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Studio apartment for sale

Colonial Chambers, Temple St, Liverpool L2

From £69,950

Property Description

Key features

  • Investment Opportunity
  • Low purchase price from only 69,950
  • 81 Studio Apartments
  • Sizes ranging from 22-48m2
  • Excellent Location
  • Guaranteed 7% NET Rental Yeild for 2 Years
  • 15% increase in Liverpool Economy Year on year
  • Sceduled completion Q4 2017

Full description

Tenure: Leasehold

Century 21 Liverpool is delighted to offer The Residence at Colonial Chambers to the investment marker. This is a development surrounded by Liverpool’s fine historic architecture and consists of 94 high-quality and modern studio apartments.

It is located between the commercial and shopping district putting it in close proximity to the best amenities in the area including new restaurants, popular bars, cultural hotspots, famous buildings, shopping, and more. The apartments are highly desirable to young professionals and mature post graduates looking for high end rental accommodation

For the investor, enjoy a 7% NET assured yeild for 2 years and low entry price.

Scheduled completion is Q4 2017.

Why Invest / Purchase in Liverpool?...
"Liverpool 2nd best city in the UK for rental yields” This Is Money, 2015

Liverpool has excellent transport links, whether regional, national or international. In addition, Network Rail and the Liverpool City Region have agreed to partner up and invest a further £340million to make serious improvements to the regional infrastructure. Flights from Liverpool John Lennon Airport offer an easy route to worldwide destinations.

Liverpool is also just a short journey from Manchester Airport, which benefits from direct flights as far as China. Property prices in Liverpool increased by 5% over 2015, which equates to a 6% rise over 2007 pre-financial crash prices.

Due to local investment and Government backing, Liverpool is seen as the ‘Northern Powerhouse’ with continuing strength in the local investment and residential markets.

Investment summary:
- Excellent location; between the business & shopping district in Liverpool, one of the UK’s fastest growing cities
- High rental demand in the city centre by young professionals and mature/post graduate students
- Close to high end, well-known restaurants, clubs, hotels, and buildings
- Exclusive project with 94 studio units overlooking a secluded courtyard.
- Located on a quite road between Dale Street & Victoria Street.
- High spec finished studio apartments for under £100,000.
- Attractive feature lighting to illuminate the outside of the building
- Proven developer
- Rent assurance of 7% for 2-year period, market rents of 7% expected thereafter
- Studios priced between £69,950 (24m2) to £109,950 (48m2)
- Scheduled completion is Q4 2017

Purchase Procees:
1. £2,500 reservation fee
2. 35% on exchange (approc 30 days after reservation)
3. 15% 6 months after construction start date
4. 50% balance on completion (less reservatino fee)

Please contact us for more details, to arrange a viewing, development brochure and the latest availability.

Listing History

Added on Rightmove:
12 November 2016

Map & Street View

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