Postgraduate Studio Resale Apartment
Leicester, Leicestershire
£70,000

Net
Gross
Finance

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We have a fantastic opportunity to purchase a resale studio student apartment.

Completed in 2015, Primus Place is a development of postgraduate apartments, ideally located close to the universities and the student village of the city of Leicester.

Every apartment in the development has had a 100% occupancy rate since completion and this is a fully managed, hands-off opportunity, making it a safe and simple investment that can be left alone to generate income. Primus Place is the perfect solution for postgraduate students looking for independent living in a student environment.

This development clearly differentiates from the traditional, high-maintenance cluster undergraduate student accommodation, which requires a higher proportion of common and access areas, and therefore is less income-producing. Primus Place boasts 140 larger than average, high quality, self-contained studio apartments specifically designed to meet the needs of the postgraduate student market.

Location

 

Leicester

Located in the East Midlands, Leicester is the tenth largest city in the UK and has a total student population of 41,360, 13% of the citys overall population. The city is home to two world-renowned universities, the University of Leicester and De Montfort University. 9,800 students in the city are postgraduates.

With the continuous rise of the two universities in Leicester and a growing amount of postgraduate and overseas students, the city has become a place of opportunity for developers and investors alike.




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Risk Warning and Disclaimer:

The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.