Floorplan
MapStudio for sale
Key information
Features and description
- Prices from £57,900
- 7% income assured for 5 years
- Investor friendly payment plan
- £5000 reservation fee
- 30% Instalment in June 2018
- 47 studios, 1,2 and 3 bed apartments
- 3% Interest on all deposited funds
- 250 years leasehold
- 40% deposit on exchange
- 30% balance on completion
#47 is a fantastic opportunity to invest in a quality development in a major UK city, Leicester. Take advantage of a market which is structurally undersupplied, where demand is high and rents are rising. This is one of the safest, affordable investment opportunities available, in an excellent location and belonging to an asset class that has out-performed all others for at least 5 years.
Spread over a brand new 7 storey building, each studio and flat will be completely self-contained, with private kitchens, bathrooms, and will be fully furnished/finished to an extremely high standard. They even each have their own balcony! "#47" will offer residents superior communal facilities, including a ground floor reception, laundry room, roof terraces, cycle parking, a fitness room, a communal lounge/games room and a garden/recreation area! The development will also feature high quality finishes and energy efficient technology, ensuring the ultimate experience in contemporary living for discerning residents and long-term sustainability.
Set for completion in Q4 2018, investors here can benefit from a developer with an impeccable track record and healthy returns assured for a period of 5 years at 7% Net. The only fee to pay is ground rent which is £500 per annum.
Service charges and management fees are covered for within the first five years and will be circa £1250 per annum thereafter.
There is a distinct shortfall of beds for students in Leicester and so one can only feel that a new project of this calibre will satisfy the ever-increasing market demand amongst students in Leicester.
Investment Highlights:
Prices from £57,900
47 studios, 1,2 and 3 bed apartments
7% income assured for 5 years
3% Interest on all deposited funds
Investor friendly payment plan
250 years leasehold
Payment Plan:
£5000 reservation fee
40% deposit on exchange
30% Instalment in June 2018
30% balance on completion
About this developer
