Studio for sale in Liverpool L3, 0 Bedroom

Rental Assurance until 2019: £3996

Booked on 48 week contract 18/19
£126pw =£6,048
Service Charge = Approx £1,600
Annual Ground Rent = £250
Property Management = £580
Net Income = £3,618
Net Yield = 7.24%

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 offering students luxury accommodation.

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.

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: £6,048
Ground rent: £250
Service charge: £1,600
Lettings fees: £484
Net income: £3,714
Gross yield: 12.11%
Net yield: 7.44%

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-10755