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Studio apartment for sale

Tudor Rd, Leicester, LE3

Sold STC £57,500

Property Description

Key features

  • Leicester is a top ranked University Town
  • Limited supply with restrictions placed on new HMO Licences
  • Peace of mind deposit protection - fully bond insured
  • Refurbishment of existing City Centre Structure

Full description

Leicester Buy to Let LE3

* Leicester is a top ranked university town

* Limited supply with restrictions placed on new HMO Licences

* Refurbishment of existing City Centre Structure

* Within walking distance to DeMontfort University (21,367 students)

* 50% non status finance

* 5 year minimum rental guarantee

* Circa 10% NET projected yields

* £ 29,750 Total Investment

* Peace of mind deposit protection - fully bond insured

Student Pod Investment Leicester LE3

Based on a recent Knight Frank report, Leicester is currently suffering a severe shortage of high quality purpose-built student accommodation such as student pod investments. With student numbers increasing at a rate of 14% in the three years prior to the 2010/2011 academic year, the two universities in the area, DeMontfort University and Leicester University, have invested heavily in facilities.

The University of DeMontfort has invested £20 million as part of a 10 year initiative while Leicester University is currently under going a 300 million pound upgrade of its facilities.

Leicester is recognised as a leading city for education and sport, ranked number one in The national student survey for satisfaction. For every place there are 6.5 applicants, with

satisfaction overall rated at 80%. Student numbers have increased by 4% in the last year and international students by 11%.

These statistics, published by Knight Frank, demonstrate that there is an acute under supply of student accommodation.

Listing History

Added on Rightmove:
09 November 2016

Map & Street View

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