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Full Details for 1 Bedroom Flat for sale in Liverpool, L1 :
Marshall Property are excited to offer investment opportunities inside Baltic House, a luxury student accommodation development, offering a rental assurance of 9% NET yield for 5 years.
Baltic House is a cutting edge student development due for completion in Q3 2016 featuring 311 furnished units comprised of three bedroom clusters and three bedroom duplex clusters available to buy.
Liverpool is one of the UK's most popular student cities with 50,000 students accounting for 12% of the population.
The development is located in the heart of the Baltic Triangle on Norfolk Street, Liverpool.
The Baltic Triangle is within easy walking distance of Liverpool One, the University of Liverpool, LJMU, LIPA and Hope University.
With a range of investment opportunities and purchase options for different budgets this is not one to be missed!
Student Pod from £49,950
Unit Size (sq ft) 139.88 Weekly Rental £125 Net Income (p/a) £4,500Gross Yield 13%Net Yield 9%Rental Assurance 9% NET for 5 years
Duplex Apartment from £59,950
Unit Size (sq ft) 161.40 Weekly Rental £150 Net Income (p/a) £5,500Gross Yield 13%Net Yield 9.2%
Purchase Option A
1. Choose a student unit2. Pay a £2000 reservation fee3. Day 1: pay 30% (less £2000) on exchange 4. 31st July: pay 20% (on or before 31/07/2015) 5. 30th September: pay 20% (on or before 30/09/2015)6. Completion: pay 30% (less interest on completion)
Purchase Option B
1. Choose a student unit 2. Pay a £2000 reservation fee3. Day 1: pay 50% (less £2000) on exchange 4. 30th September: pay 20% (on or before 30/09/2015)5. Completion: pay 30% (less interest in completion)