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!
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.
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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.
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