Property Details

4 bedroom apartment for sale For Sale

Cluster 46 Queensland Place 2 Chatham Place, Liverpool, L7

£105,000

ROI = 11% BMV = 68.05%

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Description

Looking to invest in student accommodation? Then this 4 bed cluster could be the one for you. Currently tenanted with new tenants secured till July 2025!! Rents from £500pcm, per room, potential 12% yield!! Enquire today for more information and to arrange your viewing. Queensland Place is located just a stone throw away from the University of Liverpool and Liverpool City Centre. Amazing location for students, only a short 15-minute walk to University of Liverpool campus and LJMU buildings. Within walking distance is a Jack's supermarket, it is also right on the main road access for bus route to the city centre. Queensland place offers spacious communal areas with pool tables and TVs, a great space to meet before heading to town. We also have an on-site gym with plenty of equipment for tenants to use, as well as a cinema room with plenty of spaces to study or socialise. The clusters and rooms offer fitted kitchen, modern furnishings, kettle, microwave, 3/4 double beds, wardrobe, and desk & chair for study. Market Growth in Liverpool: Liverpool’s property market known for its unique mix of historical allure and contemporary features not only maintained its value but also demonstrated robust growth. Consequently, this has further cemented Liverpool’s position as an attractive location for both seasoned and new investors. In 2023 Liverpool’s housing market stayed strong despite a 2% decrease on house prices from March 2023 to February 2024 the average house price was £196,000. Now halfway into 2024 the housing market is showing signs of steadiness and growth, offering potential benefits to investors. Houses in Liverpool are about 44% cheaper than other areas in England and Wales, making Liverpool an attractively affordable option. It is about 30% cheaper than Manchester and 65% cheaper than London. Liverpool Market Trends: Over five years up to 2021, Liverpool saw house prices surge by 41%. This was the largest increase among UK cities. Expectations are high, predicting Liverpool’s house prices could surge over 20% by 2026. This upward trend is driven by city improvements, a strong economy and increased interest from buyers and investors, resulting in increased prices. In summary, despite a slight decrease in house prices last year, Liverpool remains affordable with a promising future. Reasons to Invest in Liverpool: The arrivals of young professionals and students has boosted housing demand. Key urban projects such as the £5.5 billion Liverpool Waters are crucial for the city’s enchantment. Future projects like HS2 and Crossrail North will enhance connectivity. The average rental yields in Liverpool are currently at a 6 year high, ranging between 4-9% depending on the property and postcode. How close is close? University of Liverpool: 0.4 miles Liverpool John Moores University: 0.9 miles Liverpool ONE Shopping Centre: 1.1 miles

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