Studio flat for sale

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Studio flat for sale

Gateway Street, Leicester, Leicestershire, LE2
£59,995

Price History

Initial price £60,200
10/09/25 £59,995
Price Change -0.34%

Description

This spacious student studio apartment is available for sale in the popular Primus Place student development in Leicester city centre. The property is currently tenanted and fully managed, generating a net rental yield of 8.53% per annum, with a gross rental income of £8,460 per annum. The studio is located just 2 minutes' walk from the university campus and offers a range of amenities, including bike storage, secure door entry, laundry room, and communal lounges. The property is a 250-year leasehold and is being sold for £59,995. The current tenancy agreement runs until 2026, with a weekly rent of £188. The apartment is managed by StudentFM, a leading student property management provider, which takes care of all aspects of the property, including tenancy and rental payments. With its prime location, excellent amenities, and strong rental yield, this property is an attractive investment opportunity for those looking to generate a steady income.