Studio Flat For Sale £66,950
42 Simpson Street, Liverpool, Merseyside L1

Studio Apartment for investment opportunity. Norfolk House completed in January 2017, is a modern development of self-contained studios. It’s located in the BalticTriangle, one of the city’s trendiest and most creative areas – which is in high demand among students and professionals tenants.

Investors benefit from 10% guaranteed net rental income for 3 years. After year 3, the projected annual net return is estimated at 11%.

The property has facilities such as games and cinema rooms, visitor parking, a fully equipped gym, roof terrace and manned reception. Combined with its popular location, these will make it a sought-after residence for students or young professionals.

Location:
Nearby Liverpool Central Train Station and the nearest airport is Liverpool John Lennon Airport. Liverpool continues to grow and attract investment – more than £5 billion in the last decade. The scale and quality of Liverpool’s transformation has been of international significance, and it’s continuing at a rapid pace. With nearly 70,000 full-time students, and tenant demand projected to increase due to extensive regeneration, Now is the time to invest in this booming Merseyside city.

Tenure: Leasehold

Remaining: 255 years

Service Charge: £127.76 monthly