No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£82,449
Added > 14 days

Studio for sale

at Opulent Investments, Unit 10 , Clarence Street LE1
New build
Save
Studio
0 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • 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

Places of interest

    Request details
    At Opulent, we believe there is better way to invest in to property. A more secure, transparent and rewarding way, where customers are earned rather than bought. We are obsessively passionate about it and dedicated to helping our investors achieve this. The owners of Opulent created the company with this thought very much instilled within their DNA. Too many times they had come across poorly researched property investments, developers who were more interested in lining their pockets rather than creating wealth for investors, and incidents where investors have been misled or defrauded. So in 2014 we decided to embark on putting this right! Opulent was born! Here at Opulent we work with developers right from the stage of conception and help shape property investment opportunities to meet the increasing demands of modern day investors. Our goal is to create wealth and long term financial security for our investors and do so in a transparent and ethical manner by providing investors with well researched property investment opportunities built by developers who deliver and have unblemished track records. With Opulent the buck stops here. We understand the investor of today is busy, which is why create opportunities that are fully managed, turnkey and require very minimal input from the investor. Our aftersales team will help guide investors through their property investment purchases and take on the majority of the administration burden that comes with it. Whether it be the tedious paperwork with solicitors, furnishing the property or even renting it out, we help you do it all. If you are somebody looking to fund your retirement, trying to create a nest egg to put your children through University or even an experienced property investor looking to expand or contract their portfolio, get in touch with us to see how we can make property investment more enjoyable and more rewarding.

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    *DISCLAIMER

    Property reference 7IkG5ZPBglg. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Opulent Investments - Opulent Investments.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.