Summary - Primus Atkins Street, Leicester LE2 7DN
1 bed 1 bath Studio
High-yield, low-management investment close to university and hospital.
Offered to cash buyers only
A compact, city-centre studio in the Primus Atkins Street building, offered specifically to cash purchasers and currently let to the student market. The flat is a self-contained studio with built-in storage, a fitted kitchenette and a tiled shower room, delivering straightforward, low-management student accommodation.
The building provides communal facilities including laundry and concierge, and its central location places De Montfort University, Leicester Royal Infirmary and city-centre amenities within easy walking distance — strong drivers for sustained lettings and the advertised 10.1% gross yield (approx. £7,000pa).
Practicalities: the property is leasehold with 239 years remaining, an annual service charge of £1,980.92 and ground rent of £243. Parking is on-street only. Purchasers should note this is marketed to cash buyers and is for student/key worker accommodation, which restricts some occupier types but suits investors seeking predictable rental income.
Overall, this is a pragmatic investment for buyers prioritising yield and location over living space. The small floor area and studio layout suit letting portfolios and hands-off ownership, but buyers should factor in service charges, tenancy status and the cash-only requirement before viewing.
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