Property for sale in Liverpool - 27227236 - Advertised on propertyO by Property Webwise

Studio for sale

£69,950

England, Merseyside, Liverpool, United Kingdom Property ID: 27227236


Property description

The Residence at Colonial Chambers is a peaceful sanctuary in a quiet street, right in the buzzing heart of Liverpool and offers purchasers a 8% net rental assurance for 2 years. It is located between the commercial and shopping district, giving easy access to the best amenities in the area including many new restaurants, popular bars, cultural hotspots, famous buildings, shopping, and cultural attractions.

The development consists of 94 modern, high-quality studio apartments, which cater to the rising population of graduates, young professionals and postgrad students who increasingly demand affordable, high quality accommodation in convenient urban locations.

A Buzzing Location in the City Centre

  • A quiet courtyard, but only moments from the hubbub of Liverpool social life
  • Huge choice of trendy pubs, bars, nightclubs, comedy & live music
  • Top quality restaurants & cafes featuring UK & international cuisine
  • A short walk to the Liverpool One and City Centre shopping areas
  • 500 meters from the historic waterfront, just off Dale Street / Water Street

    Purpose-Built to Serve the Market

  • Designed to appeal to people wanting a culturally active, vibrant urban lifestyle
  • Ideal for graduates, professionals and postgrad students in the city centre
  • Added security of intercom entry system, monitored CCTV, and manned concierge

    Affordable Luxury - Compact, Stylish & Comfortable

  • Exclusive project with 94 studios and large studios of up to 48 square metres
  • Concept of “affordable luxury” - bright & stylish apartments for under £;70,000
  • Ample living space - open plan kitchen & living rooms, comfortable bedroom & bathroom
  • Designed in white, beige & light tones, with polished oak flooring throughout
  • Handmade kitchen units, fully integrated appliances - microwave, fridge/freezer, hobs
  • White bathroom suites with large shower enclosures, vanity mirrors & LED mood lighting
  • Modern & tasteful furniture packs cost £;2495+VAT, property ready to let fully furnished

    All-Inclusive Initial 2-Year Rental Contract

  • 7% NET rent assurance for 2 years, paid quarterly
  • Includes ground rent, service charge & management fees

    A Rental Investment Well-Placed to Maximise Yield

  • Forecast 6.9% to 7.6% NET rental yield on open market after 2-year initial rental contract
  • Based on current rents of £;475 to £;725 PCM and 5% annual growth in rental income
  • Rents increasing consistently by up to 10% in the most desirable parts of the city
  • Number of bars and restaurants increased by 17% in Liverpool over the last 12 months

    A Secure & Reliable Purchase Process

  • £;2500 reservation, 35% within 28 days, 15% after 6 months, balance on completion
  • 12-month construction period means capital quickly starts earning a return
  • Deposit protection insurance covering up to 30% of purchase price
  • 10-year defects insurance policy providing cover against issues with building structure

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