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Studio flat for sale

Servia Road, Leeds, LS7

£74,995

Property Description

Key features

  • 6250 Net Annual Guarantee
  • 74995 Purchase Price
  • 3 Years of rental income
  • 300 Metres from the University Campus
  • 41710 Students Renting From Private Landlords
  • 54857 Full Time Students
  • Construction in Progress
  • High Specification Student Apartments
  • Leeds University is Top Ranked for Research
  • Long Lease of 999 years

Full description

A high specification student property in Leeds within a purpose built student block that is located within 300 metres from Leeds University. This property is an ideal investment because it is supported by an 8% Net Income Guaranteed for 3 Years. The demand for student accommodation in Leeds is tremendous as the City has the largest student population outside of London.

Leeds University is part of the prestigious Russell Group of Universities that is considered to be the top 24 research institutions in the UK. Leeds University won £142 million worth of research grants in 2013 and achieved the best results for electronic and electrical engineering. Today Leeds is ranked third for the very popular faculty of Communication and Media Studies.

The demand for places at the University of Leeds outstrips supply - for every six applications, there is only one place accepted. This means that even in challenging economic times, there will continue to be a solid demand for student accommodation.

Students have become more discerning customers and quality accommodation is being used as part of the marketing plans to attract overseas students. High quality luxury studio apartments for sale in LS7 are in short supply and will achieve excellent rental returns.

Student property in Leeds

Investment property near Leeds University is hard to come by. You can grasp a hold of a luxury with 3 years of guaranteed rental income of 8.33 per cent Net. You will take home £1,562 income each quarter.

Leeds Student Property Investment Appeal

Leeds has the second largest highest number of students out side of London.

It is not only the student market appeal that is driving forward capital growth. Leeds is considered by some to be the financial capital of the North. That is quite easy to understand when you consider that the Leeds economy is larger than the economies of 8 European Union member countries. Some of the UK's leading companies are based in the city: First Direct, GE Capital, Alliance & Leicester, Halifax & Direct Line. With office space being some of the most affordable in the country, Leeds is the fastest growing workforce of any UK city. The increased demand for accommodation of all kinds will certainly put price pressure on the rentals that increases investor's returns over time.

Leeds Buy-to-Let investment property L7

The development is well positioned within a student village that is in close proximity to both universities.

There are only four studios apartments left for sale in this hands-off fully managed buy-to-let investment property development.

Request a brochure or give us a call today!.


Listing History

Added on Rightmove:
27 September 2016

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