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Studio flat for sale

L1 Building, Jamaica Street, Liverpool L1 0AA

£65,000

Property Description

Key features

  • Tenanted for immediate income through 2019
  • Offered fully furnished
  • Private onsite residents? gym
  • Games room
  • Situated only 0.9 miles from the City Centre
  • Within walking distance to local universities

Full description

We are pleased to present this fully furnished self-contained student accommodation in the heart of Liverpool. The studio features stunning floor to ceiling windows and comprises of a spacious living space with en suite and fully fitted modern high gloss kitchen located in the L1 student development building.

The unique development of the L1 Building offers luxury student accommodation within a bespoke warehouse conversion dating back to the 1900’s. Added benefits of the development include a private onsite residents’ gym as well as a games room, secure bike storage and secure entry system. The development is perfectly situated in the Baltic Triangle of Liverpool and benefits from being only 0.9 miles from Liverpool City Centre and within walking distance to local universities.

Property prices in this postcode have been soaring, figures show a rise of prices of over 22% alone over the last 5 years (Zoopla – October 2019) - indicating an increasing desire to live in this area. There has also been plenty of regeneration such as that of Liverpool One, and more in store, such as New Chinatown at Tribeca Fields adding to the demand.

Generally, the more central you are the higher the demand for property, combined with the ample facilities and location this development remains a popular choice, making for a perfect lucrative investment in a city known as the student hub!

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

Financial Breakdown

Gross rent: £6,192
Ground rent: £250
Service charge: £1,970
Lettings fees: £557
Net income: £3,414
Gross yield: 9.53%
Net yield: 5.25%

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-12714


Listing History

Added on Rightmove:
03 October 2018

Map & Street View

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