£55,000 /Sale price

Marshall Property are pleased to bring to the market this fantastic investment opportunity on Stanley Street, L1. Marshall Property are pleased to bring to the market this fantastic investment opportunity on Stanley Street, L1.Generate instant income - above 11% NET Studio apartment Third floor Fully furnished Excellent location Great transport links Shops, bars and amenities nearby Walking distance to the famous Albert docks Ideal hands off investment opportunity Impressive rental yieldsFull descriptionThis excellent studio apartment comprises of; entrance hallway leading to a spacious open plan lounge; fully fitted kitchen with all appliances included; three piece bathroom. The apartment comes fully furnished and is located on the second floor.Vincent House is within walking distance of both Liverpool`s city centre and its vibrant waterfront. Residents will find themselves in the midst of all that the city has to offer; from the famous museums which hold the key to the city`s past, to the thousands of bars, restaurants and shops, of which Liverpool is renowned for. Liverpool also has a significant cultural offering. Destinations such as Albert Dock, the Philharmonic and Europe`s oldest Chinatown have put Liverpool on the map as a City of Culture - an accolade it was awarded in 2008. It`s easy to see why Liverpool is a global hub for a multitude of tourists, residents and professionals. In addition to being a major tourist hub, the city is also a centre for commerce, being home to over 3,000 businesses and Liverpool ONE - the fifth largest retail centre in the UK.More and more people are moving to Liverpool to live and work in this booming city, and high quality rental accommodation such as that provided by Vincent House. Liverpool also boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer.Financial BreakdownGross rent PA: £6670Ground rent PA: £375Net income PA: £6295Net yield: 11% NET YIELD