Complex City Point
City PointComplex parameters
Detailed description
City Point is a new student apartment complex located in Liverpool in Northern England. All apartments are sold ready-made, with high-quality finishes and excellent furniture. City Point - a favorable offer for investors, guarantees a passive rental income! Liverpool is Britains fifth largest city. Liverpool has 3 major universities that are within walking distance of City Point. One of them, the University of Liverpool, is part of the Russell group, which consists of 24 of the most prestigious universities in the UK. 8 graduates of this university became Nobel Prize winners. A total of 50,000 students study at three universities, of which 6,000 are foreign. There is an acute shortage of student housing: universities provide housing for only 16% of students.
Features of the complex:
- Built and operational
- The complex has 159 fully furnished apartments with a private bathroom
- Managed by a specialized company
- The complex is completed, 99% occupancy rate
- Address: Great Homer St, L5 3LD
Financial performance:
- The cost of apartments 59 995
- Fixed annual net return of 8% for the first 3 years. Projected profitability in subsequent years: 4 year - 7.51% and 5 year 7.73%
- Quarterly payments
- Ownership - leasehold for 250 years
- When buying a commission from the investor is not charged