Property Details

Studio flat for sale For Sale

26 Colemans, 37 Park Road, Liverpool, L8

£69,000

ROI = 15% BMV = -22.69%

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Description

Urban Evolution are pleased to offer this characteristic, modern, spacious studio. Studio 26 is Let for £700pcm....9% Yield!! Enquire today for your brochure. Coleman's Fireproof Depository which was originally built in 1900 has been converted into 27 loft style studio apartments. Each apartment resembles a modern twist on "warehouse" decor as the original brick and exposed pipes wrap around each apartment. The building which is across four floors also offers extra storage space in the basement and offers full management for tenants. With the Baltic Market a stone throw away and a short walk into Liverpool City Centre you will feel as if you have everything on your door step. The development is always at full occupancy. Rent for the studios ranges from £550pcm to £700pcm, Low service charge. Average net yield of 7%. A City to Invest In With the ongoing development of Liverpool-s dock front, one of the largest investments for the city in recent years, a £5 billion regeneration scheme looks to create 2 million square metres of residential, business and leisure spaces. The scheme is certainty attracting the attention of investors locally & internationally; now is the time to invest in Liverpool-s booming property development. High quality, cost competitive and low risk – Liverpool ranks in the top 10 for start-up ecosystems and has attracted over £2.5 Billion in physical investment over the past 5 years. The University of Liverpool is a UK centre for world-leading computer science research, the city region is home to 70,000 students and 30,000 graduates at any one time, an attractive market for anyone looking to invest in modern apartments designed for this demographic.

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