1 bedroom apartment for sale

Great George Street, Liverpool, Merseyside, L1

Fixed Price £119,211

Property Description

Key features

  • Major new development of 790 new apartments
  • High specification units
  • Two assured rental at 7% net
  • City centre location
  • MInutes walk to shopping centre and universities

Full description

Tenure: Leasehold

New Chinatown is one of the most ambitious city centre development projects being delivered in the UK today. We are creating a new, dynamic urban quarter that will change the physical and economic fabric of the city. New Chinatown will be delivered in three initial phases whilst we create a masterplan for the wider Chinatown area and identify opportunities for further phases of development. We are creating a new, dynamic urban quarter Planning for all three phases has now been secured with work on phase 1 due to start before the end of 2015. Completion for the New China Town development is projected to be Q2 2017.

Developed in three phases, the New China Town development will comprise of 790 apartments overlooking the iconic Anglican Cathedral in Liverpool city centre. A busy and bustling district sitting within easy walking distance of both the city centre shopping district, the student district and the UNESCO Heritage status waterfront district, the New China Town development looks set to create a new benchmark for urban living in Liverpool city centre.

Why Invest In Liverpool city centre?
Liverpool's four universities enjoy excellent academic reputations and are a magnet for international students including more than 10,000 from China alone. The European gateway for Atlantic and Pacific trade, the city has rebuilt its economy in recent decades with outstanding strengths in digital creativity, bio-sciences and advanced manufacturing, whilst the status and importance of its great port will be massively enhanced by the impact of the Liverpool Two post Panamax facility. Liverpool will become one of only a handful of ports capable of docking a new generation of carriers following the widening of the Panama Canal, making it the European gateway for Atlantic and Pacific trade.

New China Town - Key Features
Types of units
Studio apartments
One-bedroom apartments
Two-bedroom apartments
Two-bedroom duplex apartments
Three-bedroom duplex apartments
Three-bedroom town houses

Price
From 106,994

Size
306 sq ft - 1,363 sq ft

Car park
16,500

Lease
Leasehold for 250 years

Build warranty
10 years

Service charge
1.50 per sq ft pa

Ground rent
350 for all unit types (Payable by the invester to the freeholder during the period of tenancy)

Furniture pack (excl 20% vat)
Studio - 2,739 plus vat
One-bedroom - 3,224 plus vat
Two-bedroom - 3,999 plus vat
Three-bedroom - 5,669 plus vat

Management fee
6% of rental income

Assured rent
7% over two years

Expected completion
Q2 2017

Management company
Urban Lifestyle

New China Town - Payment Plan
Payment Plan
1.Reservation of 5,000 / 80% on Exchange & 20% on Completion (6% Interest on deposit)
2.Reservation of 5,000 / 50% on Exchange / 20% 3 months (after exchange) / 30% onCompletion (4% Interest on deposit)

Listing History

Added on Rightmove:
21 April 2016

Nearest stations

  • Liverpool Central (0.4 mi)
  • Liverpool Lime Street (0.6 mi)
  • James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Hopwood House Limited, Manchester

The Forum Windmill Lane, Denton, M34 3QS

0161 468 0126 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Liverpool Central (0.4 mi)
  • Liverpool Lime Street (0.6 mi)
  • James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hopwood House Limited, Manchester

The Forum Windmill Lane, Denton, M34 3QS

0161 468 0126 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference HHUKLIVNCT01. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hopwood House Limited, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.