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The Vera Mitchell Building

Leicester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q2 2025

One Bedroom Apartment

£194,000.00

  • Invest From Only £194,000
  • Estimated Yields Of Up To 15%
  • Discounted Off Plan Prices Available
  • Short Term Lets Approved
  • 999-year leasehold (£0 ground rent)
  • 10-year build warranty
Purchase Process

Investment Highlights

  • Invest from as little as £194,000
  • Estimated rental yields of up to 15% on a short-term let model
  • Discounted off-plan prices available
  • Just a short walk from major employers and the city centre
  • Fully managed investment options, including rental management
  • Excellent amenities including private rooftop terrace
  • Experienced developer in place with a history of delivering high-end projects
  • 999-year leasehold (£0 ground rent) 
  • 10-year build warranty 

Investment Breakdown

  • Leasehold: 999 years
  • Ground Rent: N/A
  • Service Charge: N/A
  • 10 Year Build Warranty
  • Estimated Completion Due Q2 2025

Market Key Facts

  • Leicester's economy currently stands at £24.5 Billion GVA but is forecasted to be over £30.2 Billion by 2030 due to huge job creation
  • Subsequently, population growth is expected to grow by 10% in the same period
  • By 2050, local planners anticipate the need to accommodate approximately 187,000 new households
  • Leicester is home to 3 large universities creating graduate talent in multiple sectors
  • Leicester property prices are predicted to increased by 26.2% higher than the National forecast of 21.6%

The Vera Mitchell Building - Overview

Pure Investor are delighted to present The Vera Mitchell Building, a stunning new development consisting of a range of one bedroom and studio apartments, ideally located in the heart of Leicester.

Located less than 1km from Leicester city centre and just steps from Leicester Royal Infirmary, The Vera Mitchell Building boasts a prime central position as part of the City Centre. Situated under 200m from De Montfort University, it offers residents convenient access to a wide range of shops, restaurants, theatres, parks, and other amenities.

The building itself will be a modern, multi­level development, rising up from a leafy street that is also home to an already established residential area, catering for both owner occupiers and students alike.

With a renowned developer in place, it will be constructed to the most exacting standards for quality and safety. Class A rated glazing, together with modern insulation materials and integrated appliances will help to minimise running costs making these apartments appealing to a host of working professionals and students throughout.

Payment And Reservation Process

  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Reserve your unit with a signed and completed digital reservation form
  • Payment  of a non-refundable reservation fee of £5000 
  • Exchange 28 days later, 30% of the balance (less £5000 reservation fee)
  • Solicitors formally instructed  
  • Remaining balance on completion 70% Estimate Q2 2025

The Vera Mitchell Building - Key Points

Location

Location

Leicester, United Kingdom

Bedrooms

Bedrooms

1 bedroom

Price

Price

£194,000.00

Tenure

Tenure

999-year leasehold

Completion

Completion

Q2 2025

Rental Yield

Rental Yield

Up To 15%

Video - The Vera Mitchell Building

Development Availability

PropertySizeBedroomsPriceEnquire
One Bedroom Apartment431 square foot1£194,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

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  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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Vera Mitchell - Location

According to the latest Good Growth for Cities Report, Leicester is ranked as one of the top 20 cities in the UK, scoring particularly well on measures such as skills, business growth, income distribution and work life balance, making Leicester the place to be for aspiring professionals and young students.

Leicester has also invested heavily in its local transport infrastructure in recent years The Vera Mitchell Building lies close to a wide range of social, shopping and leisure facilities, so vehicles are very often unnecessary.

However, for those who do need to travel further afield, its central location puts residents close to local transport hubs. A variety of buses and trains are available transporting residents across the country with travel to London possible in just 1 hour.

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Leicester

Leicester scores consistently highly in national ‘quality of life’ surveys. According to the latest Good Growth for Cities Report by Demos and PwC, it appears in the UK top 20, scoring particularly well on
measures such as skills, business growth, income distribution and work­life balance.

For students, Leicester is home to two universities – the University of Leicester and De Montfort University. Over 20,000 students study at the former, and nearly 26,000 at the latter, generating huge demand for affordable accomodation throughout the Leicester area.

However, for those who do need to travel further afield, its central location puts residents close to local transport hubs.

The nearby A594 offers easy connections to the regional highway network. The A5460 is less than 1km from the property and it runs southwest towards the junction of the M1 and M69. These key routes offer speedy travel to regional destinations such as Coventry, Derby and Nottingham, or to more distant cities such as Birmingham, Sheffield and Manchester.

  • Leicester's economy currently stands at £24.5 Billion GVA but is forecasted to be over £30.2 Billion by 2030 due to huge job creation
  • Subsequently, population growth is expected to grow by 10% in the same period
  • By 2050, local planners anticipate the need to accommodate approximately 187,000 new households
  • Leicester is home to 3 large universities creating graduate talent in multiple sectors
  • Leicester property prices are predicted to increased by 26.2% higher than the National forecast of 21.6%

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

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