Third Floor Micro Apartment 303, Crosby Gardens

£67,995

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Property description:

This is a 28sqm micro apartment within Crosby Gardens, a stunning residential development in the heart of one of Liverpool's most affluent suburbs. Available now for investment purchase.
Highlights
Property details
Financials
Location

Purchase Highlights

In 2016, Crosby was named as one of the top 5 places to live in the North West by 'The Sunday Times'.

Within a short train ride of Liverpool city centre, Crosby Gardens is designed for those looking to combine city life with the calm serenity of the coast.

This 6-floor luxury residence is minutes from Crosby Beach, home to Sir Antony Gormley’s world-famous art installation, 'Another Place'.

Featuring a roof-garden with spectacular views of Merseyside, Crosby Gardens will provide residents with absolute comfort amid stylish surroundings. All within walking distance of shops, restaurants and major transport links.

Crosby Gardens Overview

  • 84 studio, one, two and three bedroom apartments
  • Prices from £79,995
  • Sizes ranging from 27.3 - 67.7 sqm
  • 7% NET annual return for 2 years
  • Option to earn 5% interest on deposited funds during construction
  • 250 year leasehold
  • £350 ground rent
  • Completion due Q1 2019
  • Roof gardens with stunning views
  • 24-hour concierge and video entry
  • Optional on site secure parking
  • 20 minutes to Liverpool City Centre
  • Walking distance to train station & restaurants
  • Experienced management firm in place
  • Reserve for £2,500

Studio Apartment Property Description
Crosby Gardens

This listing is for the purchase of an investment property within the attractive Crosby Gardens development in Liverpool.

The third floor micro apartment boasts 28sqm of space and is located at the front of the building, offering views of the surrounding area.

Crosby Gardens is a residential development of 84 high-specification, beautifully appointed apartments, designed for young professionals working in the city, but looking for a more relaxed coastal lifestyle.

Recently named by the Sunday Times as one of the top 5 places to live in the North-West of England, many sports stars and celebrities choose to reside here, which has made the area fashionable with young professionals.

The properties are finished to a high specification and the development will offer a number of highlights for purchasers:

Development Summary:

  • 84 beautifully appointed apartments
  • Sizes ranging from 27.3 - 67.7 sqm
  • Concierge, roof garden, on-site parking
  • Minutes from Crosby Beach
  • 18 minutes to Liverpool City Centre
  • Walking distance to train station and restaurants

Investment Summary

  • 7% NET returns for 2 years
  • Option to earn 5% interest on deposited funds
  • 250 year leasehold
  • £350 ground rent
  • Furniture packs available
  • Experienced management company in place
  • Reserve for £2,500

The development is currently undergoing refurbishment, with completion expected in Q1 2019.

Crosby Gardens Purchase Process

With a straight-forward reservation process and the support of a Select Portfolio agent, reserving a unit at Crosby Gardens is simple and straightforward. You can reserve using the process below.

  1. Pay £2,500 reservation deposit
  2. Complete reservation form & provide a copy of your passport
  3. Instruct a solicitor
  4. Exchange as per option A or B
  5. Complete as per option A or B

Option A

  1. £2,500 reservation deposit
  2. 35% stage payment due on exchange of contracts
  3. 15% stage payment due in February 2019
  4. 50% stage payment on completion (minus reservation deposit)

Option B - offers 5% interest on deposited funds during construction

  1. £2,500 stage payment
  2. 75% stage payment due on exchange of contracts
  3. 25% stage payment on completion (minus reservation deposit)

Crosby Gardens: The Location.

Crosby

Named as one of the top 5 best places to live in the North West by 'The Sunday Times' in 2016, Crosby attracts a host of celebrities and sports personalities with its variety of shops and excellent culinary scene.

The town is also home to several prestigious schools, including Merchant Taylors' Private School and St Mary's College.

Those looking to access top quality health and fitness facilities won't be disappointed; Crosby Leisure Centre has a 25-metre swimming pool, fully-equipped gym, squash courts, a sauna and steam room. Hearts Health Club is also nearby for ladies seeking a little more exclusivity.
Crosby Gardens is perfect for watersports enthusiasts, who can try their hand at kayaking, sailing, windsurfing, and much more at the local marina.

Crosby Gardens is minutes away from Sir Antony Gormley's world-famous art installation 'Another Place'. Vanishing and appearing with the ebb and flow of the tide, the sculpture features 100 lifesize statues, which are spread out for 3km along the Crosby coast.

Liverpool

Liverpool is a city on the up. With an ambitious range of urban regeneration initiatives providing a catalyst for change, it has a key role to play in the Northern Powerhouse project.

Developments such as Liverpool Waters and the Liverpool2 port expansion are creating a magnet for national and overseas investment. The city's renowned academic network, anchored by the £1 billion Knowledge Quarter Liverpool, ensures it continues to attract the brightest talent.

Much loved as the birthplace of The Beatles, Liverpool is a beacon of art and culture. Great theatres, museums, an iconic waterfront, and its famous cathedrals attract thousands of visitors each year. In 2014 ‘Rough Guides’ voted Liverpool as the world's third best city to visit.

Liverpool is among the UK's leading retail destinations and is home to the nation’s largest open-air shopping centre, Liverpool ONE.

Combine this with the indie culture coursing through Bold Street and the Baltic Triangle and you can see why the city has become so popular with young professionals.


Location map:

Liverpool
Residential Property
1 Bedroom
1 Bathroom

Property summary


  • Third floor micro apartment.
  • Affluent & desirable Crosby Gardens location.
  • 5 minutes walk to Crosby Marina, Lakeside & Beach.
  • Furniture pack available for £2,500.
  • 7% NET yield for years 1 & 2.
  • Completion anticipated Q1 2019.
  • Parking spaces available for £10,000.