2 bed flat

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2 bed flat

Fontenoy Street, Liverpool L3
£196,000

Price History

Initial price £230,000
19/09/24 £229,000
12/12/24 £224,000
13/12/24 £219,000
14/12/24 £213,000
18/12/24 £210,000
19/12/24 £201,000
20/12/24 £196,000
Price Change -14.78%

Description

This investment opportunity in Liverpool offers a chance to own a luxurious one or two-bedroom apartment in a prime location, just a 10-minute walk from the city center. The development is off-plan, with 25% deposit required, and offers incredible value with prices 20% below current market value. With a 250-year leasehold and estimated ground rent of 0.1%, this property is perfect for investors seeking a long-term investment. The area is predicted to see significant growth, with house prices expected to increase by 27.3% in the North West by 2024, and a 7.40% rental yield in the L3 postal area. The apartment can be let short-term, offering up to 10% yields, making it an attractive option for those looking to generate passive income. With all the amenities of the city center within walking distance, this is an excellent opportunity for investors seeking a hassle-free investment with potential for significant returns.