Studio flat for sale

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Studio flat for sale

X1 Studios,Plaza Boulevard, Liverpool, L8
£50,000

Our Summary

  • Superb Cash Investment Opportunity

Description

This attractive studio apartment in the Baltic Triangle area of Liverpool is a cash investor's dream, offering a 7% net yield. The property is fully furnished and comes with a fitted kitchenette and ensuite, making it perfect for a tenant. The development is well-maintained and offers excellent on-site facilities, including a gym, games room, cinema room, and laundry room, as well as on-site security. The property is currently tenanted, generating a rental income of £7,540 per annum, with a service charge of £3,272, ground rent of £250, and a letting fee of £723.84. After deducting these costs, the net income is £3,294.16, resulting in a 6.6% net yield. This is a rare opportunity to invest in a high-yielding property in a popular location.