Studio flat for sale

X1 The Edge, 2 Seymour Street, Liverpool L3 5PE

£50,000

Property Description

Key features

  • 7.60% net yield until 2020
  • Managed by the Award-Winning Management Company X1
  • Private gym
  • Common rooms
  • Great location
  • Popular development
  • Study area
  • Close to transport links
  • Close to local universities

Full description

Built by an experienced and award winning developer X1, this double bedroom studio apartment in Liverpool is a great investment opportunity. X1 The Edge is an extremely popular student development as it is ideally located close to the city’s major universities, including The University of Liverpool, Liverpool Hope and Liverpool John Moores.

It boasts a 100% tenant retention rate year-on year thanks to the fantastic private studio apartments, as well as a good amount of communal areas such as common rooms and a private gym where tenants can relax and socialise. Residents also have access to fantastic facilities such as WiFi and Sky TV so it is easy to see why this is such a popular development.

In addition, X1 The Edge is perfectly located in close proximity to all of the shops, bars and restaurants that are synonymous to Liverpool, meaning that tenants are just a short journey away from everything that this beautiful city has to offer. The city itself has a growing population, in part due to the rising number of students coming from all around the world to study at one of the three universities. Numbers of students are expected to rise each year meaning that there will be a growing demand for accommodation.

This is a prime investment opportunity that definitely shouldn't be missed!

Financial Breakdown

Gross rent: £6,288
Ground rent: £250
Service charge: £1,637
Lettings fees: £604
Net income: £3,798
Gross yield: 12.58%
Net yield: 7.6%

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-14332


Listing History

Added on Rightmove:
29 October 2019

Nearest stations

  • Liverpool Lime Street (0.2 mi)
  • Liverpool Central (0.3 mi)
  • Moorfields (0.6 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 (0.2 mi)
  • Liverpool Central (0.3 mi)
  • Moorfields (0.6 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-14332. 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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