We are pleased to offer this investment opportunity with this double en-suite room in the exquisitely renovated student development in Liverpool City Centre – X1 Arndale House.
The double en-suite is situated on the 1st floor of the building and is offered fully furnished to the highest specification, keeping with the contemporary interior of the building. The room includes double beds, en-suite bathroom, LCD TV, work station (including free Wi-Fi throughout) and storage room.
X1 Arndale House is extremely popular amongst students and boasts 100% occupancy for 2018/19, which is no surprise as it contains a wide range of luxury facilities appealing to the student demographic. The development features large integrated fitted kitchens, a fully equipped gymnasium, bike storage and communal lounges with sky television, all accessible to residents.
The development is conveniently placed just a five-minute walk to Liverpool Lime Street station and within swift reach of all the primary university campuses. Liverpool is one of the most popular student cities in the UK, with over 22,000 students studying in Liverpool from The University of Liverpool alone. Many of these students cannot be housed in campus accommodation and as such developments like X1 Arndale House are in high demand.
The development is let and managed by award-winning and experienced X1 Lettings which means your investment is in safe hands. Tenanted for immediate income from day one of the investment, this is not an opportunity to be overlooked.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Gross rent: £6,048 Ground rent: £250 Service charge: £2,027 Lettings fees: £580 Net income: £3,191 Gross yield: 12.1% Net yield: 6.38%
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.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
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.