#47 is a new purpose-built student accommodation development, providing luxury studio apartments for students living in Leicester.
7% NET return for 5 years
Units from £60,000
47 units: 36 studios, 9 one bedrooms, 1 2-bedroom, and 1 3-bedroom apartments
Leasehold: 250 years
Completion: Q4 2019
Central Leicester location
20 minutes from De Montfort University
Facilities include Bicycle storage and Roof Terrace
Flourishing transportation links
#47 is a superb student development to cater to the 50,000 student population of Leicester. Consisting of 47 studios, one-bedroom apartments, two-bedroom apartments, and three-bedroom apartments, units are selling from £60,000, offering a healthy 7% NET return for 5 years.
An investment in a thriving student city, #47, boasting 7% NET return for 5 years, is an excellent investment opportunity in central Leicester, only 20 minutes from De Montfort University. Comprising of 47 student apartments, mixing studios, one-bedroom apartments, two-bedroom apartments and three-bedroom apartments, the large living spaces will be in high demand for the ever-growing student population drawn to the top-notch education and diverse community. To complement the luxury apartments, this property's facilities extend to a games room, laundry services, roof terraces, bicycle storage and more.
In close proximity to Leicester's attractions including Haymarket Shopping Centre and Jewry Wall Museum, #47 is a truly genius opportunity to invest in the educational pursuits of Leicester. With key transport links across the city and across the country, #47 is a fantastic chance to gain a steady passive income.
Reservation fee: £5000
Exchange: 40% (30 days)
Installment: 30% (paid within 3 months)
#47 offers a 7% NET return for 5 years with a 250-year leasehold.
See table below for an example of the amount of returns you could earn from this investment:
With a rise in under 25's pursuing tertiary qualifications, the student population is rapidly growing, with 50,000 students choosing Leicester. Leicester has long held a title as a student city for its sizzling social scene, booming retail industry, and its state-of-the-art education. De Montfort University has earned Gold in the Teaching Excellence Framework whilst the University of Leicester groundbreaking research including DNA fingerprinting has changed the world.
In an ever-growing population, the need for degrees is currently higher than other time in history to survive in the UK. To go hand in hand with this, student accommodation demands have risen with over 40% of student's International students from China and Nigeria.
Leicester stands as a fantastic city to invest in. Hometrack City House Price Index recognised that Leicester is the best UK city for property investment, boasting an annual property yield of 7.7%. Leicester's regeneration can answer for a great portion of this, since the city enjoyed £47 million development plans for the city centre, featuring housing, hotels and a public realm area called as Great Central Square.
For further details call (0)20 8445 6542 or email firstname.lastname@example.org.
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