Please note: Images shown are of a show apartment and may not be representative of the property for sale
We are pleased to present this great investment opportunity for a fully self-contained studio located in Young Village, within walking distance to John Moore University and the City Centre. The great location, coupled with fantastic facilities, make ideal for student life in Young Village.
Consisting of 31 self-contained en-suite rooms with access to shared kitchen facilities. There are kitchens and communal lounges on each floor as well as high-speed internet connection, double glazing and electric heating.
This self-contained studio offers students ample private space, offered fully furnished inclusive of a bed, en-suite bathroom and study area.
Liverpool is now one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation.
The attraction of students in the area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation. This has led to a situation where there are excellent yields for investors in shared student accommodation, making Young Village an investment opportunity not to be missed!
Gross rent: £4,420 Ground rent: £150 Service charge: £2,538 Lettings fees: £424 Net income: £1,308 Gross yield: 19.64% Net yield: 5.81%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. 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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.