Buy-to-Let News

Uncovering the Truth: Is Leicester's Buy-to-Let Market Still a Lucrative Investment in 2023?

The question on everyone's mind lately is whether buy to let is still a good investment in 2023. The recent GOV.UK English Private Landlord Survey showed that 40% of landlords invested in property to boost their pension and a third to supplement their income. Property is an important investment that many are counting on to support their lifestyle, now or in the future.

27 Feb 2023 Written by: First 4 Lettings

Property Valuations

Are you interested in finding out what rental price your property could achieve? If so, then please contact us to get a FREE valuation. You have nothing to lose whilst getting our expert advice.

Landlord Yield Calculator

Look at our FREE RENTAL yield calculator to see if your property is a good investment. Contact us to see what we can do to make your investment more profitable.

Students

We have a large selection of student properties located near both UOL and DMU. With a budget to suit all students, First 4 Lettings is the one stop shop for all looking to secure student accommodation in Leicester.

Maintenance

Tenants can have the peace of mind that all our managed properties are fully maintained by our 24/7 maintenance department. All issues are dealt with in a swift and prompt manner to ensure your stay in the property is as enjoyable as possible.

Featured Properties

Property photo: Clarendon Park, Leicester, LE2

Let Agreed

Let Agreed - Clarendon Park, Leicester, LE2

£105 pw Tenancy Info

2024/25! 8 BED MODERN STUDENT house near the University of Leicester with 8 DOUBLE BEDROOMS, 2 BATHROOMS, 3 TOILETS, LOUNGE, KITCHEN, OFF ROAD PARKING & GARDEN! *Only £105.00 per room per week ...

Let Agreed

Let Agreed - Leicester, LE2

£102.50 pw Tenancy Info

2024/25! 3 BED STUDENT PROPERTY close to the UNIVERSITY of LEICESTER. Featuring X 3 DOUBLE BEDROOMS; LOUNGE; MODERN KITCHEN; BATHROOM and REAR GARDEN. *ONLY £102.50 PER ROOM PER WEEK based on ...

Let Agreed

Let Agreed - Clarendon Park, Leicester, LE2

£115 pw Tenancy Info

2024/25! BEST STUDENT HOUSE IN CLARENDON PARK! LARGE 6 BED/2 BATH STUDENT property near the University of Leicester consisting of three floors; 6 DOUBLE BEDROOMS, KITCHEN / DINER, LOUNGE, 2 ...

Fees

PERMITTED PAYMENTS

As well as paying the rent, you may also be required to make the following permitted payments:

1) Holding Deposit: Up to one week’s rental

2) Deposit: One month’s rental (5 weeks rental dependent on individual’s circumstances)

3) Payments for utilities (gas, electricity & water), communication services (telephone & broadband), Installation/Subscription of cable/satellite, TV licence and council tax

4) Default Fee (late payment of rent): If full Rent is not paid within 14 days or more of the Rent Due Date there will be a charge 3% plus the Bank of England base interest rate of the full rental amount until full payment is received

5) Default Fee (breach of tenancy agreement, any other permitted payments, under relevant legislation including contractual damages): For any breach of the tenancy agreement based on the reasonably incurred costs of the agent or landlord

6) Replacement of keys, fobs or other security devices

7) Default Fee (changes to the tenancy): An administrative charge of £50.00 or greater for any assignment, variation or novation of the tenancy agreement made at the tenant’s request (only if agreed by The Landlord and/or The Landlord’s Agent)

8) Payments in respect of early termination of a tenancy agreement at the tenant’s request

TENANT PROTECTION

First 4 Lettings is a member of Client Money Protect which is a client money protection scheme, and also a member of PRS (Property Redress Scheme), which is a redress scheme.