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1 bedroom apartment for sale

Bands Building, Liverpool City Centre, L2

Sold STC £150,000

Property Description

Key features

  • Investment Opportunity
  • Large 1 Bedroom Top Floor Apartment
  • Approx 72m2 in size
  • Expected NET returns of circa 6%
  • Booming rental market
  • Close to transport links
  • Construction over 60% complete
  • Scheduled completion October 2016
  • Offered let & managed
  • Buy for investment or personal use

Full description

Tenure: Freehold

Century 21 Liverpool are delighted to present a unique opportunity to purchase a luxury top floor / penthouse 1 bedroom apartment in the heart of Liverpool City Centre. Bands Building on Vernon St offers 8 luxury high end apartments with 6 x 2 bedrooms, and 2 x large 1 bedroom apartments. For the investor, the yield is estimated at around 6% NET. For the owner occupier, there is cutting edge design, exceptional space and value for money.

Bands Building is a 3 storey red brick building constructed in the late 19th century which is offered fully refurbished and let and managed (if required).

This particular unit benefits from very high ceilings, exposed beams, a Juliette balcony and some excellent original features.

The units in the development are large... and this 1 bedroom unit is approximately 72m2 in size. this offers exceptional value for money in terms of price per m2. The development benefits from exposed brick in all apartments, and exposed beams (top level only). The development offers character with cutting edge design and contemporary living. All kitchens are fully fitted with high gloss units, modern designs, and integrated appliances.

The front units benefit from Juliet balconies with views over Vernon and Dale St, and the rear units benefit from en-suite bathrooms off the master bedroom.

Payment Plan 1:
Reseravtion fee of £2000
25% on exchange 30 days later
75% on completion

Payment Plan 2:
Reseravtion fee of £5000
10% on exchange
90% on completion

Construction is now well under way and viewing is welcome via Century 21 Liverpool.

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.

Summary:
- 6 x 2 bedroom units = 71m2 - 81m2 in size
- 2 x 1 bedroom studio apartment = 72m2
- Expected NET returns of circa 6%
- Impressive apartments in a highly desirable location
- Booming Liverpool rental market
- Unbeatable city centre location
- Close to regional and national transport links
- Construction is over 70% complete
- Scheduled completion is October 2016
- Fully let and managed by an experienced letting agent (if required)
- Buy for investment or personal use

Viewing available upon request but this is an off plan purchase currently under construction.

Listing History

Added on Rightmove:
02 August 2016

Floorplans

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