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Studio flat for sale

The Bridewell, Cheapside, Liverpool

Removed £45,000

Property Description

Key features

  • ATTENTION INVESTORS - 8%+ yield !
  • Guaranteed rental figure of £3896 pa
  • Managed student-letting apartments
  • Ensuite bathroom
  • Three-quarter double bed
  • Free broadband / LCD TV
  • Shared kitchen and lounge
  • Intercom system to front door
  • Gymnasium
  • Laundry facilities

Full description

Agent Online is pleased to offer a highly attractive investment opportunity in central Liverpool, offered on a fully managed basis.This student accommodation offers a guaranteed return of £3,896.00 per annum and provides a yield of over 8%. Student tenants have the chance to live in a property steeped in history, newly refurbished and located right in the heart of the ever vibrant Liverpool student community. The Bridewell comes with a range of features such as LCD TVs, broadband, cycle storage, laundry facilities, suitcase storage, en-suite showers, workstations and use of a gymnasium.

The studio apartments are somewhat unique in the fact that they were developed through the refurbishment of a former prison. The Bridewell was decommissioned as a prison by the government back in 1997 and sat derelict for 16 years until it was identified as the perfect spot for some luxury Liverpool student accommodation. Unsurprisingly, being a former prison, The Bridewell is ultra-secure.The Bridewell is set over four floors as well as a mezzanine and houses an impressive 87 bed spaces.
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More information from this agent

Listing History

Added on Rightmove:
01 October 2015

Map & Street View

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