Fully operational student accommodation in Liverpool, offering an assured rental of 8% per year for two years.
A completed and operational student accommodation development on the edges of Liverpool City Centre.
Developed in 2014 by the Caro Group, the development contains 159 high spec student bedrooms ideal for both the undergraduate and mature student market.
The rooms are arranged in clusters of between 4 and 9 bedrooms with communal living and kitchen facilities for each cluster. Each room has an en-suite shower room with power shower, double bed, flat screen TV, high speed broadband and study desk. On-site facilities include resident’s gym, laundry room, cycle storage, secure car parking, full time concierge and CCTV security.
The development is managed by Caro Lettings, a well-established operator who have managed the building since completion in 2014. Caro are one of Liverpool’s leading letting companies with over 450 units under management across the city and have achieved an average occupancy of above 98% in this development over the past 4 years.
The units are priced at £59,995 and there is an assured rental return of 8% NET for the first 2 years. The rental return is a NET return and paid after all deductions for service charges, ground rent and all other expenses.