Prime student property development in Liverpool offers investors 8% assured for five years
Hopwood House are delighted to showcase the excellent Baltic 56 development, a prime student property development based in Liverpool's Baltic Triangle. As many of the UK’s northern cities have, Liverpool as a city has seen huge regeneration over recent years, transforming it into a big player in the world of property investment and becoming one of the UK’s best buy-to-let investment hotspots.
The Baltic Triangle in Liverpool is no exception, and is well-known as a fantastic creative hub, in which many fashion designers, artists, musicians, students and young entrepreneurs live, work and study. The historic city centre area has experienced regeneration of late, and whilst being a short distance away from Albert Dock, the Baltic Triangle is considered as Liverpool’s very own New York Meat-Packing District. Located in the heart of Liverpool’s bustling Baltic Triangle, Baltic 56 is a fantastic new student development that new and seasoned investors alike are sure to be interested in.
Self-Contained Studio Apartments Situated in the Thriving Baltic Triangle
Baltic 56 in Liverpool is to consist of 120 separate studio apartments, providing fantastic comfort, high-specification and comfort for all student tenants to enjoy. The self-contained studio apartments are very spacious, designed specifically to give students an enjoyable living environment in one of the best locations in Liverpool. This investment includes a furniture pack for you to kit your apartments out, whilst Baltic 56 has a range of other benefits for students, including a gym, a laundrette, a cinema room and a communal games lounge.
As it is located in the Baltic Triangle, Baltic 56 is within walking distance of the city centre, as well as being just a 5-10 minute walk away from Liverpool’s popular Liverpool One shopping centre. The Liverpool Institute for Performing Arts, the John Moores University and the Redbrick University of Liverpool are also all within walking distance, making Baltic 56 the ideal place for students to live.
Liverpool’s UNESCO waterfront and Creative Quarter is set to experience more than £5bn of investment, with many different regeneration projects planned throughout the city. These projects are expected to increase the amount of homes, jobs and leisure interests in and around the city, with the Baltic Triangle and other key areas of the city set to benefit.
The Baltic 56 Development as an Investment
The fully managed, hands-off Baltic 56 development has a number of different selling points that are sure to appeal to a wide range of investors. Baltic 56 has 8% net yields assured for five years and 2% net interest on deposited funds, whilst there is a set 0% stamp duty. The development comes with a 250-year leasehold, having been produced by a trusted developer, and is set for completion in Q2 2019.
The purchase process of Baltic 56 consists of completion of the reservation form and payment of the £5,000 reservation fee, with 25% of the purchase price due on exchange (typically within 28 days) and a further 25% stage payment due on 1st August 2018. The remaining 50% of the purchase price is then due on completion of the project, minus the initial reservation fee.
For more information on this exciting student property investment, please contact Hopwood House.
