1 bedroom studio for sale

£169,000 OIRO

1

Bedrooms

Floorplan

An amazing apartment at set on the first floor overlooking the courtyard then views over the stunning floating gardens directly below them, it is situated in Liverpools Thriving Central Business District, and a stones throw away from the 5.5bn Liverpool waters project. This fabulous apartment build The Gateway sits in the heart of the Northern Quarter offering ease of eco-friendly living, and a residential experience unparalleled in the region, this development offers an opportunity to invest in a pioneering buy-to-let project which holds the most futuristic modern architectural design unlike anything else on the market.
In comparison to anything else on the market currently, there is not one other project completed nor off-plan which offers all of following;
Most sought-after postcode in Liverpool (L3) Business district (1000 businesses on doorstep)
A location which neighbours the Liverpool waters 5.5bn project (Long term sustainable capital/rental growth)
Unrivalled 5' Facilities including Reception with 24/7 Concierge, Luxury Spa, Pool, Fully Equipped Gym, Rooftop Terraces, Sky Gardens, Bar/Cafe, Restaurants and more.
A record 14 individual accessible facilities or services.
7-time Award Winning Developer including UKs Most Trusted Developer 2022
Luxury Materials included that are rarely used in central properties including stone worktops, solid wood flooring, integrated wine coolers, Bosch appliances and Belfast-style sinks.
Future-Proof Eco Energy Technologies - Heat Recovery Systems, Solar Panels, and Intelligent Leak Detection to keep service charge & Utilities low and stabilised.
Net returns in excess 7% year one, projected returns of 10% year 2.
All previous Legacie sites are fully tenanted 19 major completions
Apartment Recommendation (Best overall Value)
. Due for completion Q2/Q3 2026
This along with the high end white goods and excellent location makes this property one NOT to miss for either a wonderful home or a fantastic investment.
Annual Service Charge: 1,050
Annual Ground Rent is : 0



LOUNGE/DINER This light filled lounge/diner is ideal to rest and relax with open plan to the kitchen, high end furnishings and floor to ceiling windows overlooking the courtyard then views over the stunning floating gardens directly below them.

KITCHEN Open plan to the lounge and includes stone worktops, integrated wine coolers, Bosch appliances, Belfast-style sinks and solid wood flooring.

BEDROOM AREA Having fitted wardrobe and power points

BATHROOM An ultra modern bathroom with high end fittings, low flush WC , vanity sink, bath with shower over.

OUTSIDE Having on site reception area, wonderful on site Spa, cafe, Gym, Private dining room, on site cinema and concierge.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 133675

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 4225
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 6925
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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