Built by experienced and award-winning developers X1, this double bedroom studio apartment in Liverpool is a great investment opportunity. X1 The Edge is a popular student development located close to the University of Liverpool, Liverpool John Moores and Liverpool Hope. It is an extremely high-demand development, boasting a 100% tenant retention rate year-on year.
X1 The Edge is located close to a multitude of shops, bars, restaurants and cultural amenities synonymous with Liverpool meaning that everything the city has to offer is easily accessible. It is also in close proximity to a number of public transport links making it extremely easy to travel around the city.
The demand for this type of accommodation is rising due to the increasing number of students attending the three universities and numbers are expected to rise once again this year. It is estimated that 60% of students will require accommodation, making X1 The Edge a lucrative investment opportunity with longevity for years to come.
Liverpool is a booming market for buy-to-let investors looking to increase their student accommodation portfolio. More than 50,000 students live in the city and many of these students cannot be housed in campus accommodation, creating incredibly high demand for developments such as The X1 The Edge. This is good news for investors and makes Liverpool a national buy-to-let hotspot!
Assured rent: £4,393 Ground rent: Included* Service charge: Included* Lettings fees: Included Assured income: £4,393 Assured until: Aug 2020 Assured yield: 9.06%
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.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
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.