Queens Residence Buy to Let in Liverpool
Located in an area of extensive regeneration, Queen’s Residence is just moments from Liverpool City Centre where a host of retail and dining outlets can be found, and just 5 minutes from the famous Albert Docks which has become one of Liverpool’s most celebrated hotspots Why Liverpool Liverpool’s economy is the fastest growing outside of London generating £17 billion per year. It’s one of the North West’s core cities and principal regional economic drivers. It has a population of over 465,000 people (the 4th largest population in the UK) and is a major employment centre, with 13,500 businesses and some 186,000 jobs. The strength of Liverpool’s economy is evidenced by the calibre of companies it attracts. Sony, Jaguar Land Rover and Grosvenor are all major investors in Liverpool. Network Rail and Liverpool City Region are investing £340 million in the Liverpool City Region rail network to deliver more efficient and reliable railways by 2019. The new direct flight from the North-west to China on Hainan Airlines will facilitate smoother visitor entry. It is expected to generate an estimated economic boost of £250m, greatly benefitting Liverpool in terms of productivity gains for businesses, trade stimulation and inward investments. Vast regeneration schemes, which have dominated the city, have encouraged an abundance of young professionals, wanting to live in the cultural city. Liverpool has therefore seen a huge supply/demand imbalance, with less than two thirds of the homes in the region actually being built. This has therefore seen a knock-on effect on rental income, with landlords generating all-time high yields. The National Housing Federation also forecast private rental costs in Liverpool to rise, with growth forecast to reach as high as 22% by 2021. The two biggest developments have gone on to become the two most popular tourist attractions and features of the city: The Albert Dock and Liverpool ONE. Liverpool currently boasts one of the highest average rental yields. Highlights 1 Bedroom apartments from £125,490 2 bedroom apartments from £185,616 Prices currently 20% Below Market Value 30% deposit and nothing further to pay until completion Deposit protection in Place Full stamp duty paid 2% Interest on Deposits Legal Fees Covered - Up To The Cost of £1k Completing Q2 2023 Experienced Developer For more information or to check the latest availability and plans, feel free to contact us.