Studio flat for sale

X1 Liverpool One, David Lewis Street, Liverpool, L1 4AF

£85,000

Property Description

Key features

  • Tenanted to August 2019 for immediate income!
  • On site gym
  • Fantastic transport routes
  • Popular student development
  • Close proximity to Universities
  • New luxury development

Full description

We are pleased to present this modern studio, in a luxury student accommodation development in Liverpool.

The apartment features a fully fitted kitchen, spacious living space and modern stylish design, all situated inside one of the most sought-after student developments in Liverpool.

Unsurprisingly, X1 Liverpool One is a highly popular student development with its target demographic, boasting a 100% tenant retention rate year-on-year. This is thanks to the site's stunning private residences, as well as the addition of ample communal areas for its tenants to enjoy, relax and socialise, including common rooms and even a private gym.

Furthermore, tenants of X1 Liverpool One are enamoured with the development's close proximity to the city's major universities, including Liverpool John Moore's, The University of Liverpool, and Liverpool Hope, meaning that X1 The Edge ticks every box.

Liverpool is one of the busiest student cities in the UK, with a 70,000-strong student population the demand for student accommodation has boosted. Many of these students cannot be houses in campus accommodation and as such developments like X1 Liverpool One are in high demand.

This is the perfect investment for a high yield opportunity in a city with a large population of students, offering an easy return!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £6,732
Ground rent: £250
Service charge: £1,267
Lettings fees: £539
Net income: £4,677
Gross yield: 7.92%
Net yield: 5.5%

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-12566


Listing History

Added on Rightmove:
01 June 2018

Nearest stations

  • Liverpool Central (0.2 mi)
  • Liverpool Lime Street (0.3 mi)
  • James Street (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Liverpool Central (0.2 mi)
  • Liverpool Lime Street (0.3 mi)
  • James Street (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference YL-12566. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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