£48,500
Studio for saleOne Islington Plaza, 1 Devon Street L3
1 bath
1 reception
EPC Rating: F
- Leasehold
Yieldit
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About this property
Tenant Investment Opportunity
Generating over 9% net yield
Deluxe Studio
Cash buyers only
EWS1 form
Excellent location
Close by to local amenities
Sold with tenant in situ
One Islington Plaza, 1 Devon Street, L3 8Ha
Yieldit are pleased to announce this deluxe en suite student pod located in the heart of Liverpool’s student district. One Islington Plaza is a stone’s throw away from Liverpool Universities such as University of Liverpool, Liverpool John Moores university and Hope City Campus, Royal University Hospital and central Liverpool.
The block consists of 317 En suite rooms and studio apartments and benefits from communal areas such as; lounges with games tables, media rooms, study areas, fully equipped gym and Pilates studio. All of the studios are fitted with power showers, a study desk, a large bed, ample storage and unlimited access to high-speed Wi-Fi. Residents living in cluster en suite rooms will enjoy a fully fitted communal kitchen and living area with TV shared between 6.
The city of Liverpool itself is a UK buy-to-let hotspot for good reason. The economy is booming, the population is growing at an impressive rate and the universities are world class institutions which attract students from around the world, all of whom are looking for high quality rental accommodation, making now a fantastic time to invest in Liverpool!
This property may fall within a selective licensing area where charges may apply.
Please note, the figures are representative of the current tenancy and not being part of the pooled rental scheme.
Financial Breakdown
Gross Rent: £7,802.00
Net income: £4,042.21
Gross yield: 17.34%
Net yield: 8.98%
Please contact agent for full financial breakdown.
Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08108
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Leasehold (240 years)
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