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Studio Flat For Sale £50,000
X1 Liverpool One, David Lewis Street, Liverpool L1


Description
This studio apartment is finished and furnished to the highest standard and has its own fully-fitted kitchenette, en-suite bathroom, double bed, wall mounted TV and dedicated study space. Residents of X1 Liverpool One have access to multiple communal facilities including a cinema room, a gym and communal games rooms. This development is also within close proximity to the city's major universities, including The University of Liverpool, Liverpool John Moore's, and Liverpool Hope, making this an extremely desirable choice for students.

X1 Liverpool One is ideally located for all of Liverpool's best amenities, enabling residents to enjoy and explore this lively and dynamic city. The Liverpool One shopping complex is within walking distance, alongside countless bars, restaurants and cultural attractions including the famous Albert Dock. This development is also close to Liverpool's main train stations, giving residents easy access to almost anywhere in the country.

X1 Liverpool One is one of Liverpool’s most sought-after student accommodations, with market-leading tenancy rates year after year. The development is let and managed by award-winning and experienced X1 Lettings which means your investment is in safe hands. Liverpool is one of the busiest student cities in the UK, with a 70,000-strong student population. Many of these students cannot be housed in campus accommodation and as such developments like X1 Liverpool One are in high demand.

**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!

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

Financial Breakdown

Gross rent: £6,160
Ground rent: £250
Service charge: £1,103
Lettings fees: £739
Net income: £4,068
Gross yield: 12.32%
Net yield: 8.14%

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-16918

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