X1 Arndale House is a beautifully refurbished student development in Liverpool City Centre. The development offers double en-suite rooms and studios, furnished to the highest standards offering students luxury accommodation.
The building benefits from a wide range of communal facilities such as kitchens, a fully kitted out gymnasium, bike storage and communal lounges with sky television, all of which are freely available to residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station (including free WiFi throughout) and ample storage space.
The location is perfect for students as the development is just a five minute walk to Liverpool Lime Street station and within quick reach of all the main university campuses.
Liverpool is 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. The demand for student accommodation is not slowing down in the area as well as there being a 2.2% rise in applications of overseas students.
With the increasing demand for student accommodation, now is the perfect time to invest to see great returns.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Gross rent: £6,288 Ground rent: £250 Service charge: £2,011 Lettings fees: £604 Net income: £3,423 Gross yield: 14.29% Net yield: 7.78%
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.