£33,000
Studio for sale
City Point, 2 Great Homer Street, Liverpool L5Leasehold
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (239 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Generate immediate income
Buy-to-let student property investment
7.37% Net Yield
Popular student development
Third floor studio
Fully furnished
Excellent location
15 minute walk to University
City Point, 2 Great Homer Street, Liverpool L5 3Ld
A beautifully presented student room, with double bed, working station and three piece bathroom. City Point is a blend of modern design and spacious student accommodation and is located on the Great Homer Street, Liverpool. It offers contemporary student living, close to the city centre and is a leisurely 15 minute stroll to Liverpool John Moores university and a 20 to 30 minute walk for students enrolled in the University of Liverpool. With 159 exquisite bedspaces across 6 floors. Equipped with a cycle store, residents gym, laundry facility and en-suite bathrooms.
City Point is within walking distance of both Liverpool's city centre and its vibrant waterfront. Residents will find themselves in the midst of all that the city has to offer; from the famous museums which hold the key to the city's past, to the thousands of bars, restaurants and shops, of which Liverpool is renowned for. Liverpool also has a significant cultural offering. Destinations such as Albert Dock, the Philharmonic and Europe's oldest Chinatown have put Liverpool on the map as a City of Culture - an accolade, which was awarded in 2008. It's easy to see why Liverpool is a global hub for a multitude of tourists, residents and professionals. In addition to being a major tourist hub, the city is also a centre for commerce, being home to over 3,000 businesses and Liverpool one - the fifth largest retail centre in the UK.
Please note: The figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.
Financial Breakdown
Gross Rent: £5,355.00
Net income: £2,431.11
Gross yield: 16.23%
Net yield: 7.37%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07897
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