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£470,000
Bedrooms
Bathrooms
BE PART OF LIVERPOOLS ICONIC WATERFRONT HISTORY - RESERVE YOUR APARTMENT TODAYTOBACCO WAREHOUSE, STANLEY DOCK, REGENT ROAD, LIVERPOOL, L3 0ANTitanic sized, waterfront duplex apartments for sale. A unique opportunity to live in Liverpools and the UKs historic Tobacco Warehouse.Duplex & Penthouse apartments - complete and ready to move in. The West Bays benefit from the outstanding Riverside, Dockside and City views'Free parking' for 12 x months Tobacco Warehouse - Phase 1, has a Brand-new secure car park nearby.The purpose built; secure, floodlit parking spaces are available for Tobacco Warehouse. Usually, rented at 100 per month but free for the first 12 x months, if you purchase an apartment in Phase 1 today.(Option to purchase car parking at 15,000 per space. Following the first 12 x months the current rental for each car space reverts to - 100 per month.)' Apartment sizes range from - 953 sq ft - 2,700 sq' 2 & 3 bedroom, duplex apartments & penthouses' Parking - 15,000 per space' 5 Star concierge & Management Team' Truly Unique Waterside living' New York Loft - style lifestyle in a walled, navigable marina including the Titanic Hotel' Extensive waterside and city viewsDUPLEX APARTMENTSAll apartments below penthouse level have generous open-plan duplex living spaces and modern finishes that evoke New York loft-style living.Each unit features double - height living rooms with mezzanine floors linked by architecturally designed staircases'. Exposed industrial concrete ceiling beams, pillars and brick walls are retained throughout.Standard features include kitchens integrated with European- manufactured appliances in addition to fully equipped and tiled bathrooms and en-suites.THE TOBACCO WAREHOUSE @ STANLEY DOCKThis is Liverpools long awaited landmark development!The UNESCO World Heritage site has always held great interest across the Northwest and the whole of the UK and there has probably not been a comparable development in Liverpool since the Colonnades at Albert Dock.It is currently the largest warehouse conversion in the UK.Phase 1 of Stanley Docks redevelopment comprised the multi-award-winning Titanic Hotel & Rum Warehouse Conference Centre creating a truly unique destination for Life, Work & Leisure.Phase 2 comprises the redevelopment of the Tobacco Warehouse which is being transformed and nearly complete into two- and three-bedroom, duplex, dual aspect, loft-style apartments, overlooking the historic waterfront. The 14-storey Tobacco Warehouse was at the time of its construction in 1901, reported to be the worlds largest building with a floor-area of approx. 15,000 sq.m. (1,614,586 sq.ft.). Its construction used 27 million bricks, 30,000 panes of glass and 8,000 tons of steel.REGENERATION LOCATIONThe development sits at the heart of the North Docks, only a short walk from Liverpool City Centre. The surrounding area is set to undergo major regeneration with the Ten Streets and Liverpool Waters masterplan advancing. In addition, the new Everton Stadium has gained government approval and is planned to be complete for the 2024/2025 football season.As a result, Tobacco Warehouse & Stanley Dock are set to become an important uptown district and trendy new area for the City of Liverpool.PURCHASE DETAILS:Leasehold 250 years.Annual ground rent: PeppercornCurrent service charge 1.59 Sq FtAdditional car park service charge 644.53 paRESERVATION FEE - 1,000EXCHANGE DEPOSIT - 10% ( Less the 1,000 reservation fee ) Payable within 28 days ( from receipt of contract )CONTACT LOGIC NOW TO RESERVE YOUR APARTMENT OR BOOK YOUR VIEWING.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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