Gateway Street, LEICESTER Studio for sale

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Gateway Street, LEICESTER Studio for sale

Gateway Street, LEICESTER
£70,000

Price History

Initial price £75,000
07/06/24 £68,000
30/01/25 £75,000
22/03/25 £70,000
Price Change -6.67%

Description

This studio apartment in Leicester presents a lucrative investment opportunity with a 12.5% NET yield. Located near De Montfort University and the University of Leicester, the property benefits from a 250-year leasehold and proximity to the city center, Leicester Royal Infirmary, and public transportation. The vibrant city life, characterized by a thriving music scene and diverse nightlife, makes it an attractive destination for students. With its multicultural atmosphere, rich history, and green spaces, Leicester offers a unique academic experience. The property is available for a 10-month tenancy starting September 2024, with a total rent of £8,565 due for the period.