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Studio flat for sale

For Both Students And Professionals, Fox Street, Liverpool , L3 3BQ


Property Description

Full description

Tenure: Leasehold

The Fox Street Village Development is a great option for a first time investor. There is a built in captive audience of 60,000+ students, many of them international, who need year-round accommodation, for multiple years. Education is growing, as are jobs in the area, and this figure is set to grow rapidly, with a continual supply of tenants and consistent demand, pushing up prices.

-Two years rent guarantee, 9% net returns
-99% occupancy rate
-Fully residential
-First 2 phases sold out

You are not confined to just students, you can rent to the whole market, as these have broad appeal, and unlimited exit strategies. They are fully furnished and ready to go in mid 2017. In an excellent location, close to the Liverpool city centre, backed by a proven and successful developer.

Onsite facilities including:
-Car Parking, Central Reception with vending machines
-Gymnasium, Yoga Studios
-Communal Rooms, Communal Lounges
-Cafe Bistro

Being so desirable, many would-be investors and young professionals are choosing to first buy them to occupy, to enjoy the premier location and amenities. This way they get the best of both worlds, having a fantastic place to call home, with the future option to own a high value and high yield investment property. Earn a passive income when you upgrade to a bigger home, or if you ever choose to move cities.

We have a range of affordable payment options, starting from 52,000:
-5000 Deposit
-50% less reservation fee - 21,000
-6 months 25% - 13,000
-Remainder 25% on Completion - 13,000

In terms of return if you chose to buy it as an investment:
-Rental Income 118 PW For 52 Weeks
-Gross Rent 6,136
-9% Net Return (4,686) guaranteed for the first two years

There is a special promotion on the En Suite units, which you can take advantage of to make your rental return up to 40% higher than market rates.

"If Not Now, Then When?"

Listing History

Added on Rightmove:
22 November 2016

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