Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
- Flats
- Allocated parking
Key features
- Call Today to Receive a Floor Plan
- 1, 2 & 3-BedroomResidential Apartments
- Premium Penthouse Apartments from £194,950
- Limited Units Available
- Last 10 Remaining 2-Beds
- 15% Deposit on 2-Beds
- 20% Deposit on 1-Beds
- Minimum of £78,980 Required to Invest
- Eco Features Including Solar Panels
- Focus on Outdoor Space and Wellbeing
Property description
L8 Off Plan Apartments,C111
High Rental Yield and Capital Growth Potential - 30% Deposit Required
Liverpool's answer to New York living, Central Park is a brand-new launch of residential apartments located in the thriving Baltic Triangle. Here, a centralised residential island is being created, together with other residential developments nearby.
A total of 174 high quality properties and onsite facilities form an exciting neighbourhood close to Liverpool's main landmarks, while delivering a lucrative buy to let opportunity for investors of all levels with a top-quality management service available. There is a luxury roof terrace and outdoor gym along with many other amazing onsite facilities!
Adjacent to refurbished parklands which bring green space into this rapidly growing urban area, and only a short walk from Cain's Brewery and the waterfront, Central Park is the latest development on the Liverpool property scene with a strong appeal to the city's growing young professional demographic. This prime location in the Baltic Triangle is now welcoming Boxpark, the first venue outside of London, and is just minutes from Liverpool One.
Now down to our final penthouse suiteson the 8th floor of the building, these luxury units are extremely desirable to tenants due to the stunning views of the city and waterfront, limited roadside noise, and unique sense of privacy. Prices start at £159,995 with assured 6% NET rental returns!
To Receive Free Floor Plans, Virtual Tour and Availability, Call or Register below for an Info Pack
Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 100,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.
Investment Overview
* Call Today to Receive a Floor Plan
* Prices Starting at £159,995
* Eco Features Including Solar Panels
* Focus on Outdoor Space and Wellbeing
* Limited Units Available
* PremiumApartments from £159,995
* Outdoor Gym and Roof Terrace
* Onsite Concierge
* Minimum of £74,980 Required to Invest
* 20.5% Growth by 2027
* Onsite Management Available
* 15% Deposit on 2-Beds
* 20% Deposit on 1-Beds
About Liverpool
Liverpool is a city undergoing major urban regeneration, and the Baltic Triangle has recently become a pioneering residential destination on the edge of the city's iconic docklands. A total of £128 million is being invested into rental accommodation, hotels, new business spaces, a public park and even a new rail station among other plans across the 93-acre site.
Liverpool's epicentre of good food, indie music, vintage shops, and street art, the Baltic Triangle is now one of the most popular districts for rental accommodation among the UK's young professional population. Just a minute walk from the famous Cain's Brewery, where tenants can eat, drink, dance, shop, socialise and even work, Central Park is situated at the heart of this dynamic district.
For More Information Call Us Today or Register Below for an Info Pack
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