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Aria Apartments, 42 Chatham Street Leicester LE1 6AY

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Invest in this ultra modern apartment
  • Excellent rental yield just under 7% NET
  • Incredibly well placed development
  • One bedroom apartment
  • High quality fixtured and fittings
  • Floor to ceiling windows
  • Sought after development
  • Lift access, concierge and CCTV
  • In the heart of Leicester city centre
  • Investment hot spot

Description

yieldit are pleased to offer to the market an ideal investment opportunity in the ultra-modern and centrally located Aria development. Aria is a sought-after development which was newly built in 2018 providing first class accommodation with lift access to all floors, concierge service, CCTV throughout all communal areas and secure video entry system.

Internally this stunning apartment consists of entrance hallway, open plan living area featuring contemporary kitchen, double bedroom with fitted wardrobes and a luxury bathroom. This property is perfect premium accommodation for working professionals of the city along with students of both De Montfort and Leicester Universities and employees of Leicester Royal Infirmary – all of which are located just 1 mile from the development.

The Aria development sits in the heart of Leicester city centre, with boutique shopping and dining and plenty of social and cultural activities to choose from. Leicester railway station is less than a 10-minute stroll and is a major stop on train services to and from Nottingham, Birmingham, Derby, Lincoln, Cambridge and London, with services to St Pancras in just over an hour.

Leicester is the UK’s eight largest city with a population of more than 500,000 people. It is one of the best-connected areas in the UK and boasts the largest economy of the East Midlands and is currently a growth hotspot thanks to several multi-million-pound developments which have transformed it over the recent few years, with the city’s business growth now higher than the national average. In addition to this, the £250 million pound Leicester Waterside development is expected to create 455 new jobs, provide new commercial workspace, a 252 bed hotel and produce £80million of follow on investment. It's needless to say that Leicester is a promising choice for property investment, so don’t miss out and enquire today!

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £13,140.00
Net income: £11,624.36
Gross yield: 8.76%
Net yield: 7.75%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07396
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Aria Apartments, 42 Chatham Street Leicester LE1 6AY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.3 miles
  • South Wigston Station3.4 miles
  • Syston Station4.7 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07396. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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