Property description
INVESTORS - 8% NET RENTAL INCOME ASSURED FOR FIRST YEAR. SEPTEMBER 2015 COMPLETION
Select Estate are happy to bring to market The Steel. An exclusive development of 29 studio apartments in Liverpool, which benefit from a guaranteed NET income of 8% for the first year and from our due diligence this income should only increase year upon year going forward.
The Steel comprises 29 luxury studio apartments in total, due for completion in September 2015 these will be some of the highest spec student/young professional apartments, just a stones throw from the city centre in Liverpool. Demand is very high for this type of accommodation at present and the Steel is sure to fill quickly every student year.
The Opportunity
We are offering the opportunity to invest into The Steel at an early stage and benefit from a guaranteed 8% NET rental yield for the first year and an anticipated 8% NET per year following on from that.
We have done considerable due diligence for the investment and consider it to be one of the best studio apartment investments in the North West. Having spoken with a number of agents in the local area the rental rates should be easily achievable and provide secure returns for years to come.
List of Facilities:
32 inch Freeview TV
Queen size bed with mattress
Integrated oven and fridge / freezer
Coin operated commercial washer / dryer
Instant hot water, gas powered
Electric panel heaters operated via energy saving boost buttons
Dining table and 2 chairs
Sofa
Passenger Lift
High speed Wi-Fi internet
Desk / workstation
CCTV on entrances and communal areas
V groove wood floor throughout
Double glazing
Communal lighting on PIR sensors
En suite bathrooms on PIR sensors
Upper Hill Street, Liverpool, Merseyside, L8 8EN, United Kingdom
56,400 GBP
Property Features :
- 8% NET RENTAL INCOME FROM SEP 2015
- 1 YEAR FIXED RENT ASSURED PERIOD
- FULL RESIDENTIAL PLANNING PERMISSION
- STUDIO APARTMENTS