Studio flat for sale

Sir Thomas Street, Liverpool, L1

Leasehold £84,342

Property Description

Key features

  • September 2017 completion
  • 8.4% rental income for two years
  • 5% interest on funds
  • City Centre location
  • Apartment style feel

Full description

Tenure: Leasehold

Sir Thomas House - L1 Serviced Apartment Investment in Liverpool

* Sir Thomas House is an exciting Liverpool L1 serviced apartment investment, a conversion of a period building situated on Sir Thomas Street. Sir Thomas House enjoys an enviable central location, close to many of Liverpool's iconic attractions, restaurants and bars, Liverpool One shopping centre and Liverpool Lime Street.

Liverpool is home to a cruise terminal and the Liverpool John Lennon Airport, additionally with the return of the Liverpool - North Wales cruise this summer it is unsurprising that the city needs to accommodate a considerable number of overnight guests. The city has a booming tourism industry and welcomes around 54m day visitors annually, with the number of staying visitors rising to 4.8m. With those figures in mind, it is worth noting that these guests will be looking for well-located, modern rooms.

Sir Thomas House is perfectly suited to overnight guests as it enjoys a central location close to the city's nightlife, shopping district and transport links; allowing visitors to enjoy the city and continue their onward journey with ease. It is also appealing to those going out in the city on a hen / stag party, due to its proximity to Liverpool's bars and clubs. In short visitors will always demand rooms in Sir Thomas due to its superior location. Similar hotels close by include the Signature Living Hotel, which always receives positive feedback from guests with regards to its location.

Sir Thomas House - The Building

Sir Thomas House is a beautiful period conversion building that has retained some of its original features to keep character, such as the original facade and arched windows. The studios boast floor - ceiling windows, allowing plenty of natural light and adding to the development's overall appeal.

The studios have been designed by award-winning SDA architects, and have cleverly separated the living, work and sleep space to give the feeling of a one-bedroom apartment. Just by looking at the studios, they feel of superior design and build compared to nearby developments.

The development also boasts an onsite gym, cinema room and social spaces for the use of residents, further adding to its appeal to visitors who are looking to stay in a traditional Liverpudlian building, but who do not want to compromise on comfort.

Sir Thomas House Investment Fundamentals

* Purchase price from £84,262

* Assured rental income of 8.4% for two years

* Attractive period conversion

* 5% interest on funds

* Completion September 2017

* Attractively priced for location

* Only 44 units available

Why invest in serviced apartments?

With the weakening of the pound, the rise in British people opting for 'staycations', and the ever-changing preferences of the types of accommodation that tourists are opting for, serviced apartments are proving themselves to be very worthwhile investments.

Not only is there an increased demand for serviced apartments from domestic visitors, but also from overseas guests. In 2015 over 36 million people came to the UK for a holiday, a 50% increase over the previous 12 years.

The increasing popularity of AirBnB has demonstrated one thing - that people are looking for different accommodation options. The needs of travellers are changing, and some require the flexibility that serviced accommodation can afford them. In other cases, it is simply that often hotel rooms can be wildly expensive, and therefore more budget-friendly alternatives are considered if the room is just being used to sleep in. Proving their popularity, serviced apartment occupancy rates in London far surpass hotel room occupancy rates, currently standing at 90%.

It has been predicted that between the end of 2016 - the end of 2017, the serviced apartment sector will double in size in the UK, making it the fastest growing in hospitality.

For those wanting a further look at Sir Thomas, the exciting L1 serviced apartment investment, please see our Sir Thomas Video Fly-through.


More information from this agent

Listing History

Added on Rightmove:
28 November 2016

Nearest stations

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

Nearest schools

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To view this property or request more details, contact:

One Touch Property Investment, London

288 Bishopsgate, City of London, EC2M 4QP

020 8012 4798 Local call rate

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Floorplans

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Master Floorplan Image

To view this property or request more details, contact:

One Touch Property Investment, London

288 Bishopsgate, City of London, EC2M 4QP

020 8012 4798 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

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

To view this property or request more details, contact:

One Touch Property Investment, London

288 Bishopsgate, City of London, EC2M 4QP

020 8012 4798 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 B3E264B725566. 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 One Touch Property Investment, London . 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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