Rob Weaver’s View: Burns Street, Leicester

Rob Weaver’s View: Burns Street, Leicester

Robert Weaver is our Director of Property, and one of the UK’s top property experts. In this video he shares his view on Burns Street, Leicester – and why the Property Team has chosen this investment opportunity.

Property
• The property comprises a modern rectangular student block which is part conversion, mainly new build and sits on a gently sloping site
• The property is accessed via the main entrance on Burns Street and there is a private car park at the rear of the property for 14 vehicles as well as cycle storage
• The property is arranged over four floors with 55 flats (forty seven x self-contained studios; two x 2 bedrooms; five x 3 bedrooms; one x 4 bedrooms) providing in total 70 bed spaces
• During the latest academic year, PBSA in Leicester saw rental growth of 2.05% (Knight Frank)

Location
• Located in the East Midlands, Leicester is the tenth largest city in the UK and within easy access of the M1, and just 1 hour via train to London St Pancras
• Leicester is home to 2 large Universities. The University of Leicester has 17,825 students, and De Montfort University has 20,905 students and they are ranked 30th and 82nd respectively in The Complete University Guide 2018
• The property is located in the residential area of West Knighton within Leicester’s City Centre, only 0.75 miles from the University of Leicester and 1.33 miles from De Montfort University
• There are a number of local shops and restaurants, as well as Aylestone Leisure Centre within close proximity to the property

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