Earn instant income on this already tenanted investment opportunity! Excellent student investment in sought after city centre location
Built by experienced and award-winning developers X1, this double bedroom studio apartment in Liverpool is a great investment opportunity. X1 The Edge is a popular student development located close to the University of Liverpool, Liverpool John Moores and Liverpool Hope. It is an extremely high-demand development, boasting a 100% tenant retention rate year-on year.
X1 The Edge is located close to a multitude of shops, bars, restaurants and cultural amenities synonymous with Liverpool meaning that everything the city has to offer is easily accessible. It is also in close proximity to a number of public transport links making it extremely easy to travel around the city.
Liverpool is a fantastic city with plenty to offer. The demand for student accommodation is rising due to the increasing number of students attending the three universities and numbers are expected to rise once again this year. It is estimated that 60% of students will require accommodation, making X1 The Edge a lucrative investment opportunity with longevity for years to come.
Prime investment opportunity not to be missed! Fantastic double bedroom studio apartment located close to Liverpool City Centre.
*Please Note* These are CGI images and not of the actual property. Updated images to follow soon.
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Financial Breakdown
Gross rent: £6,048
Ground rent: £250
Service charge: £2,063
Lettings fees: £198
Net income: £3,537
Gross yield: 12.6%
Net yield: 7.37%
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-16624