Studio for sale in Liverpool L3, 0 Bedroom

Rented 2017/18
£145pppw
Service Charge: £9.01 per sqft
Ground Rent: £250pa
999 years

Close to all the shops, bars, restaurants and cultural amenities synonymous with Liverpool, residents of X1 The Edge are just a short journey away from everything this dynamic city has to offer, as well as its ample transport links.

Unsurprisingly, X1 The Edge is a highly popular student development with its target demographic, boasting a 100% tenant retention rate year-on-year. This is thanks to the site's stunning private residences, as well as the addition of ample communal areas for its tenants to enjoy, relax and socialise, including common rooms and even a private gym.

Furthermore, tenants of X1 The Edge are enamoured with the development's close proximity to the city's major universities, including Liverpool John Moores, The University of Liverpool, and Liverpool Hope, meaning that X1 The Edge ticks every box.

Financial Breakdown

Gross rent: £6,375
Ground rent: £250
Service charge: £1,260
Lettings fees: £612
Net income: £4,253
Gross yield: 10.28%
Net yield: 6.86%

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-9794