Studio for sale
X1 Arndale House, London Road, Liverpool L3
- Investment
£40,000
Property Listing Details
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Property details
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Last 30 days: 51 page views
Description
X1 Arndale House is a beautifully refurbished student development in Liverpool City Centre. The development offers double en-suite rooms and studios, furnished to the highest standards and providing students with luxury accommodation.
Apartments come with a wide range of communal facilities such as kitchens, a fully kitted out gymnasium, bike storage and communal lounges with sky television available to residents. All rooms are furnished with double beds, an en-suite bathroom, an LCD TV, a work station (including free WiFi throughout) and storage space.
Liverpool is one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The attraction of students in the area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation making X1 Arndale House a great student investment not to be missed.
The development is perfectly placed just a five minute walk to Liverpool Lime Street station and within quick reach of all the main university campuses.
Financial Breakdown
Gross rent: £5,280
Ground rent: £250
Service charge: £2,036
Lettings fees: £604
Net income: £2,391
Gross yield: 14.08%
Net yield: 6.38%
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-14971
Apartments come with a wide range of communal facilities such as kitchens, a fully kitted out gymnasium, bike storage and communal lounges with sky television available to residents. All rooms are furnished with double beds, an en-suite bathroom, an LCD TV, a work station (including free WiFi throughout) and storage space.
Liverpool is one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The attraction of students in the area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation making X1 Arndale House a great student investment not to be missed.
The development is perfectly placed just a five minute walk to Liverpool Lime Street station and within quick reach of all the main university campuses.
Financial Breakdown
Gross rent: £5,280
Ground rent: £250
Service charge: £2,036
Lettings fees: £604
Net income: £2,391
Gross yield: 14.08%
Net yield: 6.38%
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-14971
You could get
Superfast broadband
Up to 40 Mbps (Source: Ofcom)
Links for this property
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
Market stats
Sale activity
Average estimated value for a flat in L3:
- £144,463
-
Price increase
- £2,849
- (2.012%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£174,968 -
Properties sold
75
Rental opportunities
£490 pcmRecent sales nearby
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1st Oct 2020
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Flat
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30th Apr 2020
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25th Mar 2020
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Flat
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Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £47 p/m
- Water from £28 p/m
- Council tax £117 p/m
- Home insurance Not known
Mortgage calculator
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The Developer
Price history
Sold prices provided by Land Registry
18th Mar 2020
£40,000
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.
