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SOLD STC

Great Homer Street, Liverpool L5 3LD

Key features

  • Generate instant income
  • Buy-to-let student property investment
  • 7.25% NET yield
  • Popular student development
  • Studio apartment
  • Fully furnished
  • Excellent location
  • 15 minute walk to University
  • Great transport links

Description

A beautifully presented studio apartment, with double bed, working station and three piece bathroom. City Point is a blend of modern design and spacious student accommodation and is located on the Great Homer Street, Liverpool. It offers contemporary student living, close to the city centre and is a leisurely 15 minute stroll to Liverpool John Moores university and a 20 to 30 minute walk for students enrolled in the University of Liverpool. With 159 exquisite bedspaces across 6 floors. Equipped with a cycle store, residents gym, laundry facility and en-suite bathrooms.

City Point is within walking distance of both Liverpool’s city centre and its vibrant waterfront. Residents will find themselves in the midst of all that the city has to offer; from the famous museums which hold the key to the city’s past, to the thousands of bars, restaurants and shops, of which Liverpool is renowned for. Liverpool also has a significant cultural offering. Destinations such as Albert Dock, the Philharmonic and Europe’s oldest Chinatown have put Liverpool on the map as a City of Culture - an accolade, which was awarded in 2008. It's easy to see why Liverpool is a global hub for a multitude of tourists, residents and professionals. In addition to being a major tourist hub, the city is also a centre for commerce, being home to over 3,000 businesses and Liverpool ONE - the fifth largest retail centre in the UK.

Financial Breakdown

Gross rent: £4,554
Ground rent: £250
Service charge: £1,312
Lettings fees: £454
Net income: £2,538
Gross yield: 14.23%
Net yield: 7.93%

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-17759

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Great Homer Street, Liverpool L5 3LD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Liverpool Lime Street Station0.7 miles
  • Moorfields Station0.8 miles
  • Liverpool Central Station0.9 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-17759. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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