Studio flat for sale

London Road, Liverpool, Merseyside, L3

Under Offer £53,000

Property Description

Key features

  • Fully tenanted since launch four years ago
  • Leading student management company in place
  • Approx 8.4% net yield
  • Just three minutes walk to University of Liverpool

Full description

Tenure: Leasehold

Arndale House is just a short walk away from the University of Liverpool, and minutes from the main shops, bars and restaurants of the city centre. It has proven to be one of Liverpool's most successful student developments since it's launch four years ago. This ensuite student unit offers investors an opportunity to capitalise on the huge demand for high quality student accommodation in the city centre.

This ensuite cluster style unit also benefits from a spacious open plan dining area and lounge, which is shared with four other ensuite apartments within the cluster. In recent years, this cluster style unit has proven hugely popular with students seeking to benefit from both the privacy of their own, combined with a spacious communal area.

Arndale House - Investment Highlights
Fully tenanted since launch
£126 x 48 weeks = £6048
£6048 gross annual income
Lettings fee - 8%
Service charges - £1109 per annum
Approximately 8.4% net yield
Leading student management company in place
Less than five minutes walk to University of Liverpool
Over 55,000 students in Liverpool
High standard of finishing throughout

Liverpool is widely acknowledged as being one of the UK's leading student destinations. Home to the Russell Group Accredited University of Liverpool, the city is also home to John Moores University and Liverpool Hope University. As such, demand for student accommodation within the city centre is at an all time high, as increasing numbers of overseas students add to the demand for purpose built student accommodation in the city.

Purchase Process
1. Complete the reservation form and pay the £2,000 reservation fee
2. Instruct solicitors and receive legal and sales pack
3. Pay the remaining balance on completion of contracts


Listing History

Added on Rightmove:
28 February 2018

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:

Hopwood House, Manchester

Building 12, Office 16 Tameside Business Park Windmill Lane Denton M34 3QS

0161 468 0126 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 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:

Hopwood House, Manchester

Building 12, Office 16 Tameside Business Park Windmill Lane Denton M34 3QS

0161 468 0126 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.

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