What makes this development a perfect student hub is its highly desirable location, just a short walk to the shops, bars and restaurants of the city centre, as well as within walking distance of all three of the city’s major universities. The University of Liverpool, Liverpool John Moores University and Liverpool Hope are all within a ten-minute walking radius from the development, meaning that such a central location is a massive selling point for its student tenants.
Furthermore, the development is highly popular with its student demographic because of the communal areas within Borden Court—tenants now have a comfortable and safe place to work, play and socialise. It is no wonder that Borden Court is so popular with its students!
Gross rent: £4,845
Ground rent: £200
Service charge: £1,687
Lettings fees: £388
Net income: £2,570
Gross yield: 10.77%
Net yield: 5.71%
*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-12249
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