Studio 42

Pure Investor are delighted to present Flat 42, located on the 5th Floor at the L1 Building, located in the extremely popular Baltic Triangle. A recently converted warehouse dating back to the 1900s, the L1 Building has a variety of studio flats for students with views of Liverpool city centre and the river Mersey. The L1 Building has a large communal space including a games room with pool table, table football and Sky TV, plus a large lounge/cinema room. There is also a gym which is free to use, laundry and secure bike storage.

Located on Jamaica Street in the centre of the Baltic Triangle, there is a small but vibrant and thriving selection of individual bars, cafes and nightlife venues to tempt you after a hard day at University. However, the location offers a quieter alternative to living right in the centre of the city but still only 10 minutes walk from the University Campus and 6 minutes from LIPA.

Investment Highlights
Priced at £43,000
Generating an 8.5% rental return
Completed and operational development
Perfectly located for students
Located in the Baltic Triangle which has been dubbed the “creative quarter” and in the top 10 of the hippest places to live in the UK
Large studios with plenty of space
Array of onsite facilities

Studio 42 – Guide Price of £43,000.00
Tenanted at £650.00 per month (12 months)
Estimated annual gross rental income = £7,800.00
Service charge – £2,887.78
Ground rent – £374.00 per annum
Lettings fee – 9.5% plus VAT (£889.20)
Estimated net rental income = £3,649.02
Estimated net rental yield = 8.5%

Onsite Facilities
On-site laundry
Communal lounge and cinema room
Games room
Gymnasium
Secure bike storage
24 hour security