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2 bedroom apartment for sale
Liverpool L3
£247,000
Liverpool L3
£247,000
Our Summary
- Off plan investment opportunity For Investment Purposes Only - 25% Deposit RequiredThis development boasts incredible one and two bedroom apartments finished to the highest quality to make all tenants the luxury living experience
- INVESTMENT OVERVIEW- Short term lettings permitted - Off plan investment opportunity - 20% below current market value - Up to 10% yields using short term lettings model- 0
Description
This off-plan investment opportunity offers a chance to purchase one and two-bedroom apartments in a luxury development on the edge of Liverpool city centre. The apartments are finished to a high standard and can be rented out using a short-term lettings model, potentially generating yields of up to 10%. The development offers a 250-year leasehold and a ground rent of 0.1%, with a service charge estimated at £2 per square foot. The location is predicted to experience significant growth, with house prices expected to increase by 27.3% in the North West by 2024. The development is also close to the £5.5bn Liverpool Waters regeneration area and has already seen a 10.7% increase in capital growth in the last 12 months. With an average rental yield of 7.40% in the L3 postal area, this apartment is an attractive investment opportunity for those looking to capitalize on the growing Liverpool market.