Studio for sale in Bridgewater Street, Liverpool L1

Bridgewater, 3C Bridgewater St Liverpool L1 0Ar

Yieldit are pleased to present this high yielding low maintenance investment property in the heart of Liverpool’s creative quarter, the Baltic triangle. With market rate rents of £660 pcm representing an incredible 8.5% net return at the asking price and experienced management company in place, this is an investment opportunity not to be missed.

Located on the first floor of the Bridgewater development, this spacious self-contained studio contains fully-fitted kitchenette; double bed; ensuite shower room; wardrobe and Juliette balcony. The development benefits from lift access and secure intercom entry. The Bridgewater development is suitable for both working professionals and students, so there is ever increasing demand for this kind of property in this convenient location and this will make a fantastic addition to an investors portfolio.

Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for more high quality housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer. The large number of professionals moving to live and work in Liverpool are looking for luxury rental accommodation and are willing to pay a premium for it. The city has recently unveiled a multi-billion pound innovation plan to invest 5% of it’s economy on Research and Development by 2030, which is nearly double the UK’s target and would result in the creation of 44,000 jobs and add £41.7billion to the economy

Financial Breakdown

Gross Rent: £7,920.00
Net income: £3,820.37
Gross yield: 17.6%
Net yield: 8.49%
Please contact agent for full financial breakdown.

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-07811