Studio flat for sale

X1 Arndale House, London Road, Liverpool, L3 8JA

£45,000

Property Description

Key features

  • Tenanted for the 18/19 academic year
  • NET yield of 7.39%
  • Located in Liverpool city centre
  • Walking distance to the top universities
  • Close to all local amenities
  • Double bedroom
  • Fully furnished
  • Resident's gym
  • Laundry facilities
  • Communal lounge area

Full description

This double room, which comes complete with an en-suite, is situated on the 2nd floor of the building and is offered fully furnished to the highest specification, in keeping with the contemporary interior of the building. The room features double beds, en-suite bathroom, LCD TV, work station (including free Wi-Fi throughout) and a storage room. Residents can enjoy Arndale House's wide range of luxury facilities including large integrated fitted kitchens, a fully equipped gymnasium, bike storage, a beautifully landscaped communal courtyard and communal lounges with SKY TV, all accessible to residents. It is no surprise that X1 Arndale House is extremely popular amongst students and boasts 100% occupancy for 2018/19!

Ideally located on one of Liverpool’s busiest high streets within walking distance to Liverpool’s world-renowned universities, this development is highly regarded as one of the most in-demand student properties in the city. X1 Arndale House is just a stone’s throw from major landmarks including the O2 Academy, University of Liverpool, Liverpool Central Library and Liverpool ONE shopping centre, as well as having local amenities such as bars, restaurants, cafes and shops all on its doorstep.

Liverpool is one of the most popular student cities in the UK, with over 22,000 students studying in Liverpool from The University of Liverpool alone. Many of these students cannot be housed in campus accommodation and as such developments like X1 Arndale House are in high demand. 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.

Financial Breakdown

Gross rent: £6,288
Ground rent: £250
Service charge: £1,982
Lettings fees: £604
Net income: £3,452
Gross yield: 13.97%
Net yield: 7.67%

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-13244


Listing History

Added on Rightmove:
21 February 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

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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-13244. 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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