X1 The Terrace is the 4th phase of Liverpool's X1 The Quarter. Consisting of 101 luxury apartments ranging from 1, 2 and 3 bedroom apartments overlooking Liverpool's Iconic Docks, X1 The Terrace is set to be the most sought after residential development in the city.
X1 The Terrace is phase 4 of the impressive development at the award winning X1 The Quarter.
The development will be complete for September 2016 and will boast 101 apartments, split over a selection of 1,2 and 3 bedroom apartments.
In addition to this, there will be 160 private secure car parking spaces.
Located on the impressive dockland area, X1 The Terrace will be perfect for all city dwellers and offers the perfect retreat from city life yet remains in the desirable urban location.
X1 The Terrace is the fourth phase in the award winning X1 The Quarter Development. Buy To Let Investors will get a rental Assurance of 6% Net for the first 3 Years. X1 The Terrace consists of luxury apartments ranging from 1 beds to 3 Bedroom apartments. The apartments can be purchased for self occupancy as well as a buy to let investment.
Phase 1, 2 and 3 are all 100% sold out and 100% tenanted. X1 The Terrace is set to follow the fantastic success of the first three phases and become Liverpool's most sought after residential development.
X1 The Terrace is situated directly opposite the iconic Liverpool Docks. As some of the apartments come with the luxury of private balconies, residents will have views overlooking The Docks and The River Mersey.
Investment Projection for a 2 bedroom apartment (£134,950)
What Is The Address:
The Terrace at X1 The Quarter, Sefton Street, L8 5RS
What Is The Leasehold:
999 years leasehold
What Is The Rental Assurance:
Returns of 6% NET are assured for the first 3 years
Who Is The Management Company:
The designated management company will be X1 Lettings, who will block manage and let the building. They have a 100% tenancy rating on the previous 3 phases.
Are there tenants in place?
No, The Terrace at X1 The Quarter is a new-build development which will be furnished to the highest of specifications and will be ready to accept tenants in Q3 2016
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Are there any restrictions if i want to sell?
No, The Terrace at X1 The Quarter is a residential development so you are free to sell your apartment on the open market as a buy-to-let apartment