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Room for sale in Leicestershire

Room
Minimum Investment: £59,900
Date Added: 26/10/2017
Advertiser: Sand Royale
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PropertyID: 29218543
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Pricing Information

£ GBP € EUR $ USD
Room £59,900 €68,813 $77,731

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Key Investment Features

  • Purchase a unit from £59900
  • 7% rental income for 5 years
  • City centre location near 2 universities
  • 3% interest paid on deposit
  • Completion Q4 2018

What the Advertiser says about this investment:

Invest in a city with an undeniable demand for student property with #47, Leicester's new, luxury purpose-built development.

 

The UK city is home to two universities, the University of Leicester and DeMontfort University, educating amost 40,000 students combined. With more money being invested in the universities, demand for quality accommodation is high and expected to continue growing. There are now 6.4 students for every dedicated room within the city centre, providing an excellent opportunity to capitalise on strong occupancy rates and earn high rental yields.

 

#47 is perfectly positioned as an entry into Leicester's buzzing student market. The property consists of 47 luxury units separated over seven floors. Each studio will be completely self-contained and the development will also offer superior communal facilities, such as a fitness room, communal lounge / games room and a garden / recreational area.

 

Units in #47 start from just £59,900 and the developer is offering a five-year rental guarantee of 7%. The property is expected to complete in Q4 2088, with 3% interest paid on deposits.

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