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Studio flat for sale

Falkner Place, Georgian Quarter, Liverpool City Center

Sold STC £124,950

Property Description

Key features

  • Investment Opportunity
  • 8% Net guaranteed annual returns for 3 years*
  • 109 residential apartments
  • Located in Liverpool's prestigious Georgian Quarter
  • Early investor discount
  • Attractive capital growth potential
  • Fully managed investment
  • Designed for UK and overseas investors

Full description

Tenure: Leasehold

Century 21 Liverpool is delighted to offer to the investment market this exciting new development which is ideally located within the much regarded Georgian Quarter, Liverpool Centre. It is within close proximity to all the amenities afforded by a city such as Liverpool which includes a diverse offering in terms of culture, employment and retail.

Falkner Street predominately compromises Grade 2 listed Georgian Townhouses interspersed with more modern development where permitted. Liverpool has the most listed buildings outside of London and the Georgian Quarter area in which the site is located comprises the predominately higher values of residential property found within the city centre. The high end focus will certainly help ensure excellent rental yields and high rental demands in future, with excellent scope for capital growth potential.

The development compromises 109 residential apartments consisting of 21 studios, 64 x 1 beds, 12 x 1 bed duplexes and 12 x 2 bed duplexes.

Studio Apartments from £89,950
1 Bed Apartments from £124,950
2 Bed Duplex Apartments from £169,950

Summary & Investment terms

109 Residential apartments consisting of 21 studios, 76 x 1 beds and 12 x 2 bed duplexes.

25m2 Studios from £89,950
36m2 1 Beds from £124,950
41m2 1 Bed Duplex from £139,950
60m2 2 Bed Duplex from £169,950

250 year leasehold title deed

Prices excludes furniture packages, in order to qualify for the rental guarantee the apartments will need to be furnished to a high standard. We can provide bespoke packages at £3,000 for Studios, £4,000 for a 1 Bed & £5,000 for a 2 Bed.

Ground Rent at £400 p/a

Service charge approximately 10% p/a

Management fee approximately 5% p/a

8% Net rental yield guaranteed for 3 years (on studios and 1 bedroom apts)

20% Early Investor discount

Rental returns paid quarterly in arrears from completion

Facilities to include a residents Gym

Construction start: September 2016

Scheduled completion Q4 2017

For the full availability and a brochure, please do not hesitate to contact us. Viewings also available upon request.

Payment option 1:
£5000 reservation fee
50% on exchange
25% March 2017
25% at completion
3% interest on deposited funds over construction, accrued and discounted off the final balance.

Payment option 2:
£5000 reservation fee
25% on exchange
25% 1st of March 2017
50% balance at completion
No interest on deposited funds

Listing History

Added on Rightmove:
09 November 2016

Map & Street View

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