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Fontenoy Street, Liverpool L3 1 bed apartment for sale
Fontenoy Street, Liverpool L3
£143,000
Fontenoy Street, Liverpool L3
£143,000
Price History
Initial price | £145,000 |
07/12/24 | £143,000 |
Price Change | -1.38% |
Description
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Here is a summary of the property description in a single paragraph:
This off-plan investment opportunity in Liverpool offers luxurious one and two-bedroom apartments at a 20% discount to the current market value. The development is situated just a 10-minute walk from the city center, with short-term lettings permitted. With a 250-year leasehold and estimated 0.1% ground rent, this property is expected to generate up to 10% yields using a short-term lettings model. The location is predicted to see significant growth, with house prices expected to increase by 27.3% in the North West by 2024, and the L3 postal area expected to bring in an average 7.40% rental yield. With a low service charge estimated at £2 sqft, this apartment is an attractive investment opportunity for those looking to capitalize on Liverpool's growing property market.