**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!
X1 Arndale House is a beautifully refurbished student development in Liverpool City Centre. The development offers a range of double en-suite rooms and studios, furnished to the highest standards to offer luxury student accommodation.
The property comprises of a wide range of communal facilities including kitchens, a fully kitted out gymnasium, bike storage and communal lounges with sky television available to residents. All rooms are furnished with double beds, an en-suite bathroom, an LCD TV, suitable work station (including free WiFi throughout) and storage space.
Liverpool is one of the uk’s best markets for buy-to-let investors looking to take advantage of the boom in luxury student accommodation. The attraction of students in the area is great news for investors, as over 70% of students in Liverpool must look for private accommodation, making X1 Arndale House a fantastic student investment opportunity.
The development is just a five minute walk to Liverpool Lime Street station and within a short distance from all the main university campuses.
Gross rent: £4,680
Ground rent: £250
Service charge: £1,391
Lettings fees: £530
Net income: £2,509
Gross yield: 11.7%
Net yield: 6.27%
*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-14706