Property Details

2 bedroom apartment for sale For Sale

Fontenoy Street, Young, Hilltops Council, New South Wales, 2594, Australia

£209,000

ROI = 8% BMV = 0.86%

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Description

Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required This development boasts incredible one and two bedroom apartments finished to the highest quality to make all tenants the luxury living experience. Perfectly situated on the edge of the Liverpool city centre, tenants will be only a 10 minute walk from all the hustle and bustle of the vibrant city centre. INVESTMENT OVERVIEW - Short term lettings permitted - Off plan investment opportunity - 20% below current market value - Up to 10% yields using short term lettings model - 0.1% Ground rent - 250-year leasehold - Council tax band - A 1 bedroom apartments from £135,900 2 bedroom apartments from £195,000 LOCATION OVERVIEW - In 2024 it is predicted that house prices will grow 27.3% in the North West - Only a 10 minute walk away from the New Liverpool Waters £5.5bn regeneration area - In the last 12 months Liverpool has achieved 10.7% in capital growth - The L3 postal are is set to bring in an average 7.40% rental yield This apartment is the perfect investment with a 250-year tenure leasehold. The service charge is estimated at £2 sqft (investors will be made aware of the review date in the future) with the ground rent estimated to be 0.1%, you will be informed of the review period on purchase. It is also predicted to be within the Council Tax band - A. Contact us today to discuss this exciting new development with one of our consultants. **Information shown is subject to change**

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