A student flat is for sale for £10,000 – and the mortgage repayments will be just £47-a-month.
Undergraduates have the chance to be their own landlord and get on the property ladder.
It is a bit on the small side with just a bedroom and bathroom.
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The lounge and kitchen are in a shared space and are for communal use.
It is located in Liverpool and is being sold by Purple Bricks.
The pad – advertised on Rightmove – has projected mortgage repayments listed.
Based on an interest rate of 4.67% over 30 years, they will be under £50 a month.
That is based on the buyer putting down a £1,000 deposit.
It is within walking distance of the city’s three universities.
The listing reads: “We are proud to offer this student studio apartment in The Bridewell Building.
“This is a hands off investment, fully managed by a letting management.
“Comprising a double bedroom area and a three piece en-suite shower room.
“The property benefits from a communal lounge and kitchen area.
“The building has a 24 hour concierge service with well presented communal areas, a secure post room and a fully equipped gym.”
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