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For Sale 2 Bedrooms 1 Bathroom 1 Reception From £162,950

Water Street, Liverpool, L2 - From £162,950

  • INVESTMENT OPPORTUNITY
  • Assured Net Rental Yeild 7% for 1 Year
  • Luxury 2 Bedroom Apartments From £162,950
  • High-End Residential Development
  • Completion Q1 2018

RELIANCE HOUSE | 2 BEDROOM APARTMENT

Reliance House, a high-end residential development located in the heart of Liverpool's commercial district. Reliance House is a sympathetic conversion of a former commercial property into luxury one and two bedroom apartments. Distinguishable by the elegant red brick facade when viewed from St. Nicholas Church, and the imposing Edwardian style Portland stone facade of Water Street, Reliance House has an unmistakable visual profile.

Reliance House represents an outstanding buy-to-let investment opportunity. The location and apartment design are perfectly suited to meet the high rental demand of the Liverpool city centre market. Investors purchasing at Reliance House benefit from a 7% NET rental return guaranteed. Situated in the very heart of Liverpool, this is a rare opportunity to secure exceptionally high quality real estate with strong income and capital growth potential for 1 year.

The apartments have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility. With local demand consisting of young professionals, students and tourists, the income potential of these apartments is very attractive.

PAYMENT PROCESS

* Choose an investment unit to buy

* Pay a £2,500 reservation fee

* Transfer 35% of the funds on exchange

* Transfer 15% of the funds after 6 months plus furniture pack payment in full

* Transfer balance minus reservation fee on completion

Ground Rent £350 PA

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The Stamp Duty for this property would be £759    (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 £ 759
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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