£205,680
2 bed flat for saleGreat Crosshall Street, Liverpool L3
2 beds
2 baths
- Leasehold
Elite Realty Invest - Manchester
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About this property
This stunning development sits in the south of the brand new Westminster Park that’s set to transform the concept of Liverpool living.
Full Description
This exceptional new development is located in the south of the highly anticipated Westminster Park, a project set to redefine modern living in Liverpool. Offering an unparalleled off-plan investment opportunity, this development features luxurious one and two-bedroom apartments designed to deliver a premium living experience for tenants. The apartments are finished to the highest standards, ensuring a luxurious and comfortable lifestyle. Situated just a 10-minute walk from Liverpool city centre, residents can easily enjoy the vibrant energy of the city while benefitting from the tranquillity of a thoughtfully planned residential area. With prices starting at £135,900 for one-bedroom units and £195,000 for two-bedroom units, this investment opportunity is 20% below current market value, making it an attractive option for savvy investors. The development permits short-term lettings, offering potential yields of up to 10% under a short-term rental model, supported by the area’s high demand and growth.
The L3 postcode continues to attract strong rental yields, averaging 7.4%, while Liverpool has seen impressive capital growth of 10.7% in the past year. Additional features include a 250-year leasehold, low ground rent of 0.1%, and service charges estimated at £2 per square foot. Westminster Park’s proximity to the £5.5 billion Liverpool Waters regeneration area underscores the strong investment potential of this property, as the North West is predicted to experience house price growth of 27.3% by 2024. Contact us today to learn more about this exciting opportunity and secure your place in Liverpool’s thriving property market. Information subject to change.
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More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review