Studio flat for sale

X1 Arndale House, London Road, Liverpool L3 8JA

£48,000

Property Description

Key features

  • Tenanted for immediate returns
  • Located near city centre
  • Shops and amenities
  • Residence gymnasium
  • Study area
  • Already tenanted for next year
  • Close to public transport
  • Net yields of 7.38%

Full description

X1 Arndale House is a beautifully refurbished student development in Liverpool City Centre. The development offers double en-suite rooms and studios, furnished to the highest standards, offering students luxury accommodation.

A wide range of communal facilities such as kitchens, a fully kitted out gymnasium, bike storage and communal lounges with SKY television are available to residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station (including free WiFi throughout) and storage space.

Liverpool is one of the UK’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The attraction of students in the area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation making X1 Arndale House a great student investment not to be missed.

The development is perfectly placed just a five minute walk to Liverpool Lime Street station and within quick reach of all the main university campuses.

Financial Breakdown

Gross rent: £6,288
Ground rent: £250
Service charge: £1,854
Lettings fees: £604
Net income: £3,580
Gross yield: 13.1%
Net yield: 7.46%

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-13677


Listing History

Added on Rightmove:
27 June 2019

Nearest stations

  • Liverpool Lime Street (0.3 mi)
  • Liverpool Central (0.5 mi)
  • Moorfields (0.7 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?

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Map & Street View

Nearest stations

  • Liverpool Lime Street (0.3 mi)
  • Liverpool Central (0.5 mi)
  • Moorfields (0.7 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-13677. 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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