1 bed Flat For Sale £33,000
Property Ref: 5481
**kindly note! **
The seller is open to offers
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 to apply!
Large studio student apartment completed and tenanted till 2021…….!
An excellent opportunity to invest in Liverpool's ultimate student accommodation development,
X1 Arndale House, designed to provide high end and stylish student accommodation
The development offers double en-suite rooms and studios, furnished to the highest standards
offering students luxury accommodation.
The building also benefits from a wide range of communal facilities such as kitchens, a fully
kitted out gymnasium, bike storage and communal lounges with sky television are available to
residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station
(including free WiFi throughout) and storage space
.
This makes for the perfect investment There is a real shortage of student accommodation in a
city that boasts many higher education offerings. This has led to a situation where there are
excellent yields for investors in student accommodation.
The location is perfect for students as the development is just a five-minute walk to Liverpool
Lime Street station and within quick reach of all the main university campuses.
Double Ensuite Pod
Guide Price of £47,000 (Negotiable)
Approximate yield: 7.7% net
Tenanted for 2020/2021
48 weeks let @ £131 per week.
Financial Breakdown if managed by a management company.
Gross rent: £6,288
Ground rent: £250
Service charge: £1,871
Management fees: £603
Net income: £3,352
Gross yield: 13.25%
Net yield: 7.7%
If the flat is managed by the investor, the yield will be
Net yield: 8.3%
Management fees: £0.
For viewing arrangement, please use 99home online viewing system.
If calling, please quote reference: 5481
gdpr: Applying for above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property related information. If you disagree, please write to us in the message so we do not forward your details to the vendor or landlord or their managing company.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing on the sale.
General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
*Disclaimer for virtual viewings
*Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenant to commission their own survey or service reports before finalizing their offer to purchase.
Disclaimer for virtual viewings : If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the
information provided, including but not limited to, measurements, photography and video content. Should you decide to make an offer on
a property, you accept that any representations made in relation to the property are based on virtual information provided by the
Vendor only. 99home is not responsible for this information or its accuracy. If in any doubt, you should make additional inquiries before
completion.
Disclaimer: 99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.
**kindly note! **
The seller is open to offers
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 to apply!
Large studio student apartment completed and tenanted till 2021…….!
An excellent opportunity to invest in Liverpool's ultimate student accommodation development,
X1 Arndale House, designed to provide high end and stylish student accommodation
The development offers double en-suite rooms and studios, furnished to the highest standards
offering students luxury accommodation.
The building also benefits from a wide range of communal facilities such as kitchens, a fully
kitted out gymnasium, bike storage and communal lounges with sky television are available to
residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station
(including free WiFi throughout) and storage space
.
This makes for the perfect investment There is a real shortage of student accommodation in a
city that boasts many higher education offerings. This has led to a situation where there are
excellent yields for investors in student accommodation.
The location is perfect for students as the development is just a five-minute walk to Liverpool
Lime Street station and within quick reach of all the main university campuses.
Double Ensuite Pod
Guide Price of £47,000 (Negotiable)
Approximate yield: 7.7% net
Tenanted for 2020/2021
48 weeks let @ £131 per week.
Financial Breakdown if managed by a management company.
Gross rent: £6,288
Ground rent: £250
Service charge: £1,871
Management fees: £603
Net income: £3,352
Gross yield: 13.25%
Net yield: 7.7%
If the flat is managed by the investor, the yield will be
Net yield: 8.3%
Management fees: £0.
For viewing arrangement, please use 99home online viewing system.
If calling, please quote reference: 5481
gdpr: Applying for above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property related information. If you disagree, please write to us in the message so we do not forward your details to the vendor or landlord or their managing company.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing on the sale.
General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
*Disclaimer for virtual viewings
*Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenant to commission their own survey or service reports before finalizing their offer to purchase.
Disclaimer for virtual viewings : If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the
information provided, including but not limited to, measurements, photography and video content. Should you decide to make an offer on
a property, you accept that any representations made in relation to the property are based on virtual information provided by the
Vendor only. 99home is not responsible for this information or its accuracy. If in any doubt, you should make additional inquiries before
completion.
Disclaimer: 99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.
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