We are pleased to present this fully furnished self-contained student accommodation in the heart of Liverpool. The studio features stunning floor to ceiling windows and comprises of a spacious living space with en suite and fully fitted modern high gloss kitchen located in the L1 student development building.
The unique development of the L1 Building offers luxury student accommodation within a bespoke warehouse conversion dating back to the 1900’s. Added benefits of the development include a private onsite residents’ 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.
Property prices in this postcode have been soaring, figures show a rise of prices of over 20% alone over the last 5 years (Zoopla – November 2021) - indicating an increasing desire to live in this area. There has also been plenty of regeneration such as that of Liverpool One, and more in store, such as New Chinatown at Tribeca Fields adding to the demand.
Generally, the more central you are the higher the demand for property, combined with the ample facilities and location this development remains a popular choice, making for a perfect lucrative investment in a city known as the student hub!
Financial Breakdown
Gross rent: £6,708
Ground rent: £282
Service charge: £1,526
Lettings fees: £765
Net income: £4,135
Gross yield: 13.42%
Net yield: 8.27%
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-17224
