1 bedroom flat for sale

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1 bedroom flat for sale

56 Gateway Street, Leicester, LE2
£60,000

Price History

Initial price £69,000
09/09/24 £65,000
18/11/24 £60,000
06/05/25 £65,000
07/05/25 £60,000
Price Change -13.04%

Description

The PropertyPrimus Edge is a student-only apartment block located near De Montfort University, Leicester City Centre, and the train station, making it an ideal investment opportunity for a buy-to-let property. The property, situated on the first floor, comprises a single room with a double bed, built-in furniture, kitchenette, and en-suite shower room. The lease is for 250 years from 2015, with a yearly ground rent charge of £250 and a service charge that fluctuates depending on the cost of repairs and maintenance. The property can only be rented out to students, and the owner is not allowed to occupy the unit. With a current annual service charge of approximately £1,940.31, this property presents a unique investment opportunity for those looking to capitalize on the student market in Leicester.