Studio Flat For Sale £54,950
X1 The Edge, 2 Seymour Street, Liverpool L3

**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Built by an experienced and award-winning developer X1, this double bedroom studio apartment at X1 The Edge in Liverpool is a great investment opportunity.

Close to all the shops, bars, restaurants and cultural amenities synonymous with Liverpool, residents of X1 The Edge are just a short journey away from everything this dynamic city has to offer, as well as its ample transport links.

Unsurprisingly, X1 The Edge 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 impressive communal areas for its tenants to enjoy, relax and socialise, including common rooms and even a private gym.

Furthermore, tenants of X1 The Edge 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.

Don't miss out on this prime investment opportunity-enquire today!

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

Financial Breakdown

Gross rent: £6,300
Ground rent: £250
Service charge: £1,426
Lettings fees: £605
Net income: £4,019
Gross yield: 11.46%
Net yield: 7.31%

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-15863