Studio for sale in Liverpool L8, 0 Bedroom

This spacious studio apartment provides the ideal home for both professionals working in the area and students looking for high-end accommodation close to the local universities. This apartment is offered fully furnished and includes a fitted kitchen, bathroom with a 3-piece suite and a large living and dining area. Apartments at X1 The Tower are flooded with natural light, with each apartment having full length windows, creating light and airy living spaces with stunning views of the surrounding city and docks - the perfect environment for residents to relax and unwind. Residents of X1 The Tower also benefit from the communal lounge, a secure entry system and on-site security and maintenance.

The Tower is one of the most sought-after addresses in Liverpool. X1 The Tower is within walking distance of Liverpool’s city centre and Liverpool’s vibrant waterfront. Residents find themselves in the midst of all that the city has to offer; from the famous museums which hold the key to the city’s past, to the thousands of bars, restaurants and shops, of which Liverpool is renowned for. Liverpool also has a significant cultural offering. Destinations such as Albert Dock, the Philharmonic and Europe’s oldest Chinatown have put Liverpool on the map as a City of Culture - an accolade it was awarded in 2008. Residents are able to convene at an area bursting with life, offering a wide array of bars and restaurants, with something for everyone.

Liverpool is regularly named as one of the uk’s best buy-to-let hotspots due to its rapid population growth and lack of high quality housing. More and more people are moving to Liverpool to live and work in this booming city, and high quality rental accommodation such as that provided by The Tower at X1 The Quarter is in extremely high demand. Liverpool also boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer.

Financial Breakdown

Gross rent: £8,400
Ground rent: £250
Service charge: £729
Lettings fees: £806
Net income: £6,615
Gross yield: 7.12%
Net yield: 5.61%

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-13436