yieldit are pleased to bring to the market this well-presented ground floor apartment located in the popular Watergate Court development. Being sold with a tenant in situ until 2023, it will make the perfect addition to an investor’s portfolio, yielding an excellent 5.89% NET. The property consists of entrance hallway; two double bedrooms; open plan living area; fully-fitted kitchen and family bathroom with three-piece suite and enclosed shower. The development benefits from a secure communal entrance, intercom access, regularly cleaned and maintained communal areas and allocated parking is available for residents.

Watergate Court is situated in the Braunstone Town area of Leicester, which in 2021 was named the safest small town in the whole of 230 of Leicestershire’s towns, villages and cities. Braunstone is well regarded for it’s convenience, in the immediate vicinity there are a range of amenities and shops such as those which can be found at Fosse Park Shopping Centre, one of Britain’s biggest out-of-town shopping parks. Further afield Leicester’s city centre can be reached in as little as 15 minutes by car or 30 minutes by bus so it’s great for commuters and those wanting to make the most of everything the bustling city has to offer.

Leicester is one of the best-connected areas in the UK, has the largest economy in 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 an unrivalled choice for property investment, so don’t miss out and enquire today!