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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold

Listing view statistics

Last 30 days: 174 page views

Since listed: 174 page views

Description

Property Ref: 5481

Excellent investment Opportunity, Large studio student apartment tenanted - can be easily managed by the investor!

An excellent opportunity to invest in Liverpool's ultimate student accommodation development, X1 Arndale House, designed to provide high end and stylish student accommodation

The development offers double en-suite rooms and studios, furnished to the highest standards offering students luxury accommodation.

The building also benefits from a wide range of communal facilities such as kitchens, a fully kitted out gymnasium, bike storage and communal lounges with sky television are available to residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station (including free WiFi throughout) and storage space.

This makes for the perfect investment as There is a real shortage of student accommodation in a city that boasts many higher education offerings. This has led to a situation where there are excellent yields for investors in student accommodation.

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.

Double Ensuite Pod
Guide Price of £48,000
Approximate yield: 7.1% net
Tenanted for 2019/20 and ongoing after that through the management company.
48 week let @ £131 per week.

Financial Breakdown if managed by a management company.
Gross rent: £6,288
Ground rent: £250
Service charge: £2,082
Management fees: £603
Net income: £3,352
Gross yield: 13.25%
Net yield: 7%

Financial Breakdown if managed by the investor.
Gross rent: £6,288
Ground rent: £250
Service charge: £2,082
Management fees: £0
Net income: £3,956
Gross yield: 13.25%
Net yield: 8.3%

*Want to sell the flat, as I no longer plan to return to the UK and can't manage the flat remotely. This flat is ideally managed by an investor who lives in the UK or Europe. Pls email me for any questions you may have.

Property Ref: 5481
For viewing arrangement, please use 99home online viewing system.

If calling, please quote reference: 5481

gdpr: Applying for above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property related information. If you disagree, please write to us in the message so we do not forward your details to the vendor or landlord or their managing company.

Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing on the sale.

General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99ome and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.

Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenant to commission their own survey or service reports before finalizing their offer to purchase.

Disclaimer: 99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.

You could get

Superfast broadband Superfast broadband

Up to 40 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Liverpool Lime Street 0.3 miles
  • Liverpool Central 0.5 miles
  • St Nicholas's Catholic Primary School 0.3 miles
  • Pleasant Street Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Liverpool Lime Street 0.3 miles
  • Liverpool Central 0.5 miles
  • St Nicholas's Catholic Primary School 0.3 miles
  • Pleasant Street Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in L3:

  • £176,890
  • Price increase

  • £3,184
  • (1.833%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £161,809
  • Properties sold

    136

Rental opportunities

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

£611 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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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 Agent

Price history

Sold prices provided by Land Registry
8th Jan 2020 £48,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by 99Home Ltd. 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 99Home Ltd for full details and further information.