Studio Flat For Sale, The Lightbox, 5 Lower Gill Street, Liverpool L3

Description

**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!

This student pod in the luxury boutique student development – The Light Box. The student pod features a lovely living space with study area and en suite, offered fully furnished with a innovative modern design.

The Light Box is a new student development perfectly located only 5 minutes away from the university campus. The development is highly sought after amongst students as it boasts an attractive modern design and features onsite cycle storage, Sky TV, high speed internet and stylish communal areas. The Light Box includes all amenities, really setting the standard for student housing.

Liverpool continues to increase prosperity and drive forth business with over £4bn private and public investment since 2000. Thereby making it one of the fastest growing Cities outside of London.

Furthermore, the area is one of the UK’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The attraction of students in the area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation making The Light Box a great student investment not to be missed.

Financial Breakdown

Gross rent: £4,528
Ground rent: £250
Service charge: £1,642
Lettings fees: £435
Net income: £2,201
Gross yield: 15.09%
Net yield: 7.34%

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-07164

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Studio Flat For Sale £30,000 The Lightbox, 5 Lower Gill Street, Liverpool L3

Studio Flat For Sale £30,000
The Lightbox, 5 Lower Gill Street, Liverpool L3