No1 Hatton Gardens is a residential conversion (from an office bock) to a total of 119 luxury spacious apartment studios, 1 & 2 bed apartments. The location is ideal to cater to the hospitality market for short term lets, with projected rental yield around 10%+ or longer tenants such as professionals and students. This is also a good opportunity for owner-occupiers, providing total flexibility.
Prices are incredibly reasonable with some of the lowest price per sq/ft in the City. This opportunity provides the combined benefits of a fully managed residential property investment in one of the uk's top investment hot spots, with the with the ability to earn double the average net returns by letting as short term lets by Liverpool's market leading short term management company.
*Is this an off plan purchase and how does that work?*
Yes, this is a new build development that is completing in July 2020. Investors can reserve here today for only £2,500. Following your reservation, your legal file will be sent to a team of independent UK solicitors to arrange the exchange of contracts. Following the exchange, you will need to place a 15% exchange deposit. This is protected with a 10% deposit protection plan and the development is fully funded, so the build isn't dependant on your funds.
We will keep you updated with the construction right up to completion, where you will be given notice of the intention to complete. The final balance can be paid by either cash or mortgage (mortgages subject to status) and from the day of completion, the property and full title deed is yours!
*I want to rent out the property, can you help?* We have a management company in place to fully manage all of the apartments if you wish giving you a totally hands off investment, or you can appoint your own chosen one. There are several options for management here, with the management company predicting 7% net rental yields if you wish to let this out on a standard shorthold basis (long term tenants who pay monthly) or a short term basis (such as airB&B tenants) whereby you can expect a 10% net rental yield.
*So how much money can I make from the rental?* Put simply, on a property such as this priced at £104,500 you can expect a monthly rental income of roughly - £610 net if renting in a traditional, long term way. Or rental income of £870 net per month if you opt for the short-term lets option.
*Why Liverpool?* Liverpool is consistently voted the within the top buy to let investment hotspots. With Liverpool being home to some of the highest yielding postcodes, 5 Universities with over 70,000 students, and one of the top Cities in the UK for tourism. Savills forecast the region to see a 24% growth of property values within 5 years, the highest regional forecast within the UK.
*Tell me more....* For further information such as a brochure please contact us via zoopla, telephone or visit our website -
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