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 an attractive 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 is close to Leicester Royal Infirmary and the city center. The apartment's proximity to the universities and city amenities makes it an ideal destination for students, who can enjoy the city's vibrant music scene, diverse nightlife, and multicultural atmosphere. With a tenancy agreement in place from September 2024 to July 2025, the total rent due for this period is £8,565, providing a steady income stream for investors.