1 Bedroom Apartment

42 Chatham Street, 
Leicester, 
LE1 6AY
Purchase price
£150,000
  • Tenanted
ATTENTION INVESTORS - EXCELLENT INVESTMENT YIELDING JUST UNDER 7% NET! Incredibly well located and modern one bedroom apartment within a sought after development. Enquire today to avoid disappointment.
  • Financial Performance*
Gross rent
£12,000
Ground rent
£159
Service charge
£1,357
Net income
£10,484
Gross yield
8.0%
Net yield
6.99%
  • Key Features
  • Invest in this ultra modern apartment
  • Excellent rental yield just under 7% NET
  • Incredibly well placed development
  • One bedroom apartment
  • High quality fixtured and fittings
  • Floor to ceiling windows
  • Sought after development
  • Lift access, concierge and CCTV
  • In the heart of Leicester city centre
  • Investment hot spot

yieldit are pleased to offer to the market an ideal investment opportunity in the ultra-modern and centrally located Aria development. Aria is a sought-after development which was newly built in 2018 providing first class accommodation with lift access to all floors, concierge service, CCTV throughout all communal areas and secure video entry system.

Internally this stunning apartment consists of entrance hallway, open plan living area featuring contemporary kitchen, double bedroom with fitted wardrobes and a luxury bathroom. This property is perfect premium accommodation for working professionals of the city along with students of both De Montfort and Leicester Universities and employees of Leicester Royal Infirmary – all of which are located just 1 mile from the development.

The Aria development sits in the heart of Leicester city centre, with boutique shopping and dining and plenty of social and cultural activities to choose from. Leicester railway station is less than a 10-minute stroll and is a major stop on train services to and from Nottingham, Birmingham, Derby, Lincoln, Cambridge and London, with services to St Pancras in just over an hour.

Leicester is the UK’s eight largest city with a population of more than 500,000 people. It is one of the best-connected areas in the UK and boasts the largest economy of 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 a promising choice for property investment, so don’t miss out and enquire today!

  • Financial Performance *
Gross rent
£12,000
Ground rent
£159
Service charge
£1,357
Net income
£10,484
Gross yield
8.0%
Net yield
6.99%
*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.
  • Location
  • EPC
Energy Performance Rating