* Leasehold
* City centre location
* Studio apartment
* En - suite
Purplebricks are proud to offer this student studio apartment in The Bridewell
Building with an annual yield of 8%, with a rent guarantee until September
2022. This is a hands off investment, fully managed by a letting management.
Comprising a double bedroom area and a 3 piece en - suite shower room.
The property benefits from a communal lounge/kitchen area.
The building has a 24 hour concierge service with well presented communal
areas a secure post room and a fully equipped gym.
With all three of the cities major universities within walking distance from
The Bridewell. Liverpool John Moores is home to around 25, 000 students and is
only 5 - 10 minutes away, whilst the University of Liverpool and its 30, 000
students can be reached in a further 5 minute walk.
The excessive demand for more developments just like The Bridewell stems from
the fact that these universities only provide a mere 16% of student beds in
Liverpool. With more and more young people selecting Liverpool’s great
culture, history and nightlife for their higher education experience, this is
leaving around 34, 000 students without accommodation.
Although this site is completed and already tenanted, it’s reassuring to know
that there is always going to be a strong and consistent supply of students to
this property. In fact, it boasts a 100% occupancy track record which has been
proven since opening. Out of the 6, 000 student beds currently being built
throughout the city, this one offers the lowest prices, best rental returns
and an unrivalled location.
£1299 rental received per quarter
**Property Ownership Information**
**Tenure**
Leasehold
**Council Tax Band**
B
**Annual Ground Rent**
£250. 00
**Ground Rent Review Period**
No review period
**Annual Service Charge**
£1, 779. 28
**Service Charge Review Period**
No review period
**Lease End Date**
27/08/2264
**Disclaimer For Virtual Viewings**
Some or all information pertaining to this property may have been provided
solely by the vendor, and although we always make every effort to verify the
information provided to us, we strongly advise you to make further enquiries
before continuing.
If you book a viewing or make an offer on a property that has had its
valuation conducted virtually, you are doing so under the knowledge that this
information may have been provided solely by the vendor, and that we may not
have been able to access the premises to confirm the information or test any
equipment. We therefore strongly advise you to make further enquiries before
completing your purchase of the property to ensure you are happy with all the
information provided.

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