Below Market Value Property Investment
NEW RELEASE: 14th September 2011
Investment Summary:
Candia Tower Apartments is comprised of 128 luxury 3 bedroom apartments within a private gated community, near the center of Liverpool. Facilities include an on-site gymnasium and a deeded parking space comes with each unit. This is a rare opportunity to:
- Invest into a newly refurbished 3 bedroom apartment, with essential furnishings for £69,000.
- Gain £21,000 instant equity - two RICS valuations at £90,000.
- Start earning monthly rental income from December this year.
- Continue earning 10% NET (£6,900) return for 3 years guaranteed.
- With a Robust exit strategy.
This is an experience developer who has delivered completed projects for investors and paid out on guaranteed returns on time in full.
Other Investment Points:
- Fully Managed
- 24 units ready now, others available on a rolling monthly schedule.
- Growing rental demand and growing rents in the area (RICS Rental Valuations also available).
- 250 year leasehold
- £150 million local center is planned, adding further future value.
- Due to popular demand this proven developer only accepts cash purchases.
RICS = Royal Institute of Charter Surveyors.
Sequence of Availability:
- 6 floors (24 units) 100% complete now.
- 8 floors ready in 45 days.
- 14 floors ready in 120 days.
Images:
View from 8th Level:
History Of the Tower:
Originally erected in the 1970's, a full renovation of the towers was initiated in early 2008 with units in the project selling at that time in excess of £130,000. As the world entered into recession, however, the developer was unable to complete the project. Renovations have now resumed under the guidance of the appointed architectural firm and Liverpool City Council to complete the project to a high standard and in accordance with the planning permission obtained.
About the Development:
Candia Tower Apartments is a prestigious development comprised of 128 luxury 3 Bedroom Apartments within a private gated community, including an on-site gymnasium, management office, on-site security, CCTV and a deeded parking space with each unit, all purpose-built and decorated to a high-quality standard. The units shall be beautifully decorated and furnished with carpet, blinds, light fixtures, and internet connection. The apartments and common areas shall be fitted with the equipment necessary to achieve a prestigious and luxury standard in residential accommodation.
RICS Valuations:
We have current RICS valuations, valuing the units in the current market at £90,000 with rental valuations set between £550 and £600 per calendar month. This will not only assure investors will receive the 10% net yield for the first 3 years, but also provide and immediate capital appreciation of £21,000.
Market Conditions
Due to the current economic climate and the fact that first-time buyers are faced with the insurmountable task of having to raise 25% deposits to purchase a home, we are becoming a nation of renters and the Northwest of England has seen a 20% rise in rental rates this year alone due to the unprecedented demand for rental accommodation. Demand for accommodation in and around City Center also continues to rise as costs of fuel and insurance increase exponentially, meaning demand for the Candia Tower location, so close to City Center is also on the rise.
Location
Everton. Everton is an inner city area located just north of Liverpool city center, with Vauxhall to the west, Kirkdale to the north and Anfield to the north east. The Liverpool entrance to the Kingsway Tunnel is located near the boundaries of this area.
The towers are very well located and benefit from mature site landscaping. Frequent bus services connect the site to Liverpool and Southport; Stanley Park, one of Liverpool's most significant Victorian Parks, is right on the door step.
A new £150m local center is planned, providing the community with improved retail, services, and public realm.
Location Map
Internal Floorplan (Typical 3 Bed)
Price Comparables:
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£105,000 2 bedroom apartment for sale A bright well presented two bedroom apartment situated on the eighth floor of this popular development within easy reach of the city center. The apartment features a timber decked balcony and enjoys impressive city views which include the Liver Building and both cathedrals. |
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£99,950 2 bedroom apartment for sale A bright modern two bedroom apartment situated on the first floor of this recent development on the corner of Chapel Gardens and Great Homer Street within easy reach of the city center. |
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£99,950 2 bedroom apartment for sale Andrew Louis are pleased to offer for sale this beautifully presented two bedroom 10th floor apartment situated in a popular residential development. The apartment benefits from electric heating, double glazing, wood laminate flooring, intercom security, lift access, use of gymnasium & sauna. |
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£95,000 2 bedroom apartment for sale A bright modern two bedroom apartment situated on the fifth floor of this popular development on Conway Street within easy reach of the city center. The property features a balcony with impressive city and river views. |
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£84,950 2 bedroom apartment for sale twelth floor 2 bedroom apartment, fantastic views of Everton Valley and the Cathedrals, lounge, kitchen, secure allocated parking, a residents gymnasium and a site manager |
Rental Comparable:
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£650 pcm 2 bedroom penthouse to rent |
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£550 pcm 2 bedroom apartment to rent |
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£500 pcm 2 bedroom flat to rent |
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£475 pcm 1 bedroom apartment to rent |
Additional Information
For detailed information please contact us by filling out the form below or calling us [+44 (0)203 287 8727]:
- Comprehensive Investor Report with details on Robust Exit strategies.
- Availability, Price List, Floor Plans.
- Details on the Guaranteed Rental.
- Further information.
Please ask us any questions you have, we are happy to help.
We expect these to sell out quickly.
