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Investment - Modern Residential Apartments, The Residence, Water Street, Liverpool, L2

not specified / Other / Residential

For Sale - £92,500.00

Available - Last updated: 13 February 2019

Aspen Woolf is delighted to announce the launch of The Residence, a new investment property in Liverpool.

This brand new residential development will feature some of the best high-end accommodation in the heart of Liverpool’s Business District. Comprised of spacious and modern 1 and 2 bedroom apartments, this luxury residential scheme offers 24 hour concierge, fully equipped gym and a roof garden for stunning views across the city.

Combine this with its excellent location and the city’s strong demand for rental accommodation, The Residence offers a substantial capital appreciation opportunity which is set to face significant demand from the thousands of people that live, work, and study in the city.

Location

Today Liverpool is one of the fastest growing cities in the UK. With access to six million customers and an economy worth more than £149 billion, the local economy is growing by an impressive 15% year-on-year.

Liverpool also has a reputation as a market-leading world class centre for wealth management. Boasting one of the most active ports in the UK, the city has become a hub for international trade with over 28,000 skilled people employed in the business services sector across Liverpool. The Residence in Liverpool is perfected situated to accommodate for this ever rising demand.

Due to an influx of new businesses and a thriving tourism economy, Liverpool has seen a record inward investment poured into the city. One of the main examples of this is the new £5.5 billion Liverpool Waters project, which has transformed the city’s historic docklands area into a bustling commercial and residential district.

As for property, there has been tremendous growth over the last few years too. Thanks to the diverse culture and renowned nightlife on offer, the city is enjoying a strong rental market with a huge influx of students and young professionals alike. With excellent buy-to-let returns averaging 7%, Liverpool is ranked as one of the UK’s top ten destinations for buy-to-let investment.

The Residence is also perfectly placed for young professionals looking to work and live in the city. Situated on Liverpool’s historic Water Street in the very heart of the commercial district, the area is surrounded by the city’s finest architecture which dates back to Liverpool’s prosperous mercantile history. Today, this picturesque part of the city is widely regarded as one of the most desirable places to live in Liverpool.

It’s also located within a few minutes’ walk to the Liverpool One shopping centre, the famous Albert Dock and some of the city’s best bars and restaurants. Excellent transport links are also available with James Street station just a 3-minute walk away.

Accommodation

Luxury 1 & 2 Bedroom Apartments.

  • Rooftop garden with stunning views of the city
  • Gym, Reception & Concierge

Terms

With prices starting at just £92,500, The Residence in Liverpool offers a fantastic chance to own prime real estate in the heart of Liverpool.

Additionally, there’s an option to have your apartments fully managed on your behalf, making this an easy armchair rental investment. With this option in place, investors can look forward to gaining an attractive 7% rental yield assured for the first 2 years.

Specification

Kitchen

  • High specification, handmade units
  • Engineered silver speckle granite worktops
  • Microwave, fridge/freezer and ceramic hob

Bath and Shower Room

  • Pure white bathroom suites with chrome taps and mixers
  • Wet room with thermostatic shower mixer
  • Large shower enclosure
  • Contemporary ceramic porcelain tiling
  • Large vanity mirror
  • Chrome plated towel ring
  • Low voltage shaver socket
  • LED mood lighting throughout

Fixtures and Fittings

  • Full height entrance & internal doors
  • Wardrobes with high gloss cream doors
  • Brushed chrome door handles and light switches
  • Satellite TV and telephone outlets

Security

  • Intercom entry phone system
  • Monitored CCTV system
  • Reception & concierge

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Prices start from For Sale Freehold £92,500.00 NA

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Sales Manager

Aspen Woolf Europe

020 3151 4436



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