Starting price: | £99,000 |
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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.
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
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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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