Studio for sale
Libertas, St. James Street, Liverpool L1
- Sold subject to contract
- Investment
£48,000
Property Listing Details
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Property details
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Last 30 days: 16 page views
Since listed: 336 page views
Description
Presenting a purpose built bespoke mixed student/residential development in Liverpool city centre, offering studio accommodation to students, post graduates and young professionals from all universities and colleges throughout the city and beyond. Located in Baltic Triangle which has been dubbed the "creative quarter" the area offers an exciting range of bars and cafes as well as being just a short walk from the universities, the docklands and Liverpool one shopping centre.
Each studio comes fully furnished with fresh modern furniture, including an Ottoman storage bed, wardrobe, chest of drawers, desk and bedside table. The high gloss fitted kitchen comes complete with single oven, hob and extractor and a fridge. En-suites are fitted with modern chrome shower cubicles and mixer shower. The studios also boast wall mounted LCD flat screen televisions plus wired and wireless connectivity to the internet, as well as secure intercom access.
In addition to the excellently equipped apartments, the building benefits from a communal lounge and pool room, with full Sky TV package. There is also a gym, laundry, secure bike storage, 24 hour on-site help desk and maintenance team.
Liverpool is regularly named as one of the uk’s best buy-to-let hot spots due to its rapid population growth and strong demand for more high quality housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer. The amount of students flocking to this area is also 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 to be had, making this an investment opportunity not to be missed!
Financial Breakdown
Gross rent: £6,192
Ground rent: £250
Service charge: £1,772
Lettings fees: £706
Net income: £3,464
Gross yield: 13.61%
Net yield: 7.61%
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-13960
Each studio comes fully furnished with fresh modern furniture, including an Ottoman storage bed, wardrobe, chest of drawers, desk and bedside table. The high gloss fitted kitchen comes complete with single oven, hob and extractor and a fridge. En-suites are fitted with modern chrome shower cubicles and mixer shower. The studios also boast wall mounted LCD flat screen televisions plus wired and wireless connectivity to the internet, as well as secure intercom access.
In addition to the excellently equipped apartments, the building benefits from a communal lounge and pool room, with full Sky TV package. There is also a gym, laundry, secure bike storage, 24 hour on-site help desk and maintenance team.
Liverpool is regularly named as one of the uk’s best buy-to-let hot spots due to its rapid population growth and strong demand for more high quality housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer. The amount of students flocking to this area is also 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 to be had, making this an investment opportunity not to be missed!
Financial Breakdown
Gross rent: £6,192
Ground rent: £250
Service charge: £1,772
Lettings fees: £706
Net income: £3,464
Gross yield: 13.61%
Net yield: 7.61%
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-13960
You could get
Fast broadband
Up to 17.2 Mbps (Source: Ofcom)
Links for this property
Map & Nearby
Local Amenities
- Liverpool Central 0.5 miles
- Liverpool James Street 0.7 miles
- St Vincent de Paul Catholic Primary School 0.2 miles
- LIPA Primary School 0.2 miles
Market stats
Sale activity
Average estimated value for a flat in L1:
- £150,830
-
Price decrease
- -£1,710
- (-1.121%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£121,386 -
Properties sold
86
Rental opportunities
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Flat
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Estimated running costs
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The Developer
Price history
Sold prices provided by Land Registry
19th Aug 2019
£48,000
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.
