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For Sale 1 Bedroom 1 Bathroom 1 Reception From £62,950

Devon Street, Liverpool, L3 - From £62,950

  • Buy-To-Let Investment Opportunity
  • Student Studios & Ensuite Units From £62,950
  • 8% Assured Rental Return for 3 Years
  • 250 Years Leasehold
  • Handsfree Investment - fully managed

LIVERPOOL STUDENT LETS

One Islington Plaza is the latest student development located in the heart of Liverpool's student district, this development will benefit from the £1 billion which has been invested into Liverpool's Knowledge Quarter.The scheme will offer 317 studio and en suite clusters, ideal for both undergraduate and mature students. The en suite units will have a power shower, study desk, double bed, flat-screen TV and high-speed broadband.

Residents living in en suite units will enjoy fully fitted communal kitchens. The studio apartments will have the same facilities as the en suites along with a private kitchen. The on-site coffee shop managed by local independent roaster Crosby Coffee will be a major selling point for the development. The deli will offer grab-and-go breakfast options, and the on-site retail unit will make it easy for students to pick up essentials. There will be flat-screen TVs throughout the communal areas, as well as a cinema room and a games room with pool tables, foosball, ping pong and game stations. There will also be a laundry room, ample secure cycle storage facilities and a gymnasium for residents' exclusive use. As security is of paramount importance, One Islington Plaza will enjoy a 24-hour reception with CCTV covering all communal areas.

Why Student Accommodation?

Private student accommodation continues to outperform all other forms of property investment in the UK. With low entry prices, stable returns and low void periods, it's one of the most lucrative ways to expand your portfolio. Plus, there is zero stamp duty payable on all student properties. Demand for high-quality student accommodation is increasing exponentially. On A-Level Results Day 2016, Ucas announced that a record number of students were accepted to universities and colleges.

The influx of overseas students is also contributing to rising demand. There's no cap on the number of overseas students, and the Government forecasts the number will rise by 15-20% over the next 5 years. Although most first-year students secure university-owned accommodation, others need to look elsewhere. This results in more than 70% of students in university towns renting privately - and they're demanding convenient locations, quality furnishings and on-site amenities. This offers you a compelling investment opportunity.

INVESTMENT OVERVIEW

* Large En Suites from £62,995

* Large Studios from £74,995

* 8% Assured Rental Return for 3 Years

* 250 Years Leasehold

* Ground Rent £350

* Service Charge £1038.34

* 100m from the University

* Next to the Royal University Hospital

* Liverpool's Leading Student Developer

* In the Heart of the £1 Billion Knowledge Quarter

PAYMENT PROCESS

1. Pay a £5,000 reservation deposit

2. 50% payment upon exchange of contracts

3. 50% payment upon completion (minus reservation deposit)

...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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