If you want a completed property, recently refurbished, with tenants in place, waterside, cheap investment, next to a train station and within walking distance of Liverpool Waters £8bn government investment Quayside is a perfect option.
Getting over 7% yield, this waterside development offers tranquillity for tenants, where they can walk along the canal, watch the rowing boat racing in the summer, or quickly commute to the exciting city of Liverpool.
It’s difficult to argue with the investment opportunity, with immediate income and long term tenants, proven rental income from actual real figures and a superb new management company in place.
If you want to know how happy Quayside tenants are just look at the tenant Facebook page. The property has become a community with many tenants voicing a desire to stay for many years.
Home of The Beatles, famous Cavern Club, Carl Jung, the Liverpool Docks, two football teams and a creative, driven, proud population of Liverpudlians, or Scousers as they are fondly known.
Liverpool is considered as one of the best value waterside cities in Europe, a place where one of the largest developers moved from Sydney to re-imagine the water front, once the powerful shipyard of the city, now a mixed use area of beauty receiving £8 billion in investment.
The waterfront known as Liverpool Waters, is one of those one off opportunities for investors to buy into something genuinely special. While it requires some patience due to the scale, a few years of high yield rental as the area builds to the end vision, a mix of Amsterdam cycle ways, San Franciscan waterfront style property, in the traditional red brick of the traditional waterfront.
Liverpool has one of the largest infrastructure investments in the UK, in the form of Liverpool Waters. This 10 year in the making waterfront development will span from Albert Docks, north with 315,000 square feet of offices, residential accommodation, shops, restaurants and bars.
As with any investment, future growth spikes come off the back of improved infrastructure, there is not much bigger spend in the UK than that of Liverpool.
With postcodes of Liverpool growing up to 31% over the past 5 years, rental market showing 6% – 8% and a growing population Liverpool has the potential to match cities like Leeds and the price per property which goes with that. Liverpool compared to any of the ‘top 4’ UK cities has one major benefit Waterfront.