Property Details

Studio flat for sale For Sale

St. James Street, Liverpool, Merseyside, L1

£43,000

ROI = 24% BMV = 72.11%

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Description

Pure Investor are delighted to present this spacious (28sqm) student studio in the hugely popular L1 Building in the Baltic Triangle. A luxury residential and student development comprising of a range of flats varying from 24-28 square meters in size, the L1 Building offers residents quick and easy access to Liverpool city centre and the Baltic Triangle. The recently converted L1 Building features a range of amenities including a large communal space including a games room with pool table, table football and sky TV, as well as a large lounge/cinema room. The L1 Building also feaures a gym and in house bike storage making it ideal for modern living. Furthermore, the L1 Building offers truly spectacular views with the upper levels of L1 providing luxurious floor-to-ceiling windows which offer amazing views of the Liverpool skyline over the River Mersey. Studio 42 - Investment Highlights 12-month AST at £650.00pcm Lettings: 9.5%+VAT - £889.20 High NET yield of 8.5% per annum Leasehold: 250 years from 2013 Ground Rent: £374.95 per annum Service Charge: £2,887.78 Annual net rental income - £3,647.97 Reservation Process 1. Complete a reservation form to secure the unit 2. Pay a £2,000 non-refundable reservation fee 3. Solicitors instructed 4. Balance due on completion (less reservation fee paid)

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