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City Point, Great Homer Street... 2 bed house share for sale
City Point, Great Homer Street, , Liverpool L5
£100,000
City Point, Great Homer Street, , Liverpool L5
£100,000
Our Summary
- Investment Opportunity - 2 En Suite PBSA Units at City PointOffers Over £100,000 | Gross Yield 11%+ | Net Yield 6%Property OverviewSecure your stake in Liverpool's thriving student accommodation market with this rare chance to acquire two fully-let en suite rooms at the highly popular City Point development
- Key DetailsTwo units: 418 & 420Current rent: £480pcm per unit (£960pcm combined)Charges Service and building charge: £180pcm per unit Management: 10% at £48 per unit Ground rent at £300pa - £25pcm Total charges per unit at £253Net rent after charges = Circa £227Net rental income: £600pcm (£7,200pa) after all fees (excluding maintenance)Tenancy secured until July 2026Cash purchase onlyHighlights of City Point PBSABuilt 2019 - attractive, modern complexEn suite bedrooms with clever storage solutions6 rooms per shared kitchenFully managed on your behalf - all charges includedPopular with students, strong local demandAnnual rent increases offer potential for higher returnsFinancial SummaryGross yield: 11%+Net yield: 7
- 2%Offers over £100,000Ideal ForInvestors seeking a high-yield, hands-off student property investment with fixed income until 2026 and excellent growth potential
Description
This is an investment opportunity to purchase two fully-let en suite rooms at City Point, a purpose-built student accommodation (PBSA) development in Liverpool. The property was built in 2019 and offers modern facilities, strong tenant demand, and hands-off management. The two units, 418 and 420, are currently generating a combined rental income of £960 per month, with a net rental income of £7,200 per year after all fees. The property is fully managed on behalf of the buyer, and the tenancy is secured until July 2026. With a gross yield of 11%+ and a net yield of 7.2%, this is an attractive investment opportunity for those seeking reliable returns. The property is available for cash purchase only, with offers over £100,000 being considered.