Reliance House, 20 Water Street, Liverpool, L2 8AA

Yieldit are pleased to offer to the market this beautiful 5th floor apartment located in desirable development Reliance House. This apartment briefly comprises of; a spacious open living/kitchen diner area, fully fitted kitchen with high gloss finish. Two well proportioned double rooms with fitted wardrobes, en suite, family bathroom and storage cupboard. Residents benefit from secure intercom access and on site concierge.

Reliance house is within walking distance of Liverpool city centre and Liverpool's vibrant waterfront. Residents 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. This development is also only a fifteen-minute walk away from the Albert Dock, the most visited free tourist site in the UK outside of London. Residents are able to convene at an area bursting with life, offering a wide array of bars and restaurants, with something for everyone.

Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for more high quality housing. Liverpool 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. The large number of professionals moving to live and work in Liverpool are looking for luxury rental accommodation and are willing to pay a premium for it. The city has recently unveiled a multi-billion pound innovation plan to invest 5% of it’s economy on Research and Development by 2030, which is nearly double the UK’s target and would result in the creation of 44,000 jobs and add £41.7billion to the economy.

Financial Breakdown

Gross Rent: £13,200.00
Net income: £10,347.00
Gross yield: 8.12%
Net yield: 6.37%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07601