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£80,000Offers over

Studio for sale

Primus Place, 52 Gateway Street, Leicester, LE2

Email agent
Email agent
0 bedroom
1 bathroom

Property features

  • Tenure: Leasehold
  • Concierge
  • Fully Furnished
  • Luxury Studio Apartment
  • Sold with Tenant in Situ
  • Communal Social Areas
  • Luxury Secure Development
  • Gross Yield - 10%

Property description

Cherish Property are delighted to bring to the market a luxury, furnished studio apartment in the sought after student development, Primus Edge in the heart of Leicester. Sold with tenant in situ.

Rental Income current & 21/22 Academic Year: £8,580
Service Charge: Approx. £1568 per annum
Ground Rent: £250 per annum
Student Facility Management Fee (4%): £329.20

Representing a Gross Yield of 10% and Net Yield of 7.6%

Leasehold: 125 years

Primus Edge was built in 2016 and student accommodation to the next level, offering all mod-cons as standard to make your living experience like a home from home. These high-spec, luxurious studio apartments come fully fitted with everything you need, from high-speed broadband to comfortable and cosy beds.

In brief the studio includes open plan living space / bedroom providing ample space for a sofa, coffee table, double bed and desk. Fitted kitchen with all appliances and separate bathroom. The property comes furnished throughout.

Contact Cherish Property for further information / to arrange a viewing appointment.

48 hours notice required prior to viewing appointments. Appointments can be scheduled from 10.00am - 4.00pm Monday to Friday.

    Cherish Property - Manchester

    2nd Floor, 1 City Road East Manchester M15 4PN

    Cherish Property are an independent ‘hybrid’ estate agent specialising in sales, lettings and property management. We combine technology with tradition and offer our clients a wide range of services, tailored to suit their individual needs. With over 50 years of industry experience, Cherish Property are members of both ARLA and The Property Ombudsman, so you can rest assured that you are dealing with a responsible, professional, regulated agency that prides itself in delivering an outstanding service. Unlike some traditional estate agents, we can keep our fees fixed and completely transparent, regardless of the value of your property. We can work on a no sale or let, no fee basis, ensuring our emphasis is not simply securing your valued instruction, but on selling it for the very best price achievable on the market. With over 90% of people searching for their properties online, we take great care in preparing your property’s particulars; not only to ensure complete accuracy, but because we know that advertising your property online is one of the most effective sales tools currently available. Cherish Property offer a complete start to finish service: from the original valuation, online advertising, organising solicitors, providing independent financial advice*, carrying out the required certification, furnishings and full-service property management, we aim to deliver as much, or as little, as you need.

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    Property reference 895. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cherish Property - Manchester. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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