Starting price: | £99,000 |
---|---|
Rental Yield: | Projected 10% Yields |
Number of units: | 105 |
A development of 105 luxury residential apartments in Liverpool City Centre and a future landmark residential development on the edge of Princes Dock. Its walls are in touching distance of Liverpool City Centre. Bishop Square will create identity and functionality at a prime location, on a major transitory route into and out of the City
Bishop Square provides luxurious and spectacular city centre living across a range of one and two apartments and studio apartments and is complemented by an attractive podium communal garden and courtyard space. The world-renowned Liverpool City Centre is literally on the doorstep. Just ten minutes’ walk into Liverpool’s bustling shopping district – boasting such names as Selfridges, Harvey Nichols, the famous hip Royal Albert Dock and the sophisticated ambience of Liverpool One.
Reception and Concierge
Landscape Gardens
Private Parking
0.5 miles to Liverpool John Moores University
0.7 miles to Moorfields Station
0.9 miles to Liverpool Line Street
1.1 Liverpool One
Bishops Square offers investors the opportunity to secure up to 20% below market value. Offering considerably more competitive prices than comparable developments in the area. Investors will receive a unique offering via an FCA approved deposit protection bond
Full Deposit Protection
3% Interest on Deposited Funds
Bishops Square is Short- Let friendly. Serviced accommodation is one of the fastest growing sectors within the short term let sector. Demand is driven by the desire for a home from home experience in a more spacious environment similar to the successful Airbnb concept. The opportunity for savvy investors in this sector is undeniable. The returns generated from a serviced apartment let on a short-term basis far outweigh those of a traditional buy to let purchase in the same location. Earnings average between 30% to 35% based on 75% occupancy levels and investors are expected to double their returns in comparison to a standard traditional long term let
Long run occupancy on serviced apartments is 5.8 percentage points higher than hotels
The average serviced apartment’s occupancy level of 76% was higher than the Four Star Hotels in Liverpool with 73.5%
A development of 105 luxury residential apartments in Liverpool City Centre and a future landmark residential
development on the edge of Princes Dock.
Its walls are in touching distance of Liverpool City Centre. Bishop Square will create identity and functionality at a prime location, on a major transitory route into and out of the City
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ADDRESS :
Salford Quays,Liverpool
KEY MARKET STATISTICS
City
1.5 million
people live in Liverpool City Region
66 million
visitors a year supporting over 50,000 jobs
£4.5 billion
in revenue generated in tourism
£149 billion
in GDP and is the Fastest growing economy outside
Rental Yields
2.4%
increase in rental yields in 2017
44%
of tenants not expected to buy in long term
Top 3
most profitable postcodes for rental yields
privately let
Over two thirds of all homes in the city centre be
Sales
£14 billion
spending on new homes and infrastructure
93%
increase in property transactions since 2012
6.8%
increase in house prices over the past year
37%
cheaper to live in Liverpool vs London