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Gateway Street, LEICESTER Studio for sale
Gateway Street, LEICESTER
£70,000
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 offers a lucrative investment opportunity with a 12.5% NET yield, making it an attractive option for those looking to generate passive income. The property's proximity to De Montfort University and the University of Leicester, as well as its close distance to Leicester Royal Infirmary and the city center, make it a convenient choice for students. The apartment's 250-year leasehold ensures a lasting investment, and the current tenancy agreement runs from September 2024 to July 2025, with a total rent due of £8,565. Leicester itself is a vibrant city with a thriving live music scene, diverse nightlife, and a rich blend of culture, history, and green spaces, making it an ideal destination for students seeking a dynamic and diverse academic experience.