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Studio flat for sale

#47 Leicester - Unit 32 -Clarence Street, Leicester, Leicestershire, LE1

£88,900

Property Description

Key features

  • Prices from 57,900
  • 47 studios, 1,2 and 3 bed apartments
  • 7% income assured for 5 years
  • 3% Interest on all deposited funds
  • Investor friendly payment plan
  • 250 years leasehold
  • 5000 reservation fee
  • 40% deposit on exchange
  • 30% Instalment in June 2018
  • 30% balance on completion

Full description

Tenure: Leasehold

#47 is a fantastic opportunity to invest in a quality development in a major UK city, Leicester. Take advantage of a market which is structurally undersupplied, where demand is high and rents are rising. This is one of the safest, affordable investment opportunities available, in an excellent location and belonging to an asset class that has out-performed all others for at least 5 years.

Spread over a brand new 7 storey building, each studio and flat will be completely self-contained, with private kitchens, bathrooms, and will be fully furnished/finished to an extremely high standard. They even each have their own balcony! "#47" will offer residents superior communal facilities, including a ground floor reception, laundry room, roof terraces, cycle parking, a fitness room, a communal lounge/games room and a garden/recreation area! The development will also feature high quality finishes and energy efficient technology, ensuring the ultimate experience in contemporary living for discerning residents and long-term sustainability.

Set for completion in Q4 2018, investors here can benefit from a developer with an impeccable track record and healthy returns assured for a period of 5 years at 7% Net. The only fee to pay is ground rent which is 500 per annum.

Service charges and management fees are covered for within the first five years and will be circa 1250 per annum thereafter.

There is a distinct shortfall of beds for students in Leicester and so one can only feel that a new project of this calibre will satisfy the ever-increasing market demand amongst students in Leicester.

Investment Highlights:
Prices from 57,900
47 studios, 1,2 and 3 bed apartments
7% income assured for 5 years
3% Interest on all deposited funds
Investor friendly payment plan
250 years leasehold

Payment Plan:
5000 reservation fee
40% deposit on exchange
30% Instalment in June 2018
30% balance on completion


Listing History

Added on Rightmove:
18 September 2017

Nearest stations

  • Leicester (0.4 mi)
  • South Wigston (3.8 mi)
  • Syston (4.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Opulent, Liverpool

20 Chapel Street Liverpool L3 9AG

01753 377181 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

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Master Floorplan Image
Master Floorplan Image

To view this property or request more details, contact:

Opulent, Liverpool

20 Chapel Street Liverpool L3 9AG

01753 377181 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (0.4 mi)
  • South Wigston (3.8 mi)
  • Syston (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Opulent, Liverpool

20 Chapel Street Liverpool L3 9AG

01753 377181 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference LeicesterFlat32. 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 Opulent, Liverpool. 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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