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Studio Flat For Sale £55,000
Building, 21 Jamaica Street, Liverpool L1


Description
Earn instant income on this already tenanted investment opportunity - cash buyers only! This excellent studio apartment on the ground floor is located in the ever growing Baltic triangle, enquire today to avoid disappointment.

We are pleased to present this fully self-contained accommodation in the heart of Liverpool. The studio features stunning floor to ceiling windows and comprises of a spacious living space with sleeping area, LCD TV with en suite and fully fitted modern high gloss kitchen which includes an oven electric hob, extractor fan and fridge freezer. The apartment is offered fully furnished with laminate flooring throughout perfectly placed in the popular L1 Building.

The unique development of the L1 Building offers luxury accommodation within a bespoke warehouse conversion dating back to the 1900s. Added benefits of the development include a private onsite resident’ gym as well as a games room, secure bike storage and secure entry system. The development is perfectly situated in the Baltic Triangle of Liverpool and benefits from being only 0.9 miles from Liverpool city centre and within walking distance to local universities.

Like many university cities in the UK, Liverpool in recent years has seen a chronic under supply of bespoke student housing in the area. Last year alone, 82.3% of students in Liverpool were not housed by their respected universities, which meant that demand was, and continues to be, high for prime student accommodation in the city, making now the perfect time to invest.

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

Financial Breakdown

Gross rent: £6,420
Ground rent: £250
Service charge: £1,527
Lettings fees: £616
Net income: £4,027
Gross yield: 11.67%
Net yield: 7.32%

Important Note To Purchasers

*For leasehold properties: 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-13997

Follow the link for more information:
        
zoopla.co.uk

  
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