2 bed Flat For Sale £165,000
Yieldit are pleased to present to the market this excellent tenanted investment opportunity. The stylish apartment is located in the popular Ropemaker Place development which recently completed in 2019 and is home to 74 exclusive apartments in a sought-after city centre location. The accommodation is completed to a high standard throughout and compromises of an entrance hallway; two spacious and well-proportioned bedrooms with floor to ceiling windows; a bathroom with three-piece suite; en-suite to the master with walk in shower; an open plan living room with a floor to ceiling window providing lots of natural light and a fully-fitted modern kitchen complete with appliances.
The luxury development is in the trendy Ropewalks area and benefits from an enviable position being just a stones throw from Liverpool city centre and all of the shops, bars, restaurants, nightlife and amenities it has to offer. Properties in the development will always be in high demand for young professionals and students due to it’s proximity to Liverpool’s well respected universities, hospitals and Liverpool One - a retail and leisure destination home to over 170 stores, bars and restaurants. Although the city of Liverpool has everything to offer, Lime Street Station provides unrivalled links to several destinations across England, Scotland and Wales for residents looking to travel and commute.
Liverpool is a vibrant and extremely popular Northern City so it’s no wonder it’s a property investment hotspot due to the fact that the rental demand is high, the property prices are reasonable and it’s population and economy are thriving. According to figures obtained from Rightmove, property prices have increased by a staggering 23% from 2019 which means now is a great time to invest in property in the City. Enquire today to discuss this incredible opportunity.
Financial Breakdown
Gross rent: £12,000
Ground rent: £350
Service charge: £2,146
Lettings fees: £1,152
Net income: £8,352
Gross yield: 7.38%
Net yield: 5.14%
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-17625
The luxury development is in the trendy Ropewalks area and benefits from an enviable position being just a stones throw from Liverpool city centre and all of the shops, bars, restaurants, nightlife and amenities it has to offer. Properties in the development will always be in high demand for young professionals and students due to it’s proximity to Liverpool’s well respected universities, hospitals and Liverpool One - a retail and leisure destination home to over 170 stores, bars and restaurants. Although the city of Liverpool has everything to offer, Lime Street Station provides unrivalled links to several destinations across England, Scotland and Wales for residents looking to travel and commute.
Liverpool is a vibrant and extremely popular Northern City so it’s no wonder it’s a property investment hotspot due to the fact that the rental demand is high, the property prices are reasonable and it’s population and economy are thriving. According to figures obtained from Rightmove, property prices have increased by a staggering 23% from 2019 which means now is a great time to invest in property in the City. Enquire today to discuss this incredible opportunity.
Financial Breakdown
Gross rent: £12,000
Ground rent: £350
Service charge: £2,146
Lettings fees: £1,152
Net income: £8,352
Gross yield: 7.38%
Net yield: 5.14%
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-17625
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