Initial price	£65,000
08/11/23	£64,000
15/06/24	£60,500
Price Change	-6.92%

Liverpool is a vibrant city in northwest England, renowned for its rich culture, thriving nightlife, and a student population that contributes to its dynamic atmosphere. The city's five universities attract thousands of students each year, creating a high demand for purpose-built student accommodation (PBSA). Granite House, a new investment opportunity in Liverpool's L1 postcode, is a Grade-II listed building on Stanley Street that is being transformed into a boutique student accommodation development. Situated in the heart of the city, it is within walking distance to the bustling city center, Liverpool One Shopping complex, The Albert Dock, and several university campuses, making it an ideal location for students. The area also benefits from excellent transport links, with Liverpool Lime Street railway station and bus stations nearby. The development will feature 39 modern self-contained studio apartments, each with an integrated kitchen, en-suite bathroom, and high-quality furnishings, offering students the comfort and privacy of their own space. Residents will have access to communal facilities including a resident's lounge with TVs, a games area with pool tables, and a fitness gym, enhancing the student living experience. With an assured income of 8.3% NET for the first two years and a completion date set for Q3 2018, Granite House presents a compelling investment opportunity in a city with a proven track record of strong rental yields and capital growth potential. Given its prime location and the limited number of apartments available, this development is expected to attract significant interest from investors. Interested parties are encouraged to act swiftly to secure their investment in this exciting project.