Studio for sale

St Cyprian's, Durning Road, Liverpool L7

St Cyprian's, Durning Road, Liverpool, L7 5Na

This studio student apartment is located within the beautifully restored St Cyprian’s development, a unique conversion that combines original church architecture with contemporary design. Its character, quality, and excellent facilities make it one of the area's most sought-after student residences.

The apartment is offered fully furnished and features a fitted kitchen, spacious living area, dedicated sleeping space with room for a double bed, wardrobe and bedside table, plus a modern en-suite shower room.

Residents benefit from a range of on-site amenities, including a communal lounge, games room, study area, laundry room, bicycle storage, on-site security, and a dedicated accommodation team.

Ideally situated within walking distance of the University of Liverpool, Liverpool John Moores University, and the Royal Liverpool University Hospital, the development is perfectly positioned for students. Local amenities, including supermarkets, bars, and Edge Hill train station, are all close by, while Liverpool city centre is easily accessible by train or bus.

The property may present an attractive investment opportunity, with an estimated net yield of 7.9% based on the average tenancy length of 44 weeks. The current tenancy runs for 51 weeks and achieves an estimated net yield of 11.46%. Yields are indicative only and may vary as, in line with the Renters’ Reform Act, student tenancies are now generally let on periodic agreements rather than fixed-term contracts. Rental figures quoted are based on the current 51-week tenancy arrangement and may be subject to change. Please enquire for further information.

Please note this property may fall within a selective licensing area where charges may apply.

Financial Breakdown

Gross Rent: £8,800.00
Net income: £4,010.36
Gross yield: 25.14%
Net yield: 11.46%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08522