Flat Share for saleCheapside, Liverpool, L2
Sold STC £48,500
- 5% Interest paid on deposit
- All rooms are fully furnished
- assured first five years
- En suite bedrooms
- Full legal title on a 250 year lease
- Income from start September 2014
- Minimum 8.0% NET rental
- priced from £48950
- Purchase price inclusive of furniture
- Rental income is paid quarterly
Full descriptionStudent property investment in Liverpool has become available. A city centre grade II listed building that is being fully refurbished into desirable student accommodation. Liverpool's Universities and Colleges are internationally recognised and famous worldwide, drawing in students from both the UK and abroad. With over 70,000 students living and studying in Liverpool, there is a massive shortfall of quality student accommodation in the City. There are only 9,171 student rooms available, meaning that there is only enough accommodation in the city for just 13% of students; this gap needs to be filled and investors are well placed to meet this shortfall.
Student Property Investment Liverpool
En suite bedrooms are priced from £48,950
Income to commence from start of the academic year in September 2014
Minimum 8.0% NET rental assured first five years
5% Interest paid on deposit monies during refurbishment
Full legal title on a 250 year lease
Purchase price inclusive of furniture and fixings
Rental income is paid quarterly in arrears
All rooms are fully furnished, run and managed by a specialist student letting management company.
The student property investment in Liverpool is located in the highly desirable student city of Liverpool, where student accommodation is seeing record demand. The 70,000 student population represents 12% of the city's total population, who now look for high quality accommodation with excellent facilities and a central location.
Liverpool prides itself as being an innovative and exciting place for investment and business, and is at the heart of the thriving North West economy, generating £106 billion, bigger than many EU countries, including Denmark and Finland.
Liverpool is one of the best connected cities in the UK, with two thirds of the UK living within a two hour drive away.
Ideally located for the student's convenience, within:
The University of Liverpool
The original 'red brick' university, it has 30,000 students from more than 100 countries
The University has partnered with China to create the Xi'an Jiaotong-Liverpool University
In the top 1% of Universities worldwide
Liverpool John Moore's University
Over 25,000 students
10% of students are from overseas
Liverpool Hope University
The university has two campuses in Liverpool, where 7,400 students are taught
Obtained full university status in 2005
Day 1 - £2,000 reservation deposit to reserve
Day 21 - Exchange of contracts
Q3 2014 - Completion of property purchase
The payment plans pays 5% interest on monies invested during refurbishment:
50% less reservation fee on exchange, balance on completion September 2014
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