2 bedroom apartment for sale

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2 bedroom apartment for sale

Fontenoy Street
£195,000

Price History

Initial price £209,000
24/12/24 £201,000
28/12/24 £195,000
Price Change -6.70%

Description

This investment opportunity in Liverpool presents a chance to own a luxury apartment in a prime location, just a 10-minute walk from the city center. The development offers one and two-bedroom apartments, finished to the highest quality, with short-term lettings permitted. The investment overview highlights a 20% discount on current market value, potential yields of up to 10% using short-term lettings, and a 250-year leasehold. The location is expected to see significant growth, with predicted house price increases of 27.3% in the North West by 2024 and a 7.40% rental yield in the L3 postal area. With a low ground rent of 0.1% and estimated service charge of £2 per sqft, this apartment offers a lucrative investment opportunity with a long-term tenure leasehold. Contact a consultant today to discuss this exciting new development.