1 - Bed Apartments for Sale in Liverpool, United Kingdom - £99,000

Liverpool, Merseyside, England, United Kingdom

Property ID: 28408043

Summary Data

Price £99,000
Price Type
Bedrooms 1 - Bed
Bathrooms 1 - Bath
Plot Size
Building Size
Sector Residential
Type Apartments
Subtype Studio
Tenure
Completion
Parking

Location Map

Property Description

The Metalworks comprises a mix of beautifully designed one and two bed apartments set in two striking buildings on the edge of Liverpool’s vibrant commercial district. These spacious apartments are finished to an incredibly high standard throughout with the added the option of integrated furniture and a car park space. With Liverpool’s cosmopolitan city centre and excellent transport links just a short walk away, this development is perfectly located for young professionals and families living and working in and around Liverpool.
These 1 bed and 2 bedroom apartments start from just £;99,000, with Investors receiving a rental assurance of 7% for the first 2 years with insurance backed deposits; including two years free service charge and management fees (Ground Rent Will be £;500). These apartments provide a completely hands-off investment opportunity and are fully managed by industry leading experts. This stunning development will comprise two interconnected apartment blocks designed to elegantly incorporate industrial materials and is situated to provide easy access to the city’s many attractions.

Key Details:
Management Company: HAUS
Build Warranty: 10 years
Tenure: Leasehold for 250 years
Expected Completion: Q4 2018
Number of Units: 314
Assured Rent: 7% for 1st 2 years
Service Charge: £;1.50 sq.ft per annum
Management Fee: 6% of gross rental income
Ground Rent: £;500 for all unit types (Payable by the investor to the freeholder during the period of tenancy including the assured rental period)

Prop Specs:
• 1 Bed apartments
Size 31.6 m2 / 340 sq.ft - 35 m2 / 342 sq.ft
Price from £;99,000 - £;110,000
• 1 Bed duplex apartments
Size 57.4m2 / 618 sq.ft
Price £;110,000
• 2 Bed apartments
Size 61.2 m2 / 659 sq.ft
Price £;133,000
• 2 Bed duplex apartments
Size 57.4 m2 / 618 sq.ft - 65.7 m2 / 708 sq.ft
Price from £;137,500 - £;155,000

Car Parking:
• Price £;15,000
Optional purchase for 1 bedroom apartments
Compulsory purchase for 2 bedroom apartments

Payment Plan Options:
1. Reservation of £;5,000 / 35% on Exchange (less reservation fee in 28 days) & 65%
on completion
2. Reservation of £;5,000 / 35% on Exchange less reservation fee in 28 days) / 7.5%
after 3 months / 7.5% after 6 months / 50% on completion
3. Reservation of £;5,000 / 50% on Exchange (less reservation fee in 28 days) / 50% on
completion

No investment data available