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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom

Listing view statistics

Last 30 days: 77 page views

Since listed: 1294 page views

Description

Built by an experienced and award-winning developer X1, this double bedroom studio apartment with en suite at X1 The Edge in Liverpool is a great investment opportunity for both experienced investors or 1st time buyers!

Close to all the shops, bars, restaurants and cultural amenities synonymous with Liverpool, residents of X1 The Edge are just a short journey away from everything this dynamic city has to offer, as well as its ample transport links.

Unsurprisingly, X1 The Edge is a highly popular student development with its target demographic, boasting a 100% tenant retention rate year-on-year. This is thanks to the site's stunning private residences, as well as the addition of ample communal areas for its tenants to enjoy, relax and socialise, including common rooms and even a private onsite gym.

Furthermore, tenants of X1 The Edge are enamoured with the development's proximity to the city's major universities, including Liverpool John Moore's, The University of Liverpool, and Liverpool Hope, meaning that X1 The Edge ticks every box.

Demand for shared student accommodation is growing due to rising numbers of students attending the three universities in Liverpool. Last year, there were 60,000 students studying in Liverpool, up 20% on the previous year and it is expected the numbers will rise again this year. It is estimated that 60% of these students require accommodation. This makes for a lucrative investment opportunity with longevity for many years to come.

Enquire now not to miss out on this great opportunity in Liverpool.

Financial Breakdown

Assured rent: £4,396
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £4,396
Assured until: Aug 2020
Assured yield: 8.29%

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.

Yieldit ref: Yl-12771

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Liverpool Lime Street 0.2 miles
  • Liverpool Central 0.4 miles
  • Pleasant Street Primary School 0.3 miles
  • St Nicholas's Catholic Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Liverpool Lime Street 0.2 miles
  • Liverpool Central 0.4 miles
  • Pleasant Street Primary School 0.3 miles
  • St Nicholas's Catholic Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in L3:

  • £177,566
  • Price decrease

  • -£2,011
  • (-1.120%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £164,066
  • Properties sold

    128

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in L3 is currently:

£615 pcm

Recent sales nearby

See all recent sales in L3
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
24th Jun 2019 £53,000 Price reduced by £1,950
9th Jan 2019 £54,950 Price reduced by £5,000
10th Oct 2018 £59,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.