- Net yield 8.33%
- Turnkey investment
- Fully tenanted accommodation
- Local to Liverpool University
- 37% ROCE
This is a great turnkey investment for a property investor to start earning from day one. The student accommodation is fully tenanted and can be taken on with or without a management company.
The property itself comprises of two separate flats, each with 9 large double bedrooms, a large communal lounge, a fantastic party kitchen and 3 bathrooms.
This new student accommodation is a great opportunity based a stone's throw from the local university and city centre, the site is a new, clean and well established accommodation in the area for local students which has been running for the last four years.
Croxteth Grove is well located for all universities and the city centre. The perfect location to give the best of all worlds, this house is close to Smithdown Road, within striking distance of the city centre and right next to beautiful Sefton Park.
Croxteth Grove is just a 27 minute walk, 8 minute cycle or 11 minute bus ride from the University of Liverpool campus.
Secured price: £1,000,000
Rental income: £7,722 pcm
Net yield 8.33%
Sourcing fee: 2%