Spacious student studio apartment for sale in the hugely popular Primus Edge development in Leicester city centre. This property offers investors the opportunity to purchase a tenanted, hands free student investment which currently generates 7.6% net rental yield per year (£6,074.44 per annum).
Investment Highlights
Tenanted studio available from just £80,000
Generating a NET yield of 7.6%
Tenanted at £177 per week for 51 weeks
Perfectly located
Bike storage and secure door entry
Laundry room and communal lounges
Travel to both major universities in 15 minute or under
250-year leasehold
Primus Edge - Location Overview
Primus Place and Edge Apartments is probably the best located student accommodation in Leicester. It’s a matter of metres from De Montfort University and around 15 minutes’ walk from the University of Leicester. If you’re studying medicine, Leicester Royal Infirmary is also just a minute’s walk away. There’s the practical stuff like supermarkets, cash machines and bus stops just moments from Primus Place and Edge Apartments. And the city’s cosmopolitan night-time scene is also within easy reach.
Leicester is fast becoming the student destination of choice within the UK thanks to its two leading universities, a busy city centre, fantastic green spaces, a thriving live music scene and a great nightlife. Culture and history are to be found in abundance in this great city in the heart of the country. With the universities attracting students from over a hundred nationalities, Leicester is truly a multicultural and diverse city to rival the very best.
Payment Plan
1. Provide certified ID, proof of address and proof of funds to Pure Investor
2. Reserve your unit with a signed reservation form
3. Pay a £2,000 non-refundable reservation fee
4. Instruct solicitor
5. Remaining balance due on completion