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Large Studio Student Apartment

Flats / Apartments Property in Liverpool

About Property

Property Lot Number: 155

Lot number: 155
Tenure: Leasehold, Total Lease years: 999
990 years remaining

Sell by the Auction method

Bidding Start Price: £24,000

Buyer instructions: For Legal Pack and other information about this property, visit just-sold dot co dot uk and search Lot number 155. You must register through our website in order to place a bid to buy this flat.

If you have any questions, please email us by filling in the information on property portals.

**KINDLY 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 to apply!

LOCATION:
Unit 3.2, 83-109 Arndale House, Liverpool, L3 8JA

This makes for the perfect investment. There is a real shortage of student accommodation in a city that boasts many higher education offerings. This has led to a situation where there are excellent yields for investors in student accommodation. The location is perfect for students as the development is just a five-minute walk to Liverpool Lime Street station and within quick reach of all the main university campuses.

DESCRIPTION:

An excellent opportunity to invest in Liverpool's ultimate student accommodation development, X1 Arndale House, designed to provide high-end and stylish student accommodation. The development offers double en-suite rooms and studios, furnished to the highest standards offering students luxury accommodation.

Large studio student apartment completed and tenanted till august 2022

The building also benefits from a wide range of communal facilities such as kitchens, a fully
kitted out gymnasium, bike storage and communal lounges with SKY television are available to residents. All rooms are furnished with double beds, en-suite bathroom, LCD TV, work station (including free WiFi throughout), and storage space

Double Ensuite Pod
Guide Price of £28,000
Tenanted for 2020/2021
Let @ £120 per week

Financial Breakdown if managed by a management company

Gross rent: £5,760 (48 weeks *120)
Ground rent: £250
Service charge: £1,871
Net Rental Yield 11%
Management fees: £603

For viewing arrangement, please use just-sold dot co dot uk online viewing system.

If calling, please quote reference: Lot 155

Important Notice:

1. AML (Money Laundering Regulations): Buyers will be required to register themselves with just-sold dot co dot uk as a buyer and clear the compliance checks prior to bidding, placing an offer or buying.

2. The Sales particulars are only a general guide to the property however, we make our sales particular fair and accurate to the best of our knowledge.

3. These particulars do not form any part of any offer or contract. The particulars should be independently verified by the buyers.

General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact us and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets, or any built-in furniture.

Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenants to commission their own survey or service reports before finalising their offer to purchase.


Terms of Sale

Auction Details





Time Left

2021-10-20 10:00

End Date

17-11-2021 17:00

Parking

Outside Space

Heating

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