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Studio Flat For Sale £75,000
One Wolstenholme Square, Liverpool L1


Description
This stylish studio apartment is situated in the highly desirable and recently completed development of Wolstenholme Square in Liverpool's city centre. Located on the fifth floor, the accommodation boasts a corner position and consists of an inviting open plan living area with floor to ceiling windows providing excellent views of the city, a high specification kitchen with integrated appliances and luxurious shower room. The prestigious development also has 24-hour concierge service, secure entry, lift access, bike storage and a laundry room.

Wolstenholme Square is perfectly positioned in Liverpool’s cosmopolitan city centre. Residents have the luxury of a vast array of amenities, shops, restaurants, bars and cultural attractions right on their doorstep which means it will always be a popular choice amongst renters. Liverpool Central and Lime Street Station are just minutes away and provide services across the whole of the UK meaning it’s also an attractive let for commuters.

Liverpool is one of the UK’s biggest property hotspots with a thriving rental market, strong rental yields and reasonable property prices. It’s economy and population are thriving, with a growing student and young professional population fuelling the demand for rental properties such as this one, and excellent potential for capital growth with house prices increasing by a staggering 23% since 2019 (Rightmove).

The city has recently unveiled a multi-billion pound innovation plan to invest 5% of it’s economy on Research and Development by 2030, which is nearly double the UK’s target and would result in the creation of 44,000 jobs and add £41.7billion to the economy. Now is a fantastic opportunity to invest, so don't miss out and enquire today!

Financial Breakdown

Gross rent: £6,000
Ground rent: £350
Service charge: £1,056
Lettings fees: £510
Net income: £4,594
Gross yield: 8%
Net yield: 6.13%

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-17959

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