Studio flat for sale

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Studio flat for sale

Gateway Street, LEICESTER
£70,000

Our Summary

  • Situated in Leicester, this studio apartment stands out as an intriguing investment opportunity

Description

This studio apartment in Leicester presents an attractive investment opportunity, boasting a 12.5% NET yield and a 250-year leasehold. The property's proximity to De Montfort University (DMU) and the University of Leicester makes it an ideal location for students, who can take advantage of the city's vibrant live music scene, diverse nightlife, and convenient access to the city center and Leicester Royal Infirmary. With a tenancy agreement in place from September 2024 to July 2025, the total rent due for this period is £8,565. Overall, this property offers a lasting investment opportunity in a multicultural city that attracts students from around the world.