1 BED APARTMENTS FROM £193,000
2 BED APARTMENTS FROM £249,000
YIELDS: 8% RENT ASSURANCE FOR
10 YEARS (OPTIONAL)
PAYMENT PLAN: 5% RESERVATION FEE
25% EXCHANGE OF CONTRACTS (28 DAYS)
UK INVESTMENT PROPERTY OVERVIEW
Just a short distance north of Leicester’s central shopping district, the A50 (Northgate Street) crosses the Grand Union Canal close to where it merges with the River Soar. Here, on the site of a former retail building, the city will witness the construction of one of its newest and most impressive residential buildings.
Northgate, set beside the Grand Union Canal will be a striking, six storey development, ideally suited to the needs of modern workers. Besides its stylish, wellequipped apartments, the property will also boast an entrance lobby, a secure access system and rooftop garden terrace.
PROPERTY DETAILS
- COMPLETION DATE: Q1, 2023
- TENURE: 250 Year Leasehold
- BUILDING WARRANTY: 10 Year CML approved warranty provided by Buildzone www.build-zone.com
- GROUND RENT: Zero
- SERVICE CHARGE: EST £3.00 sqft.
UK PROPERTY FOR INVESTMENT: LEICESTER
28.8% 5 Year
groth
forecast
Savil (Between 2021 -2025)
16.5% RISE IN
RENTS SINCE
MAY 2020
28.8% 5 Year
groth
forecast
Leicester is one of the most attractive residential investment markets in the UK, benefiting from excellent transport links, a host of major employers, top-tier educational institutions, a desirable and lively social scene.
Leicester has a sizable student population, owing to its two world- class Universities,. This creates a strong market for student accommodation investments. Short-term let units are also well- supported with Leicester’s close proximity to the foothills of the peak district.
Regeneration projects worth over £2 billion have transformed the city centre by improving connectivity and high-quality public realm improvements. and significant public and private investment in the region.
WHY INVEST IN LEICESTER?
Average house price growth +9.0% year-on-year 4.
Average rental growth (Region) +6.3% year-on-year 5.
Average yields (central postcodes) +3.8% to +6.0%.
