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Primus Edge

Leicester, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Studio 96

£80,000.00

  • Earn 7.6% NET rental yield
  • Estimated net rental - £6,074.77
  • Hugely popular with students in Leicester
  • Less than 5 mins walk to university
  • Fully managed and hands free
Purchase Process

Financials - Studio 96 Primus Edge

  • Price - £80,000
  • Tenanted until 30th Aug 2024 (51 weeks) at £177 p/w
  • Gross rental - £9,027 per annum
  • Service charge - £1,693.77 per annum
  • Management fee - 9% (plus VAT) per annum
  • Ground rent - £283.54 per annum
  • NET rental - £6,074.77 per annum
  • NET Yield - 7.6%

Primus Edge - Overview

Spacious student studio apartment for sale in the hugely popular Primus Edge development in Leicester city centre. This property offers investors the opportunity to purchase a tenanted, hands free student investment which currently generates 7.6% net rental yield per year (£6,074.44 per annum).

Investment Highlights
Tenanted studio available from just £80,000
Generating a NET yield of 7.6%
Tenanted at £177 per week for 51 weeks 
Perfectly located
Bike storage and secure door entry
Laundry room and communal lounges
Travel to both major universities in 15 minute or under
250-year leasehold

Primus Edge - Location Overview
Primus Place and Edge Apartments is probably the best located student accommodation in Leicester. It’s a matter of metres from De Montfort University and around 15 minutes’ walk from the University of Leicester. If you’re studying medicine, Leicester Royal Infirmary is also just a minute’s walk away. There’s the practical stuff like supermarkets, cash machines and bus stops just moments from Primus Place and Edge Apartments. And the city’s cosmopolitan night-time scene is also within easy reach.
Leicester is fast becoming the student destination of choice within the UK thanks to its two leading universities, a busy city centre, fantastic green spaces, a thriving live music scene and a great nightlife. Culture and history are to be found in abundance in this great city in the heart of the country. With the universities attracting students from over a hundred nationalities, Leicester is truly a multicultural and diverse city to rival the very best.

Payment Plan
1. Provide certified ID, proof of address and proof of funds to Pure Investor
2. Reserve your unit with a signed reservation form
3. Pay a £2,000 non-refundable reservation fee
4. Instruct solicitor
5. Remaining balance due on completion

Primus Edge - Key Points

Location

Location

Leicester, United Kingdom

Bedrooms

Bedrooms

1 bedroom

Price

Price

£80,000.00

Rental Yield

Rental Yield

Net rental income of 7.6%

Video - Primus Edge

Development Availability

PropertySizeBedroomsPriceEnquire
Studio 96-1£80,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
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