City Point Student Accommodation Overview
Property Invest is proud to present a unique investment in a European capital of culture, City Point spearheads the next generation of student accommodation. In both its physical construction and performance as an investment, it is an asset specifically designed to outclass all others.
City Point is a completed and operational student accommodation development on the edges of Liverpool City Centre. Developed in 2014 by the Caro Group, City Point contains 159 high spec student bedrooms ideal for both the undergraduate and mature student market. The rooms are arranged in clusters of between 4 and 9 bedrooms with communal living and kitchen facilities for each cluster. Each room has an en-suite shower room with power shower, double bed, flat screen TV,
The units are priced at £59,995 and there is an assured rental return of 8% NET for the first 2 years. The rental return is a NET return and paid after all deductions for service charges, ground rent and all other expenses.
City Point student accommodation is managed by Caro Lettings, a well-established operator who has managed the building since completion in 2014. Caro is one of Liverpool’s leading letting companies with over 450 units under management across the city and have achieved an average occupancy of above 98% in City Point over the past 4 years.
City Point student accommodation is incredibly well managed by Caro’s on-site teams with 24/7 maintenance requests, around the clock security with a in-house security personnel, CCTV and secure building entry.
- Assured Income – 8% NET paid quarterly in arrears
- 2-year rental assurance
- Full legal ownership on a 250-year leasehold from 2014
- 159 one bed, luxury ensuite student pods
- Price £59,995 per unit
- Completed and fully operational since 2014
- 98% occupancy for past four years
- Location is close to 3 universities, international airport and only 2 hours by train to London.