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For Sale 1 Bedroom 1 Bathroom 1 Reception From £69,950

Temple Street, Liverpool, L2 - From £69,950

  • Buy-to-Let Investment Opportunity
  • Studio Apartments
  • 8% Rent Assured For 2 Years
  • Prime Liverpool Location
  • Fully Managed

THE RESIDENCE at COLONIAL CHAMBERS | STUDIO APARTMENTS

The Residence at Colonial Chambers 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 matrure post graduates looking for high end rental accommodation.The property market in the city has seen tremendous growth over the last few years, with buoyant buy-to-let returns averaging 8% fuelled by an increase in demand for private rented accommodation

INVESTMENT OVERVIEW

- £2500 reservation, 35% on exchange, 15% at 6 months, balance on completion less reservation fee

- Furniture packs available: studio - £2495 +VAT

- 8% NET rent assurance for 2 years

- £350 per year ground rent

- Expected 8% rental yield after 2 years, based on current prices and market growth

AVAILABILITY

o STUDIO from £69,950

o 1 BEDROOM APARTMENTS from £116,000

o 2 BEDROOM APARTMENTS from £180,750

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The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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