Property ID : 4307
For Sale £56,400.00 - Investment Property, Student Property, Studio
FOR SALE STEEL STUDENT ACCOMMODATION LIVERPOOL
An exclusive opportunity to invest in a development of tenanted boutique studio apartments yielding an 8% return.
- Prices from £56,400
- Just 3 Luxury studio’s remaining
- Fully tenanted for 2015-16 Student Year
- Guaranteed Net Yield of 8% for 1st Year
- Only 1 mile from 2 major campuses
An exclusive development of 29 fully tenanted studio apartments in Liverpool, which benefit from a guaranteed NET income of 8% for the first year.
The Steel comprises 29 luxury studio apartments in total, due for completion late 2015. These will be some of the highest spec student/young professional apartments in Liverpool, just a stones throw from the city centre. Demand is very high for this type of accommodation at present and the Steel is fully tenanted for the 2015-16 student year.
We are offering the opportunity to invest into the Steel at an early stage and benefit from a guaranteed 8% NET rental yield for the first year and an anticipated 8% NET per year following on from that.
We have done considerable due diligence for the investment and consider it to be one of the best studio apartment investments in the North West. Having spoken with a number of agents in the local area the rental rates should be easily achievable and provide secure returns for years to come.
The Steel sits in an excellent location, in close proximity to all universities and on the doorstep of the city centre. The area itself is a mix of residential and student property and is not pigeonholed as a location, which is only attractive to students, giving multiple exit strategies.
The Steel is within 1 mile of the two largest university campuses in Liverpool. Along with this it is less than a mile from “the bombed out church” the start and finish of most student nights out! With Albert Docks and Liverpool One shopping centre within a 15 minute walk too, this is going to prove a very popular student destination.
The Purchasing Process
After you have decided this opportunity is of interest to you, please request the brochure, which will be sent to you and outline the investment opportunity in full.
Once we have answered all of your questions, we will guide you through the quick and easy reservation process. A 5% reservation fee becomes payable upon signing the reservation form.
Exchange of contracts will take place once the solicitors are happy with all of the legals, at which point you will be required to pay the remaining 10% deposit minus reservation.
Upon completion the remaining balance becomes payable and you take ownership of the property.