Description:

The final stage of the renowned Liverpool ONE project has begun, in the form of high-spec studios for the city's ever-expanding student population.

Phase 1 of X1 Liverpool One will comprise 92 unique studio apartments, from £69,500, all furnished to the highest degree. There are even six roof top penthouses with private terraces overlooking the city, truly designed to be the best accommodation a student could wish for.

The location on Seel Street is right in the heart of the action close to bars, shops and cafes, not to mention the bonus of The University of Liverpool and Liverpool John Moores University being just a few minutes away.

Built by X1 Developments, the developer behind the successful Liverpool student accommodation projects X1 Borden Court and X1 Arndale House, and the facilities in X1 Liverpool One are second-to-none. This luxurious accommodation offers students a high-spec gymnasium, cinema room, and communal areas in which to relax after a hard day studying. Normally, such an enviable location comes at the cost of space, but these amenities offered prove X1 Liverpool One is fully dedicated to creating the epitome in luxury student accommodation. Lifts are present on every floor, as are the rubbish chutes. If it didn't have a modern laundry room on the ground floor, it could easily be mistaken for a boutique hotel.

With planning permission already granted and set to be complete in September 2015, in time for the year's influx of students, X1 Liverpool One is the ideal accommodation for the 82.3% of Liverpool students not housed by their respective universities.

Investors can choose from a range of eight different style studios with prices starting at £69,950, and a NET assured return of 7% for 3 years.

Liverpool ONE has a unique design, far different to any other development in the world. It was built to complement the city around the existing streets. The whole design is open plan, giving it a contemporary air and allowing lots of natural light. The merge of interior and exterior also allows for grand outdoor areas incorporated into the design. Chavasse Park, for example, is an outdoor area that can be turned into an ice rink, or maybe a beach area, dependant on the season.

It would be an underestimation to label Liverpool ONE as just a shopping centre. The fourteen-screen cinema, two hotels, and six hundred apartments prove it is far beyond your average retail destination. Even the little things, like the pianos dotted around inciting impromptu recitals of Beatles classics, or the works of art proudly exhibited, such as the Superlambanana sculptures created to celebrate Liverpool as the 2008 Capital of Culture, and even the occasional celebrity appearance, create an excited buzz about the place. The public sees it as far more than a beautiful design for stores.

Catering sales were up by 23% in 2013, and are now 12% ahead of that. Of the 98% of visitors who say they are likely to return, 35% state it is because of the events and entertainment offered.

It is no surprise that such a beautiful and diverse destination has received a strong response. Liverpool ONE's popularity is flourishing, with the growth for footfall 5% above North West and UK benchmarks. Where other high streets are seeing losses of an average 0.8%, Liverpool ONE sales have increased by a massive 6.7%.

Purchase Price

Smaller studios £69,950

Standard studios £76,950

Stepped studios with bay £79,950

Cantilever studios £79,950

Projecting bay studios £79,950

Deluxe standard studios £79,950

Deluxe Gable end studios £79,950

Rooftop penthouse studios £87,500

Example Financials

Standard studios from £76,950 Deluxe standard studios from £79,950 Rooftop penthouse studios £87,500

Rent £160 Rent £165 Rent £180

Gross Rent £7,680 Gross Rent £7,920 Gross Rent £8,640

Maintenance Fee £1,086 Maintenance Fee £1,086 Maintenance Fee £1,086

Management Fee £614 Management Fee £634 Management Fee £691

NET Income £5,730 NET Income £5,950 NET Income £6,613

NET Yield 7.45% NET Yield 7.44% NET Yield 7.56%

Destinations and Attractions

Liverpool Central Station 0.2 Miles | 4 minutes walk

Museum of Liverpool 0.2 miles | 5 minutes walk

Royal Court Theatre 0.3 miles | 6 minutes walk

John Moores University 0.4 miles | 9 minutes walk

Lime Street Station 0.4 miles | 11 minutes walk

Echo Arena 0.5 miles | 11 minutes walk

Walker Art Gallery 0.5 miles | 11 minutes walk

The University of Liverpool 0.6 miles | 13 minutes walk

Lord Street Station 0.6 miles | 13 minutes walk