sold out
- Overview
- The Area
- History
- Furniture
- Distance
- Purchase Process
- Management
- FAQ's
- Market Due Diligence
INVESTMENT
OVERVIEW
- Only 27 one bedroom apartments
- Available from just £76,499
- Ready to rent furniture packs
- Modern iconic warehouse conversion
- 7% NET yield assured for 5 years
- Designed by experienced and
- successful architects
- Fully managed
- £475 pa - per 1 bed apartment £92,150 pa
- £525 pa - per 2bed apartment £17,850 pa
USE OF:
- Bike storage
- Laundry room
- Extra storage in a basement
WHY LIVERPOOL?
Liverpool is open for business. The city prides itself on being an innovative and open marketplace, and welcomes new investment and development. It offers substantial economic assets and opportunities combined with cultural excellence – it's a knowledge hub with globally respected learning centres; a home to many major high-performing UK companies; a visitor destination with a world-famous skyline; a creative melting pot of music and theatre. Although steeped in history, the city always looks to the future, with important sea and air connections to international markets that place it firmly at the centre of 21st century globalisation.
A PROSPEROUS RENTAL MARKET
Liverpool continues to outperform other regional cities in terms of rental and capital expansion, with a 17.6% rental growth forecast in the next 5 years. Over recent years, the city has enjoyed an incredible period of regeneration, helping to make it one of the most desirable places in the UK to live, work and study, and a rental hotspot.
With one of the largest universities in the UK and increasing graduate job opportunities, it is an ideal city for young renters and students. In 2016, the city ranked second on a list of the top five places in the UK for rental yields, making it an extremely popular option for investors keen to add to their UK property portfolios.
A THRIVING ECONOMY
Investment in Liverpool is at an unprecedented level, with projects including:
- £5.5 billion Liverpool Waters waterfront regeneration - 2.3km of regeneration including 315,000sqm of office space and 27,000sqm of restaurants and cafes
- £35m new northern base for the Royal College of Physicians - the RCP's first Centre of Excellence outside London
- £200m Pall Mall regeneration - office-led regeneration with retail and leisure space
- Liverpool Commercial District BID 2016-2021 – a 5-year investment plan to build on the area's current success
- 10 Streets Creative Hub - a proposed 125-acre regeneration area with the potential to create 2,500 jobs
- Proposed £50 million cruise liner terminal
- Proposed £3.5 million Isle of Man Ferry terminal
THE COLEMAN'S BUILDING
The Coleman's Building is one of Liverpool's most iconic and distinct landmarks, with a façade that has inspired artists, photographers and performers. It is located near China Town in one of Liverpool's most up and coming areas, full of character and local colour. It has a lively, exciting atmosphere that is sure to appeal to anyone who wants to experience all that Liverpool has to offer.
Standing on the outskirts of the Baltic Triangle with views towards the River Mersey, The Coleman's Building is just a few minutes walk from the Liverpool ONE shopping centre and its 170+ stores, bars, restaurants and leisure activities. There are also many amenities closer by, with a large supermarket just on the doorstep. The building is close to the city's universities and colleges, making it an ideal proposition for any of the thousands of students who come to Liverpool to study.
This historic and instantly recognisable building, once a specialist storage facility for the valuable possessions of wealthy Edwardians, has now been converted into 27 New York loft-style one-bedroom warehouse apartments. The generously- sized accommodation ranges in size from 30-67sq.m, with a full private kitchen and bathroom. The building also provides excellent facilities for residents such as bike storage, a laundry facility and extra storage areas in the basement.
The Coleman's Building provides an assured rental income of 7% NET for 5 years. With prices starting at just £76,499, this is a fantastic opportunity to invest in a truly unique development, guaranteed to both generate a high yield and increase in value as the area continues to develop.
The Coleman's Building provides an assured rental income of 7% NET for 5 years. With prices starting at just £76,499, this is a fantastic opportunity to invest in a truly unique development, guaranteed to both generate a high yield and increase in value as the area continues to develop.
The Coleman's Building provides an assured rental income of 7% NET for 5 years. With prices starting at just £76,499, this is a fantastic opportunity to invest in a truly unique development, guaranteed to both generate a high yield and increase in value as the area continues to develop.
FULL FURNITURE PACK
A contemporary furniture pack will be provided for just £2000 +VAT which will include the following:
- Sofa
- Table & chairs
- Desk and chair if feasible
- Double bed and mattress with headboard
- TV
- Bed site cabinets x 2
- Wardrobe
- Cutlery, plates, bowls, pots, pans and utensils
THE BALTIC TRIANGLE
The Coleman's Building is ideally situated close to the Baltic Triangle, recently voted one of the top ten hippest areas in the UK, beating London's Shoreditch and Manchester's Northern Quarter. Independent clubs, cafes and restaurants line the streets and there is always something new and exciting to experience. Over the past decade, the influx of creative and digital firms moving into the Baltic has made it into Liverpool's creative hub, a creative, vibrant and bohemian space that encapsulates the diversity and energy this world-renowned city is famous for, and an ideal area for buy-to-let developments, promising outstanding returns on investment.
DISTANCES FROM THE COLEMAN'S BUILDING
| China Town | 0.8 |
| LIPA | 0.9 |
| Liverpool John Moores University | 1.2 |
| Liverpool Marina | 1.2 |
| Central Station | 1.3 |
| Liverpool One | 1.3 |
| Liverpool Lime Street Station | 1.3 |
| The University of Liverpool | 1.4 |
| Echo Arena | 1.4 |
| Liverpool School of Tropical Medicine | 1.5 |
| Liverpool James Street Station | 1.5 |
| Albert Dock | 1.5 |
| The Royal Liverpool University Hospital | 1.9 |
PURCHASEEXAMPLE
- Choose your property and pay a £5,000 Reservation Deposit
- The solicitors will assist you through the Exchange of Contract (within 28 days)
- Pay remaining balance, minus the £5,000 Reservation fee
- Completion
INVESTMENT RETURNSEXAMPLE
- If purchase price £99,999
- Income from £6,999.93 per annum
- Net Yield: 7% NET assured for 5 years
- Returns from £34,999 in first 5 years
THE MANAGEMENT COMPANY
Based in Liverpool City Centre, Liverpool City Rents are specialists in both the student and residential housing markets, and offer unrivalled knowledge of the property market in the city of Liverpool. They are experts in finding tenants their ideal home and finding landlords their ideal tenant.
Go to www.liverpoolcityrents.co.uk
for more details.
Q. WHAT IS THE ADDRESS OF THE DEVELOPMENT?
A. Park Road, Liverpool, L8 6SH.
Q. WHAT IS THE COMPLETION DATE?
A. The Development is now completed.
Q. IS THE SALE HANDLED BY UK LAWYERS?
A. Yes. A team of commercial solicitors, experienced in the student accommodation investment sector, have been appointed to act on the behalf of investors.
Q. CAN I SELL MY UNIT/S AT ANY TIME?
A. Investors are permitted to sell at any time after exchange of contracts.
Q. WHEN IS MY RENTAL INCOME PAID?
A. Rental income is paid quarterly in arrears direct to your chosen bank account from completion.
Q. AS A NON-RESIDENT IN THE UK AM I TAXED ON THIS INCOME?
A. If you are a UK resident then yes you will be subject to tax. If you are a 'non-resident' in the UK then you are classed as an overseas landlord and may apply to HMRC in the UK for
exemption.
Please note we cannot guarantee that an application to receive rent with no tax deductions will be accepted.
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