LPS Real Estate has a luxury two bedroom apartment with a juliet balcony for sale in the popular Baltic Triangle area of Liverpool! Currently tenanted with a rental income of 8400PA and a yield of 5.8% it is ideal for investors looking for straightforward investment.
Kings Dock Mill is an integral part of the Baltic Triangle area and the modern apartments boast a high standard of living. This two bedroom apartment on the first floor of the development. It has an open plan living, dining and kitchen area with a juliet balcony, two spacious bedrooms and a modern bathroom. The development also includes 24-hr CCTV security, controlled building access, LED security lighting and an inner courtyard.
The apartment is occupied and rented at £8400 pa; therefore providing a strong yield of 5.8%. The development is hugely popular which means there are little to no void periods. And it attracts a good standard of tenant.
The Baltic Triangle is a thriving and cutting-edge destination and is central to Liverpool’s independent scene! As well as being a place for fun, alternative dining, partying and culture, it’s also home to a number of digital and creative businesses. The likes of Liverpool ONE, The Albert Dock, The Echo Arena and BT Convention Centre and the business district are just a short walk away. It was named by The Times as one of the coolest places to live in the UK. Kings Dock Mill falls within the L1 postcode which has been ranked as one of the strongest for buy-to-let investments in the UK. This success is down to the high average rental yields, growing demand, and capital growth potential.
ADDITIONAL DETAILS:
Services charges £1211.00PA
Ground rent £200.00PA
Lease 150 years has 138 years left
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
