Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Studio for sale

Young Village, 19 Wright Street, Liverpool L5

  • Sold subject to contract
  • Investment

£20,000

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 12 page views

Since listed: 359 page views

Description

This self-contained studio offers students ample private space, offered fully furnished including a bed, en-suite bathroom and study area. There are kitchens and communal lounges on each floor as well as a high-speed internet connection, double glazing and electric heating. Additionally, the development boasts communal areas including a laundry room, bicycle storage and a fully-equipped entertainment lounge, making Young Village an extremely popular accommodation choice for students and professional alike.

Young Village is ideally located within walking distance to both of Liverpool's top universities and the city centre itself, alongside all of the attractions that Liverpool has to offer including countless bars and restaurants, the Liverpool One Shopping Centre the famous Albert Docks and Liverpool's excellent transport links via the city centre's two main train stations.

Liverpool is now one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in demand. The amount of students flocking to this area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation. Equally low cost accommodation with easy access to the city centre is sought after by professionals. This has led to a situation where there are excellent yields for investors to be had, making Young Village an investment opportunity not to be missed!

Financial Breakdown

Gross rent: £4,420
Ground rent: £150
Service charge: £2,092
Lettings fees: £424
Net income: £1,753
Gross yield: 22.1%
Net yield: 8.77%

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-13237

You could get

Superfast broadband Superfast broadband

Up to 79.6 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sandhills 0.7 miles
  • Moorfields 0.9 miles
  • The Trinity Catholic Primary School 0.2 miles
  • Millstead School (SEN) 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sandhills 0.7 miles
  • Moorfields 0.9 miles
  • The Trinity Catholic Primary School 0.2 miles
  • Millstead School (SEN) 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in L5:

  • £92,610
  • Price decrease

  • -£5,440
  • (-5.548%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £90,298
  • Properties sold

    23

Rental opportunities

£351 pcm

Recent sales nearby

See all recent sales in L5
Switch to next tab

Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In association with

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

The results are not provided by HSBC UK Bank plc and do not represent any particular mortgage product. Results are only indicative based on a repayment mortgage and are based solely on your inputs into the calculator. The monthly payments will depend on the product and repayment term you choose. Zoopla receive payment from HSBC UK Bank plc for this calculator and introductions resulting in decisions in principle.

The Developer

Price history

Sold prices provided by Land Registry
8th Mar 2019 £20,000 Price reduced by £2,000
15th Feb 2019 £22,000 First listed

Want an expert valuation of your home?

Book an agent valuation
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.