Property for sale
Key information
Property description & features
X1 Lettings are pleased to bring this 7th floor, studio furnished INVESTMENT PROPERTY to the market - with a tenant in situ- investors can look to receive IMMEDIATE INCOME from this property in X1 The Tower.
The apartment is being sold fully furnished with all white goods and we are pleased to confirm there is an EWS1 in place.
This development is extremely popular with working professionals and receives high levels of rental interest thanks to its enviable waterfront location and excellent travel links to the motorway.
The apartment at X1 The Tower is located in the heart of the Baltic Triangle - an area of high rental demand and only a 5-minute walk from The Albert Dock.
Quick Financials
Ground Rent - £513 p/a
Service Charge £1,285 per year
Management Fee - 9%+VAT
Current rent achieved - £650 pcm
Council Tax Band A
Lease Length 999 years
5 year RPI - Billing period - 01 Jan - 31 Dec
X1 The Tower enjoys excellent travel links with easy access to the city center, wider Liverpool and motorway access only a 15-minute drive away.
Since development began in The Baltic in 2012, over £120 million has gone into regenerating the area with a further injection of over £60 million planned for the future.
The Baltic Triangle has been voted 'one of the coolest places to live' in the UK by The Times and has long held its reputation as a desirable neighbourhood in Liverpool.
The area of the Baltic Triangle covers 93 acres of mixed-use land on the southern gateway of the city center into the Dingle and Toxteth area and has housed a doubling in its population since 2010.
In the present day - as a well-established creative and digital hub within the City -the area is home to more than 500 businesses and employs more than 3000 people.
Liverpool City Council's Cabinet has approved the 'Baltic Triangle's draft Spatial Regeneration Framework' which includes recommendations to further develop a new public park, new railway station, enhanced connectivity, additional housing to support City growth to name just a few initiatives.
Viewings of this property are highly encouraged and can be arranged by calling or emailing the X1 Team.
Places of interest
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
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*DISCLAIMER
Property reference SDS210026. 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 X1 Sales and Lettings - Greater Manchester.
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Broadband availability and predicted speed: obtained from Ofcom on November 4, 2022
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on November 4, 2022
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
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