City Centre Apartments
A central Liverpool L1 student accommodation investment, a conversion of a period building situated on Stanley Street. Granite House enjoys an enviable central location, close to many of Liverpool’s university campuses, restaurants and bars, Liverpool One shopping centre and Liverpool Lime Street.
A Grade II listed building on Stanley Street in central Liverpool. Built in the traditional construction style of the early 20th Century, it will be re-purposed to a boutique student accommodation development. Many of the buildings on Stanley Street are old warehouses (a nod to Liverpool’s industrial past) that have been converted into offices or places of residence, and Granite House is no different.
Granite House will comprise 39 self-contained units with en-suite bathrooms and integrated kitchens. A range of communal facilities will also be readily available for tenants, such as a communal basement area that will be used as gymnasium, break out areas with TVs, foosball tables, pool tables and comfortable lounge furniture. The studios will also be furnished to the highest specification, walk-in showers, built in mirrors, LVT flooring and 2/3 seater sofas.
Granite House Investment Fundamentals
- Purchase price from £69,303
- Assured rental income of 8.3% for two years
- 5% interest on funds
- Completion September 2018
- Attractively priced for location
- Boutique development – only 39 units available
- Distinguished building with original features to be reinstated