Studio Flat For Sale £79,950
X1 Liverpool One, David Lewis Street, Liverpool L1
previous price £85,000

We are pleased to present this modern studio, in a luxury student accommodation development in Liverpool.

The apartment features a fully fitted kitchen, spacious living space and modern stylish design, all situated inside one of the most sought-after student developments in Liverpool.

Unsurprisingly, X1 Liverpool One is a highly popular student development with its target demographic, boasting a 100% tenant retention rate year-on-year. This is thanks to the site's stunning private residences, as well as the addition of ample communal areas for its tenants to enjoy, relax and socialise, including common rooms and even a private gym.

Furthermore, tenants of X1 Liverpool One are enamoured with the development's close proximity to the city's major universities, including Liverpool John Moore's, The University of Liverpool, and Liverpool Hope, meaning that X1 The Edge ticks every box.

Liverpool is one of the busiest student cities in the UK, with a 70,000-strong student population the demand for student accommodation has boosted. Many of these students cannot be houses in campus accommodation and as such developments like X1 Liverpool One are in high demand.

This is the perfect investment for a high yield opportunity in a city with a large population of students, offering an easy return!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £6,732
Ground rent: £250
Service charge: £1,267
Lettings fees: £539
Net income: £4,677
Gross yield: 7.92%
Net yield: 5.5%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12566