New luxurious living development in Liverpool seeks investors
North Point, a new, contemporary living development, is going to be built in a prime spot in the heart of Liverpool, just minutes from the city centre and the business district. The project has now started seeking investors to pre-purchase units, and is offering some attractive packages as an incentive to buy.
North Point, Liverpool will form one of the flagship developments of the new “Pumpfields” district, which will effectively become an extension of Liverpool's bustling town centre. In a bustling, high-demand, undersupplied urban housing market, this new development will be extremely well-placed to appeal to Liverpool's many young professionals. It will offer high living standards on a prime spot that is close not only to the city's high-quality amenities but also to the business distract where many major professional and financial services firms reside. It is also in easy reach of the site earmarked for the proposed Liverpool Waters Project, which hopes to create jobs for a further 20,000 people.
The development is designed to offer luxurious standards of living, with a number of premium facilities available to residents on-site. In combination with its excellent location, this leaves the development ideally placed to appeal to the city's many affluent single professionals and couples, and helps to maximise rental yields by targeting those tenants who will pay more for the best standards of living. On-site amenities include a fully-equipped spa, a completely operational gym, l and a rooftop restaurant which benefits from attractive sea views. There are also gardens, accessible to the public, which grow fresh produce for use in the restaurant, and extensive residents-only sky gardens, providing those who eat on the terraces of the rooftop restaurant with beautiful green surroundings. On top of this, residents have access to a club lounge, a fully secure 24 hour car park (complete with car washing facilities), and the benefit of a 24 hour hotel-style concierge service.
Besides the on-site facilities, North Point will offer residents easy access to some of Liverpool's most desirable amenities thanks to its excellent, central location. Nearby Liverpool ONE offers a billion pounds worth of shopping and leisure facilities, while Bold Street and Ropewalks provide a selection of high-class bars and restaurants.
Once completed, therefore, the new development will have plenty of tools at its disposal to attract tenants and generate returns. At present, however, it is at the stage of attracting investors looking for high yield property investments in Liverpool, and the package it is offering for this purpose is almost as attractive. Such a high-quality and well-located development in a high-demand and high-return market such as Liverpool inherently has plenty to offer investors, but these attractions are boosted by some very favourable terms.
Those who purchase apartments will get assured rental returns of 7% net for three years after completion, or 8% for studio purchases. Prices are also very attractive for an opportunity of this calibre, starting at just £85,431 for studio apartments. One bedroom apartments carry a price tag of just £105,913, and two bedroom properties cost only £129,650.
For more information about North Point, please contact The Overseas Investor.
