Initial price	£50,000
06/04/24	£42,000
Price Change	-16.00%

This property description details a one bedroom studio apartment located within City Point, a modern student accommodation development in Liverpool. The apartment is currently generating an attractive rental income of £5,355 per annum, with students contracted for 51 weeks of the year. The property offers luxury en-suites, WiFi, and a range of facilities and services, including a communal kitchen, lounge area, and gym. The development is located in a £150 million regeneration zone and offers a 99% occupancy rate, with no stamp duty required. The property is a completely hands-off investment with an on-site management team, and the purchase price is £42,000. The expected net income after all costs is approximately £2,500, with a potential capital appreciation of 14.5% in Liverpool.