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Plato House, 11 Greek Street... Studio for sale
Plato House, 11 Greek Street, Liverpool, L3
£2,450,000
Plato House, 11 Greek Street, Liverpool, L3
£2,450,000
Our Summary
- Prime Investment Opportunity – High Yield & Strong Performance35 units (Studio flats)
- Investment opportunity
Description
This prime investment opportunity offers a high-yielding and stable return in the thriving Purpose-Built Student Accommodation (PBSA) market. The 35-unit studio flat property, known as Plato House, boasts a 7.18% net yield, with a long leasehold of 999 years from January 2015. The property is fully managed, providing a secure and predictable income stream. Each studio is modernly designed with private kitchenette, en-suite bathroom, study desk, and high-speed WiFi, as well as access to communal areas. With a ground rent of £560 per annum per unit, service charge of £2,100 per annum per unit, and a management fee of 9% of gross rental income, this investment is an excellent addition to any portfolio, particularly for those seeking PCV-protected student properties.