These 11 stunning apartments are set in a prestigious Grade II period building and located in a desirable residential area of Liverpool. Each beautiful unit has its own unique layout and features, such as wrap-around balconies, large sash windows, curved rooms in a turret tower and private entrances.
Listed for its architectural significance, the 1873 building was sympathetically converted a few years ago into the outstanding apartments you see today. Featuring hard wood flooring across the stunning communal areas and apartments, each unit features fully tiled bathrooms, gas central heating and fitted kitchens with white goods included.
There is an option to let each apartment to a company who will in-turn pay 12-months rent up front (whilst taking care of any utility or council tax liabilities), securing a 7% net yield (requires a service pack).
House prices for the postcode have risen by 23% in the last 5 years (Zoopla) and are predicted to grow by 23% over the next 5 years, with rents set to increase in the same period by 18% (JLL).
According to Hometrackís latest UK Cities House Price Index, Liverpool was one of the countryís best performing areas for house growth, registering 5.1% year-on-year to January 2019. An average property in the city are still just 24% of the price of Londonís, and with the apartments starting at only £90,000, provides massive room to continue growing as the city benefits from one of the fastest growing economies in England, recording a 39% increase in output in the last decade alone.
With finance available, subject to status and lenderís criteria, these high specification apartments in an iconic building have the potential to earn a fantastic income. We expect a great deal of interest so contact us now to avoid missing out.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.