Property Details

Studio flat for sale For Sale

£40,000

ROI = 25% BMV = 74.67%

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Description

This studio student apartment is located in the beautiful, newly-restored St Cyprian's development and is tenanted for the 2025 academic year. This premium accommodation is in high demand amongst the students that flock to the city of Liverpool for their studies and is therefore an excellent development to invest in. The apartment is offered fully furnished, including a fitted kitchen, a spacious living area, a bedroom large enough to fit a double bed, wardrobe and bedside table with room for storage and an en-suite complete with shower. Residents of St Cyprian's also benefit from numerous facilities such as a communal lounge, games room and study area alongside the necessities of a laundry room, on-site security, bicycle storage, and on-site accommodation team. St Cyprian's is within walking distance to both the University of Liverpool and LJMU campuses, as well as the Royal Liverpool University Hospital, making it an ideal location for students studying at any of these institutions. It is also in close proximity to all local amenities (supermarkets/bars/Edge Hill train station to name a few) and residents at St Cyprian's are also only a short train or bus journey from Liverpool city centre, making it extremely easy to access all that the city has to offer, including restaurants, bars, museums and retail outlets. This property may fall within a selective licensing area where charges may apply. Financial Breakdown Gross Rent: £8,415.00 Net income: £3,386.08 Gross yield: 21.04% Net yield: 8.47% 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-08016

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