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17 bedroom block of apartments for sale
Colemans Fireproof Despository,114 - 124 Northumberland Street, Liverpool, L8
£1,031,000
Colemans Fireproof Despository,114 - 124 Northumberland Street, Liverpool, L8
£1,031,000
Price History
Initial price | £1,118,572 |
13/02/24 | £1,120,000 |
04/05/24 | £1,300,000 |
03/10/24 | £1,260,000 |
22/02/25 | £1,031,000 |
Price Change | -7.83% |
Description
Urban Evolution presents a fully let portfolio of 17 unique, modern studios with varying rent prices ranging from £550 to £725 per calendar month, generating an annual net rent of approximately £92,000, equivalent to a 9% net yield. The development is consistently in high demand, with a mix of working professionals and higher-level students as tenants. The annual service charge is £1,814.32 and ground rent is £350.00, providing a stable and profitable investment opportunity.