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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom

Listing view statistics

Last 30 days: 163 page views

Since listed: 163 page views

Description

Built by an experienced and award winning developer X1, this double bedroom studio apartment in Liverpool is a great investment opportunity. X1 The Edge is an extremely popular student development as it is ideally located close to the city’s major universities, including The University of Liverpool, Liverpool Hope and Liverpool John Moores.

It boasts a 100% tenant retention rate year-on year thanks to the fantastic private studio apartments, as well as a good amount of communal areas such as common rooms and a private gym where tenants can relax and socialise. Residents also have access to fantastic facilities such as WiFi and Sky TV so it is easy to see why this is such a popular development.

In addition, X1 The Edge is perfectly located in close proximity to all of the shops, bars and restaurants that are synonymous to Liverpool, meaning that tenants are just a short journey away from everything that this beautiful city has to offer. The city itself has a growing population, in part due to the rising number of students coming from all around the world to study at one of the three universities. Numbers of students are expected to rise each year meaning that there will be a growing demand for accommodation.

This is a prime investment opportunity that definitely shouldn't be missed!

Financial Breakdown

Gross rent: £6,288
Ground rent: £250
Service charge: £1,637
Lettings fees: £604
Net income: £3,798
Gross yield: 12.58%
Net yield: 7.6%

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-14332

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:

  • £181,290
  • Price decrease

  • -£2,035
  • (-1.110%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £170,126
  • Properties sold

    131

Rental opportunities

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

£598 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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How much could I borrow?

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
29th Oct 2019 £50,000 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.