For Sale1 Bedroom Studio Flat in 2 Great Homer Street, Liverpool, L5 3LD£42,000

*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