Studio for sale in 2 Great Homer Street, Liverpool L5

*Completed and Tenanted Student Properties*
*99% Occupancy Rate*

A completed and tenanted student development near the city's main universities, these premium en-suite apartments provide for an excellent student experience. Right next to the £150 Project Jennifer scheme, these properties are consistently generating 6-7% rental returns in an area with a strong capital growth forecast.

A great investment opportunity to purchase this one bedroom studio apartment, located within City Point - a modern development dedicated to student accommodation. The property is currently achieving an attractive rental income of £5,355PA (£115 per week). Students are contracted for 51 weeks per year, providing income all year around. This is a completely hands off investment with an on-site management team.

City Point is a student housing development in Liverpool that offers luxury en-suites. This en-suites room feature a three-quarter double bed, an en-suite bathroom, an LCD TV, a desk and a chair, a wardrobe, and shelves. The property offers many facilities and services. The facilities include WiFi, all-inclusive bills, a communal kitchen, a lounge area, and a gym. Other services include cycle storage, laundry facilities, lift access, and free car parking.

With a student population of over 55,000 and counting, the need for quality, purpose-built student accommodation in central Liverpool has never been greater. City Point provides a comfortable and secure place for students to live during their time at university and is a short walk from the city's main college campuses.

Investment overview

* 6% Rental Return
* £42,000 Purchase Price
* £115 Per Week Rental Income
* £2,500 approx. Net Income After All Costs
* No Stamp Duty Required
* 99% Occupancy Rate
* £150 Million Regeneration Zone
* 14.5% Capital Appreciation In Liverpool
* Excellent Onsite Facilities
* Leading Developer
* 250-Year Leasehold

* 10-Minute Walk to ljmu
* 20-Minute Walk to the University of Liverpool

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£250.00

Ground Rent Review Period

No review period

Annual Service Charge

£1,853.00

Service Charge Review Period

No review period

Lease End Date

21/12/2262

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.