Property Details

Studio apartment for sale For Sale

L1 Building, 21 Jamaica Street, Liverpool, L10AA, L1

£40,000

ROI = 22% BMV = 88.73%

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Description

We are pleased to present this fully self-contained accommodation in the heart of Liverpool. The studio comprises of a spacious sleeping area, fully fitted modern high gloss kitchen which includes an oven electric hob, extractor fan and fridge freezer. The apartment is offered fully furnished with laminate flooring throughout perfectly placed in the popular L1 Building. The unique development of the L1 Building offers luxury accommodation within a bespoke warehouse conversion dating back to the 1900s. Added benefits of the development include a private onsite residents’ gym as well as a games room, secure bike storage and secure entry system. The development is perfectly situated in the Baltic Triangle of Liverpool and benefits from being only 0.9 miles from Liverpool city centre and within walking distance to local universities. Like many university cities in the UK, Liverpool in recent years has seen a chronic under supply of bespoke student housing in the area. Last year alone, 82.3% of students in Liverpool were not housed by their respected universities, which meant that demand was, and continues to be, high for prime student accommodation in the city, making now the perfect time to invest. Note this is based on prospective tenancy lined up which is currently going through referencing, letting and management fees may apply! Financial Breakdown Gross Rent: £7,332.00 Net income: £4,069.42 Gross yield: 18.33% Net yield: 10.17% Please contact agent for full financial breakdown. 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-07840

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