Studio apartment for saleTudor Rd, Leicester, LE3
Sold STC £57,500
- 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 descriptionLeicester 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.
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