This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£45,000
Flat for sale, Norfolk Street, Liverpool, Merseyside, L1
Features and Description
- Ready-Made Investment Opportunity
- 20% Gross Yield
- No Onward Chain
- Sold With Tenants In-situ
Reeds Rains are delighted to offer for sale, this studio apartment located in the popular Baltic View Development. The apartment is located in one of Liverpool's most in demand areas, just a short walk away from a number of bars and restaurants in The Baltic Triangle.
The property briefly comprises of open plan kitchen/living/dining area with modern kitchen and bedroom, and a separate three piece shower room.
The property is currently let for £770pcm with the rent due to increase to £790pcm in October 2025, making for an outstanding investment opportunity with a gross yield of over 20%.
Council Tax band - A
EPC Grade - B
EXTERNAL / COMMUNAL
Secure fob access to building, stairs and lift to all floors, large communal areas with various social activities.
Hall
Entrance to the property with small storage cupboard, provides access to living space and bathroom.
Living / Bedroom / Kitchen
Open-plan living, dining, bedroom and kitchen. Kitchen is fitted with a number of integrated appliances.
Bathroom
Three piece bathroom suite with shower cubicle, toilet and wash basin.
General Info
Lease: 250 years from 1 January 2019 (243 years remaining approx)Service charges: £3,400 per annum (£850 Per Quarter)Ground rent: TBC
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Norfolk Street, Liverpool, Merseyside, L1
Additional Information
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Property refLIV250218
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EPCB
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TenureLeasehold
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Lease length243 years
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Council TaxA
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£3,400
Do you have a property you need to sell?
Reeds Rains Estate Agents Liverpool
Reeds Rains Liverpool
24b North John Street, Liverpool, L2 9RP
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
£
Borrowing £40,500 and repaying over 25 years with a 2.5% interest rate.
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Energy Efficiency Rating
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81CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs