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Liverpool's New China Town creates opportunities for investors

7th May 2016 Print

New China Town is a major development project taking place in the heart of Liverpool, and is one of the most ambitious urban projects of its kind taking place anywhere in the UK right now. It is also an exciting project for investors, as it is creating a number of new and relatively affordable opportunities to invest in the thriving city centre of one of the UK's major cities.

The New China Town project aims to create a new, exciting, and modern urban quarter within the city centre of Liverpool. Initial development is scheduled to be carried out in three phases, the first of which already began in the later stages of last year. These first phases are due to be completed by the second quarter of 2017, but plans are also being made to continue expanding upon the initial creation of New China Town, with developers already considering options and opportunities for further development phases in the immediately surrounding area.

Once the initial three phases are complete, there will be a total of 790 residential apartments in New China Town. These will benefit from a great city centre location, close to key areas such as the main shopping district, the UNESCO heritage waterfront, and university sites. The beautiful architecture of Liverpool Cathedral is also very close to the New China Town site.

For the growing number of investors taking an interest in property investment in Liverpool, New China Town represents an exciting new opportunity. Liverpool is one of the UK's premier cities and an attractive investment market, and is well-placed to benefit from the Northern Powerhouse initiatives in the coming years. It is home to a thriving student crowd, for which the location of this new project falls within the catchment area, and its major port makes it a hub of international travel and trade. This port will soon have the distinction of being one of only a few in existence that can host the latest generation of seaborne carriers, further boosting the international profile of the city as a trade hub.

The city centre is the bustling heart of the city and of its property market, and therefore is a prime place to invest. However, being a prime market and an area that is already heavily developed, it is not always the most accessible part of the city in terms of either price or the availability of new builds. By developing a whole new urban quarter, this project is creating a large number of new investment opportunities all at once. 

There will be nearly 800 new residential units involved in the initial three phases which have already received planning permission, and these range from studio apartments to three bedroom town houses. These are offered at competitive prices – starting from just £106,994 – and come fully managed for a low management fee, and with assured rental yields of 7% for the first two years after completion.