Flat for sale in Chatham Street, Leicester LE1

£150,000
Interested in this property? Call +44 161 506 6169 * or Request Details

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Flat for sale - 1 bedroom

1 1 1 EPC Rating: B EPC Rating: B

Tenure:
Leasehold
Time remaining on lease:
245 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Utilities and more details

Property features

  • Invest in this ultra modern apartment
  • Excellent rental yield just under 7% net
  • Incredibly well placed development
  • One bedroom apartment
  • High quality fixtured and fittings
  • Floor to ceiling windows
  • Sought after development
  • Lift access, concierge and CCTV
  • In the heart of Leicester city centre
  • Investment hot spot

Property description

Aria Apartments, 42 Chatham Street Leicester Le1 6Ay

Yieldit are pleased to offer to the market an ideal investment opportunity in the ultra-modern and centrally located Aria development. Aria is a sought-after development which was newly built in 2018 providing first class accommodation with lift access to all floors, concierge service, CCTV throughout all communal areas and secure video entry system.

Internally this stunning apartment consists of entrance hallway, open plan living area featuring contemporary kitchen, double bedroom with fitted wardrobes and a luxury bathroom. This property is perfect premium accommodation for working professionals of the city along with students of both De Montfort and Leicester Universities and employees of Leicester Royal Infirmary – all of which are located just 1 mile from the development.

The Aria development sits in the heart of Leicester city centre, with boutique shopping and dining and plenty of social and cultural activities to choose from. Leicester railway station is less than a 10-minute stroll and is a major stop on train services to and from Nottingham, Birmingham, Derby, Lincoln, Cambridge and London, with services to St Pancras in just over an hour.

Leicester is the UK’s eight largest city with a population of more than 500,000 people. It is one of the best-connected areas in the UK and boasts the largest economy of the East Midlands and is currently a growth hotspot thanks to several multi-million-pound developments which have transformed it over the recent few years, with the city’s business growth now higher than the national average. In addition to this, the £250 million pound Leicester Waterside development is expected to create 455 new jobs, provide new commercial workspace, a 252 bed hotel and produce £80million of follow on investment. It's needless to say that Leicester is a promising choice for property investment, so don’t miss out and enquire today!

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £13,140.00
Net income: £11,624.36
Gross yield: 8.76%
Net yield: 7.75%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07396

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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