Available  

Studio For Sale

Parker Street, Liverpool L1

L1 1DJ, Parker Street, Liverpool, L1, Liverpool

Sale Price: £72,000

Listed 15 days ago and may not be available Listed on 12/1/2014

 102-104 St. Aldates, Oxford, OX1 1BT

Parker Street, Liverpool L1

Property Summary:

Studio
-- Bed(s)
1 Bath(s)
interested in this property.
 

Property description

Vacant since the 1980’s, planning consent has been granted for conversion of the upper floors and the addition of a rooftop extension, enabling stunning panoramic skyline views to be enjoyed from floors 5, 6 and 7.

Boasting a generous open plan layout displaying luxury features of the highest quality, the fully managed apartments will provide a pleasant and contemporary atmosphere ideal for young professionals working in the City and first time buyers alike. Furniture packages are included on the first 20 units reserved as well as on-site 24/7 concierge services.

With prices from just £64, 950 for a studio suite rising to £99, 950 for a 1 bedroom apartment, 6%
net yield assured for 5 years, mortgage finance ltv of 60%+ and management included, Parker Street offers investors an affordable, hands off and profitable entry into the lucrative UK buy-to-let market.

With rental yields in the Capital having flatlined, according to the Sunday Times, investors must now look further afield to the UK’s second tier cities for lucrative opportunities. A recent report by bm Solutions, part of the Halifax group, identified the northwest as the best region for buy-to-let returns.

Indeed, with 51% of housing stock in Liverpool being in the rented sector and over £20 million worth of private rental income generated monthly, according to data from Direct Line for Business, it is no wonder that The Daily Telegraph named the city a top buy-to-let location for 2014.