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Studio Flat For Sale £70,000
Vincent House, Liverpool L1


Description
This excellent studio apartment comprises of; entrance hallway leading to a spacious open plan lounge; fully fitted kitchen with all appliances included; three piece family bathroom with shower over bath. The apartment comes fully furnished and is located on the second floor.

Vincent House is within walking distance of both Liverpool's city centre and its vibrant waterfront. Residents will find themselves in the midst of all that the city has to offer; from the famous museums which hold the key to the city's past, to the thousands of bars, restaurants and shops, of which Liverpool is renowned for. Liverpool also has a significant cultural offering. Destinations such as Albert Dock, the Philharmonic and Europe's oldest Chinatown have put Liverpool on the map as a City of Culture - an accolade it was awarded in 2008. It's easy to see why Liverpool is a global hub for a multitude of tourists, residents and professionals. In addition to being a major tourist hub, the city is also a centre for commerce, being home to over 3,000 businesses and Liverpool one - the fifth largest retail centre in the UK.

More and more people are moving to Liverpool to live and work in this booming city, and high quality rental accommodation such as that provided by Vincent House. Liverpool also boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer.

Financial Breakdown

Gross rent: £5,565
Ground rent: £375
Net income: £5,190
Gross yield: 8.56%
Net yield: 7.98%

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-07188

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