According to the ‘Good Growth for Cities Index’, which factors in many economic welfare indicators, Leicester ranks 14th among 50 UK cities. As a result, the city is among the best real estate investment cities in the country in terms of gross rental income and appreciation.
With a minimum of 10% off market prices and an optional assured rental yield of up to 8% for 10 years, this is a fantastic opportunity for investors. Modern, high-spec, one and two-bedroom apartments are available. Prices start at £193,000.
Our luxurious Leicester apartments offer an ultra-modern specification, complete with energy-saving heat pumps and efficient insulation
Fitted out with sleek modern appliances and built to the latest standards for energy efficiency, all apartments will have a chic, contemporary feel, ideally suited to the demands of discerning buyers and tenants.
Open plan designs and light, neutral colours help to keep interiors bright and airy, while useful extras such as instant hot water and streaming TV services add elements of luxury and convenience. The property will also boast an entrance lobby, a secure access system and a rooftop garden terrace.
Our development stands on the A50, Northgate Street. This leads northwest from the city centre, out towards the outer ring-road (Leicester Western Bypass) and beyond to the M1. It therefore affords easy access to neighbouring towns and cities, but it’s for Leicester’s own attractions that the property is especially well placed. Less than 500m from the property, the city’s retail district begins. Rising above Vaughan Way are all manner of sleek modern buildings – everything from casinos and flagship hotels to towering retail outlets. When it comes to local amenities, residents and visitors are spoiled for choice. Facilities include a cinema, a gym, countless restaurants and pavements cafes, museums, a climbing wall and even a conference centre. There are plenty of green spaces within a 2km radius of the development, including scenic parks, allotments, sports clubs and recreation grounds.
Leicester is ranked in the top 15 Good Growth for Cities Report by Demos and PwC, scoring particularly well on measures such as jobs, income, health, safety and work-life balance. The report ranks Leicester higher than any other city in the East Midlands, and ahead of other popular locations such as Manchester, Birmingham and London.
Leicester and Leicestershire Economic Partnership (LLEP) writes that the area “has undergone a transformation over the past decade – into an innovative, technology-led and knowledge-driven economy.” Leicester is also home to two universities, and Loughborough University lies just 15km to the north.
It’s a market in which demand for homes greatly exceeds supply, and that gulf is steadily widening. Quality, modern apartments are highly sought-after, especially when they also afford easy access to the city centre and key employment sites.
Combining style, convenience and valuable energy-saving features such as heat pumps, this development will prove extremely popular amongst homebuyers, AST tenants and a variety of short-stay visitors. As a result, investors can expect excellent rental returns and strong capital growth.
This combination of quality, convenience and exceptional facilities is in short supply across Leicester. Investors are therefore urged to act quickly to take advantage of pre-launch prices while they last.