2 bed Flat For Sale £184,950
Old Hall Street, Liverpool L3

Pure Investor brings to the market this two-bedroom duplex apartment located on the top floor and boasting a large balcony. The property offers a fine array of stylish, high specification accommodation which in brief comprises: Entrance hall, Master bedroom with en-suite shower room, a further double bedroom and separate bathroom. On the first floor there is a living area with full length windows and sliding doors leading to balcony which has great views of the Liver building. There is a stylishly fitted kitchen which incorporates fitted appliances and large fridge freezer.

Built in 1856, The Albany retains all the exquisite charm and character that one would expect from such a beautiful building which is now converted into a stunning residential development nestled conveniently in the heart of the Business District. The property further benefits from a secure allocated parking space and 24 hour concierge.

Investment Information

- Full address: 123 The Albany, 8 Old Hall Street, Liverpool L3 9EL

- Asking price: Guide price £185,000.00

- Type: Apartment

- Bedrooms: 2

- Bathrooms: 2

- Parking space included

- Tenure: Leasehold 100 years remaining

- Ground rent: £150.00 per annum

- Service charge: £2,000.00 per annum

- Currently on the rental market but expected to achieve minimum: £1,200pcm

- Gross annual income: £14,400.00

- Gross yield: 7.8%

- Net yield: 6.6%

Reasons To Invest In Liverpool

- Liverpool has a strong, stable economy. Currently the 5th largest metropolitan area in the UK, with 245,000 people employed throughout the city with this figure growing.

- Liverpool is a hub of high-value industries. For example, Jaguar, AstraZeneca and Nestle Health Sciences.

- Liverpool properties offer great value for money. In London for example a two-bed flat costs upwards of £350,000.00 and entire house can easily cost millions. In comparison, you can buy an end-of-terrace in Liverpool for around £125,000.00

- Liverpool offers amazing rental yields. The average rental yield is around 5% compared to London which sits at 3%.

- Liverpool gets millions of visitors every year. More than 67 million tourists flock to Liverpool each year.

- The city has a huge student population. With three universities and around 70,000 students there are a lot of students looking for accommodation.

- Liverpool is constantly regenerating. Some of the recent projects include The knowledge Quarter ( a £1 billion investment in science, technology, health, culture, and education), Ten Streets, Liverpool Science Park, Liverpool City Region Local Enterprise Partnership.

- One of the best connected cities in the North. Trains to and from London take around 3 hours. John Lennon airport allows flights around the world. You can also get connecting flights to America, Asia, and Australia from the airport.