Reliance House offers investors generous rental yields in Liverpool
An impressive Edwardian style building located in Liverpool, Reliance House comprises of deluxe residential apartments designed for luxurious living and those who like a touch of class. Reliance House consists of 100 spacious apartments that are made up of 73 one bedroom apartments and 27 two bedroom apartments. The development is aimed at young-professionals and so, it has been designed with a contemporary and modern look, contrasted by expansive ceilings and sash windows that have been fitted to allow in as much light as possible.
Property Investment in Liverpool
It is clear to see just why Liverpool was chosen as the location for this development. The city is vibrant, lively and one of the main business hubs in the UK. It plays a huge part in the trade industry and is steeped in history with more than 2,500 listed buildings and museums are collection and theatres that are world-class are every aspect.
The city is growing and evolving and this can be seen with the Liverpool Waters project. Transforming 60 hectares of historic dockland and costing an impressive £5 billion, the project is going to take 30 years to complete but it will transform the city. Eventually, there will be 17,000 jobs created and so, the private sector is growing at an incredible rate. Alongside this project is Liverpool one, where the regeneration of 42 acres of land is underway. The area will benefit from shopping centres, bars and restaurants and this will make Liverpool an exciting prospect for young professionals but also for investors looking to take advantage of a short supply of properties and increasing demand for homes.
Reliance House is grand in stature and with its Portland stone and decorative architecture, it certainly catches the eye and imagination as it is clear to see that this is a property that has played its part in the history of the location of the development. The building is made of sophisticated red brick façade when viewed from St. Nicolas Church but viewed from Water Street and it is the striking Edwardian style Portland stone that impresses. Therefore, Reliance House comprises of real estate that is secure and of the highest quality ensuring that it creates a strong income and impressive capital growth.
Investors will be encouraged by the fact that Reliance House offers a great investment opportunity. The apartments are expected to return yields of 8% and capital growth considering that it is in a prime, city centre location. As Liverpool is continuing to grow and as young professionals look to move to the historic city to take advantage of work opportunities, Reliance House is offering investors the chance to take advantage of excellent returns through this property investment in Liverpool.
One bedroom apartments start from £119,950 while two bedroom apartments are priced from £159,950 and this proves just how solid the returns are, for what is considered to be a relatively low initial investment.
For more information about Reliance House, please contact Hopwood House.
