Studio flat for sale

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Studio flat for sale

213 Block C, 3 Wolstenholme Square, Liverpool, L1
£60,000

Our Summary

  • Investment Opportunity - City Centre Location - In demand modern studios rented from £625pcm - £675pcm - Yields between 8 - 9%
  • In 2023 Liverpool’s housing market stayed strong despite a 2% decrease on house prices from March 2023 to February 2024, Now halfway into 2024 the housing market is showing signs of steadiness and growth, offering potential benefits to investors

Description

This investment opportunity offers a lucrative chance to invest in a newly built development of modern studios in the heart of Liverpool's city centre. The 470 studio apartments and 20 one-bedroom apartments are rented out at £625-£675 per month, generating yields between 8-9%. The development features luxurious amenities such as 24-hour concierge service, roof terraces, bicycle storage, and communal laundry rooms. The property is situated near Liverpool One, Albert Dock, and the Baltic Triangle, offering easy access to shops, restaurants, and bars. Liverpool's property market has shown robust growth, with house prices surging by 41% over five years, and predictions suggest prices could surge another 20% by 2026. The city's strong economy, improved connectivity, and increased demand from young professionals and students make it an attractive location for investors. With average rental yields at a six-year high, this investment opportunity is not to be missed.