**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
We are pleased to present this student investment opportunity in the heart of Liverpool's City Centre.
This is a large single room situated in a 6 bedroom student apartment, comprising of a fully fitted modern kitchen and dining area, 4 bathrooms, ample storage space and intercom access situated in the X1 Borden Court development.
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.
There is a real shortage of student accommodation in a city that boasts many higher education offerings. It is no wonder that X1 Borden Court is so popular with its students! This has led to a lucrative situation for investors with excellent yields and easy instant returns.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Gross rent: £4,800
Ground rent: £200
Service charge: £2,074
Lettings fees: £461
Net income: £2,065
Gross yield: 15%
Net yield: 6.45%
*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-12696