An outstanding buy-to-let investment opportunity
We are delighted to announce the launch of one of Liverpool's most ambitious and striking residential developments, The Residence at 8 Water Street. The scheme consists of 96 individual residential units split into 1 bedroom and 2 bedroom apartments. Outside spaces are available to residents on the second and fifth floor in the form of a modern roof garden providing stunning rooftop views of the city.
The development offers the best high-end accommodation in the area along with a fantastic location, thereby appealing to tenants who are looking for quality apartments and are willing to pay for it. Based on the city's strong demand for private rented accommodation we anticipate extremely high demand from culturally-aware young professionals in the city centre.
The Residence at 8 Water Street represents an outstanding buy-to-let investment opportunity. The location and apartment design are perfectly suited to meet the high rental demand of the Liverpool city centre market. Investors can benefit from a 7% NET rental return guaranteed for 2 years.
The apartments at 8 Water Street will represent an "affordable luxury" proposition to prospective tenants and purchasers. Both the one bedroom and two bedroom apartments provide ample living space with large combined kitchen and living rooms, well-appointed bathrooms and spacious bedrooms.
The design scheme consists of white, beige and light tones creating an airy atmosphere. In addition, polished oak flooring and panelling will be used throughout each apartment further reinforcing the luxury specification. The unique "porthole" style windows give the apartments a unique look and feel.
Each kitchen will include handmade units finished in high gloss cream, along with fully integrated appliances including a microwave, a fridge/freezer, ceramic hobs and a stainless steel extractor fan. The open plan layout of the kitchen is further enhanced by feature lighting above and below the wall units. Each bathroom will be fully fitted with white bathroom suites including chrome taps and mixers. Large shower enclosures will be another key feature along with large full-length vanity mirrors, chrome plated towel rings and low voltage shaver sockets. LED mood lighting will further add to the high-end feel of the apartment. The main objective is to create a highly desirable living space with modern styling and high quality fixtures and fittings.
53 units | Price from £95,500
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The apartments have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility. With local demand consisting of young professionals, students and tourists, the income potential of these apartments is very attractive.
The development is perfectly suited for tenants looking to live in the city's thriving business district whilst benefiting from close proximity to the historic waterfront, Liverpool One shopping centre, some of the city's best bars and restaurants and most importantly, the city's biggest multinational employers.
Liverpool's bar, restaurant and hotel industry is booming, with new figures showing that restaurants and cafes in Liverpool increased by 17.1% over the last five years, trumping London's 13.4%. The same increase has been seen with bars and pubs increasing by the same percentage compared to just 1.3% in Manchester.
Residents of The Residence at 8 Water Street will be able to experience the area's vibrant lifestyle due to the fact the development is within walking distance of the some of the area's finest bars and restaurants
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