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Gateway Street, LEICESTER Studio for sale
Gateway Street, LEICESTER
£70,000
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 offers a lucrative investment opportunity with a 12.5% NET yield. Located near De Montfort University (DMU) and the University of Leicester, the property's proximity to educational institutions is a major draw. With a 250-year leasehold, the residence provides a long-term investment solution. The city of Leicester is known for its vibrant student life, diverse nightlife, and cultural attractions, making it an attractive destination for students. The property's convenient location near Leicester Royal Infirmary and the city center adds to its appeal, offering easy access to amenities and green spaces. 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 solid return on investment.