1 bedroom apartment

The Coneries, Loughborough, Leicestershire, LE11 1DZ

Size: 52 sqm

Purchase price

£118,000

Size: 52 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,150
Ground rent £200
Service charge £500
Net income £6,450
Gross yield 6.06%
Net yield 5.47%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located just 20 minutes from Leicester city centre.

This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed windows; fully fitted kitchen with all appliances included; double bedroom with double glazed window; three piece family bathroom with shower over bath. The apartment is located on the first floor.

With a £23 million pound regeneration scheme in Leicester being given the green light, this makes it the perfect time to be investing. The average price for property in LE11 1DZ stood at £256,024 in July 2021. This is a rise of 1.91% in the last three months (since April 2021) and rise of 8.76% since 12 months ago (Zoopla).

Current projects include the redevelopment of the former city council premises at Pilot House in King Street that will aid the growth of creative businesses, bringing the cluster of heritage buildings back into use as part of a wider regeneration scheme. The scheme will cost about £11m, and will create around 250 skilled jobs.

A £21million project that could create around 400 new jobs is proposed for three related projects in and around Pioneer Park and Exploration Drive, near the National Space Centre. The area is already home to the innovative Dock workspaces for high-tech industries, and three linked elements would see more Dock-style buildings and high-quality manufacturing spaces created.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located just 20 minutes from Leicester city centre.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

One bedroom apartment

Key features

First floor

Key features

Fitted kitchen

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

20 minutes to Leicester city centre

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located just 20 minutes from Leicester city centre. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located just 20 minutes from Leicester city centre.

This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed windows; fully fitted kitchen with all appliances included; double bedroom with double glazed window; three piece family bathroom with shower over bath. The apartment is located on the first floor.

With a £23 million pound regeneration scheme in Leicester being given the green light, this makes it the perfect time to be investing. The average price for property in LE11 1DZ stood at £256,024 in July 2021. This is a rise of 1.91% in the last three months (since April 2021) and rise of 8.76% since 12 months ago (Zoopla).

Current projects include the redevelopment of the former city council premises at Pilot House in King Street that will aid the growth of creative businesses, bringing the cluster of heritage buildings back into use as part of a wider regeneration scheme. The scheme will cost about £11m, and will create around 250 skilled jobs.

A £21million project that could create around 400 new jobs is proposed for three related projects in and around Pioneer Park and Exploration Drive, near the National Space Centre. The area is already home to the innovative Dock workspaces for high-tech industries, and three linked elements would see more Dock-style buildings and high-quality manufacturing spaces created.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop One bedroom apartment
    Tick Desktop First floor
    Tick Desktop Fitted kitchen
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop 20 minutes to Leicester city centre
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £7,150
Ground rent £200
Service charge £500
Net income £6,450
Gross yield 6.06%
Net yield 5.47%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.