2 bedroom duplex for sale
Key information
Property description & features
- Tenure: Leasehold (100 years remaining)
- Two minutes walk to iconic Liverpool Waterfront
- Walking distance to shops and commercial centre of Liverpool
- High rental demand in the local area
- Spacious duplex apartment
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 £180,000.00
- Type: Apartment
- Bedrooms: 2
- Bathrooms: 2
- Parking space included
- Tenure: Leasehold 100 years remaining
- Ground rent: £150.00 per annum
- Service charge: £4,000.00 per annum
- Currently on the rental market but expected to achieve minimum: £1,200pcm
- Gross annual income: £14,400.00
- Gross yield: 8.0%
- Net yield: 5.7%
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.
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Property reference PURLIVALB54. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure Investor - Pure investor.
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Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 24, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 14, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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