Studio for sale in Clarence Street, Leicester LE1

From £59,900 (£271/sq. ft)
1 1 221 sq. ft*
Interested in this property? Call +44 121 721 9965 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Communal garden
  • Balcony
  • Central heating
  • Double glazing
  • Great central location
  • Well connected - 1 Hour from London
  • Fully managed
  • Secured Income | Proven Returns
  • Games room | Bicycle storage | Gym | Laundry room | Reception area

Property description

#47 offers a fantastic investment opportunity with a successful developer.
Take advantage of a market which is structurally under supplied, 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 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 roof terrance! "#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 £59,900
• 36 Studio apartments
• 7% income assured for 5 years
• 3% Interest on all deposited funds
• 250 years leasehold

• £5000 reservation fee
• 40% deposit on exchange
• 30% Instalment in June 2018
• 30% balance on completion
Floorplan(s): Floorplan 1

View original

Nearby transport

  • Leicester (0.4 miles)
  • South Wigston (3.8 miles)
  • Syston (4.4 miles)
  • East Midlands Airport (15.8 miles)
  • Coventry Airport (23.7 miles)
  • Birmingham International Airport (28.9 miles)
  • West Lynn Ferry Landing (64.2 miles)
  • King's Lynn Ferry Landing (64.3 miles)
  • Hull Ferry Terminal (84.4 miles)

Nearby schools

View all schools in Leicester
  • Taylor Road Primary School (0.5 miles)
  • Charnwood Primary School (0.6 miles)
  • Sparkenhoe Community Primary School (0.6 miles)
  • Regent College (0.8 miles)
  • Leicester College co Freemen's Park Campus (1.0 mile)
  • Wyggeston and Queen Elizabeth I College (1.3 miles)
  • Al-Ihsaan Community College (0.3 miles)
  • Leicester International School (0.5 miles)
  • Moat Community College (0.5 miles)
Note: Distance is shown as a straight line measurement

Local info for Leicester

About the neighbours in LE1

* Sizes listed are approximate. Please contact the agent to confirm actual size.

For more information about this property, please contact
Golden Properties, LE14 on +44 121 721 9965 * (local rate)

Contact Golden Properties about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Golden Properties, and do not constitute property particulars. Please contact Golden Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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