>
Studio flat 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 presents an attractive investment opportunity, offering a 12.5% NET yield and a 250-year leasehold. Located close to De Montfort University (DMU) and the University of Leicester, the property benefits from its proximity to higher education institutions. The apartment is situated in a vibrant city with a thriving live music scene, diverse nightlife, and a rich blend of culture, history, and green spaces. The city's accessibility to the city center, Leicester Royal Infirmary, and its multicultural atmosphere make it an ideal destination for students from various nationalities. With a tenancy agreement in place from September 2024 to July 2025, the total rent due for this period is £8,565.00, providing a steady income stream for investors.