GRANITE HOUSE, Stanley Street... Studio for sale

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GRANITE HOUSE, Stanley Street... Studio for sale

GRANITE HOUSE, Stanley Street, Liverpool, Merseyside, L1
£60,500

Price History

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

Description

Liverpool, a popular student destination, offers a thriving rental market with a huge demand for new purpose-built housing. The city's five universities attract thousands of students each year, drawn to its diverse culture, nightlife, and affordable cost of living. Granite House, a brand new investment opportunity, is a stunning Grade-II listed building in the heart of Liverpool, L1, being re-purposed into a boutique student accommodation development. The building will feature 39 self-contained studio apartments with integrated kitchens and en-suite bathrooms, as well as communal facilities such as a resident's lounge, games area, and fitness gym. Investors can expect an assured income of 8.3% NET for the first two years, making it an attractive opportunity to enter Liverpool's lucrative buy-to-let property market. With only 39 apartments available, this development is expected to sell out quickly, making it essential to act fast to secure a piece of this lucrative investment.