luxury student accommodation in development in Leicester city.

The building is scheduled for completion Q4 2018.

Features
• 12 minutes by transport from University of Leicester
• 6 minutes by transport from Leicester College
• 9 minutes by transport from Regent College
• Less than 700 meters from De Montfort University
• 1-minute walk to Haymarket Shopping Centre
• All essential amenities are local

Units Available
• 9 x 1 bedroom
• 1 x 2 bedroom
• 1 x 3 bedroom
• 36 x studio

Facilities
• Games room
• Gym
• Roof terrace
• Garden
• Laundry room

Prices start from £59,900
250 year lease
£500 ground rent per flat
3% interest on paid deposit from exchange to completion
7% rental income assured for 5 years
Market activity
Average price paid £125,039 Sales 84 Current average value £155,719 (Zoopla Zed-Index) Value change £4,129 ▲ 2.72%

Property value data/graphs for LE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £277,927 - 3.7 -
Semi-detached £248,464 - 3.6 £250,000
Terraced £252,037 £182 3.2 £216,500
Flats £144,456 £222 1.8 £119,570

Current asking prices in LE1

Average: £127,098
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - £275,000
(1)
-
Flats £97,994
(68)
£150,372
(53)
£194,200
(5)
- -
All £97,994
(68)
£150,372
(53)
£194,200
(5)
£275,000
(1)
-

Current asking rents in LE1

Average: £774 pcm
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £536 pcm
(9)
£982 pcm
(5)
£1,368 pcm
(4)
£1,572 pcm
(6)
£1,728 pcm
(3)
Flats £608 pcm
(94)
£762 pcm
(60)
£1,153 pcm
(20)
£1,509 pcm
(7)
£1,370 pcm
(4)
All £602 pcm
(103)
£779 pcm
(65)
£1,189 pcm
(24)
£1,538 pcm
(13)
£1,524 pcm
(7)

Fun facts for LE1

Highest value in LE1
Highest value streets Zed-Index
Wellington Street £284,601
De Montfort Street £282,084
West Street £269,300
New Walk £269,078
Salisbury Road £253,706
Highest turnover in LE1
Highest turnover streets Turnover
Shires Lane 74.2%
Church Street 67.9%
Berridge Street 60.0%
Colton Square 51.6%
Norton Street 35.3%

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 (0.4 miles)
  • South Wigston (3.8 miles)
  • Syston (4.4 miles)
  • East Midlands Airport (15.8 miles)
  • Coventry Airport (23.7 miles)
  • Birmingham International Airport (28.9 miles)
  • West Lynn Ferry Landing (64.2 miles)
  • King's Lynn Ferry Landing (64.3 miles)
  • Hull Ferry Terminal (84.4 miles)

Nearby schools

View all schools in Leicester
  • Taylor Road Primary School (0.5 miles)
  • Charnwood Primary School (0.6 miles)
  • Sparkenhoe Community Primary School (0.6 miles)
  • Regent College (0.8 miles)
  • Leicester College co Freemen's Park Campus (1.0 mile)
  • Wyggeston and Queen Elizabeth I College (1.3 miles)
  • Al-Ihsaan Community College (0.3 miles)
  • Leicester International School (0.5 miles)
  • Moat Community College (0.5 miles)
Note: Distances are straight line measurements

Local info for Leicester

About the neighbours in LE1

AskMe Q&A for Leicester

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For more information about this property, please contact
Archon Estates, UB7 on +44 1895 647571 * (local rate)

Monthly running costs Beta

£416 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,990
Repayment term 25
Interest rate 1.5
Your payment £215 /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 £350,000 Contents value up to £40,000 Average insurance cost £27/mo (£323/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 Archon Estates 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 Archon Estates, and do not constitute property particulars. Please contact Archon Estates 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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