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1 bed flat for sale

£70,900

No.47 Student Apartments, 47 Clarence Street, Leicester LE1

1 1 1
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Property features

  • Leicester City Centre
  • 7% Assured Net Rental Income
  • High Speed Internet Throughout
  • Expected Capital Growth
  • Experienced Management Company

Property description

No.47 Student Apartments

This stylish student development will offer 52 studios finished to the highest of standards with a spacious interior to maximise light.

Investors have the opportunity to invest in a landmark building in the heart of Leicester. A city with the largest economy in the East Midlands and £3 billion+ worth of investment still being delivered.
The city benefits from easy access to London and unrivalled transport links.

Investment Overview

• Leicester City Centre
• 7% Assured Net Rental Income for 5 Years
• High Speed Internet Throughout
• Property Prices Forecast to Rise 13% Over the Next 5 Years.
• Experienced Management Company

The Location

With the University of Leicester ranked in the top 1% in the world and Leicester being home to the headquarters and regional offices of a number of well-known companies, the city provides an ideal base for both students and professionals.

Leicester has a rich heritage in sport, culture and industry with events, facilities and attractions to suit every lifestyle. Leicester has a young and diverse population, making it a vibrant city and has been named the third hottest retail location in the UK.

- Sizes listed are approximations. Please contact the agent to verify actual sizes.

Computer Generated Images for Illustration Purposes Only

Sizes listed are approximations. Please contact the agent to verify actual sizes


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Market activity
Average price paid £125,039 Sales 84 Current average value £155,625 (Zoopla Zed-Index) Value change £4,058 ▲ 2.68%

Property value data/graphs for LE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £278,134 - 3.7 -
Semi-detached £248,934 - 3.6 £250,000
Terraced £251,156 £177 3.2 £216,500
Flats £144,403 £222 1.8 £119,570

Current asking prices in LE1

Average: £120,324
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - £275,000
(1)
-
Flats £90,217
(123)
£159,717
(72)
£185,167
(6)
- -
All £90,217
(123)
£159,717
(72)
£185,167
(6)
£275,000
(1)
-

Current asking rents in LE1

Average: £781 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)
£1,290 pcm
(5)
£1,572 pcm
(6)
£1,728 pcm
(3)
Flats £607 pcm
(87)
£766 pcm
(57)
£1,164 pcm
(19)
£1,509 pcm
(7)
£1,370 pcm
(4)
All £601 pcm
(96)
£783 pcm
(62)
£1,190 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 £284,627
De Montfort Street £282,009
New Walk £269,924
West Street £268,875
Salisbury Road £253,719
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
Alesco Investment Properties, SW18 on +44 20 8033 7635 * (local rate)

Monthly running costs Beta

£456 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,090
Repayment term 25
Interest rate 1.5
Your payment £255 /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 Alesco Investment Properties 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 Alesco Investment Properties, and do not constitute property particulars. Please contact Alesco Investment Properties 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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