Studio for sale in Liverpool L5, 0 Bedroom

This self-contained studio offers students ample private space, offered fully furnished including a bed, en-suite bathroom and study area. There are kitchens and communal lounges on each floor as well as a high-speed internet connection, double glazing and electric heating. Additionally, the development boasts communal areas including a laundry room, bicycle storage and a fully-equipped entertainment lounge, making Young Village an extremely popular accommodation choice for students.

Young Village is ideally located within walking distance to both of Liverpool's top universities and the city centre itself, alongside all of the attractions that Liverpool has to offer including countless bars and restaurants, the Liverpool One Shopping Centre the famous Albert Docks and Liverpool's excellent transport links via the city centre's two main train stations.

Liverpool is now one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The amount of students flocking to this area is great news for investors, as over 70% of students in Liverpool need to look for private accommodation. This has led to a situation where there are excellent yields for investors in shared student accommodation, making Young Village an investment opportunity not to be missed!

Financial Breakdown

Gross rent: £4,080
Ground rent: £150
Service charge: £2,092
Lettings fees: £392
Net income: £1,446
Gross yield: 18.55%
Net yield: 6.57%

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-13237