Urbanisation has become a global trend. According to UN research, 54% of the world’s population was urban in 2014. The figure is expected to rise to 66% by 2050. The rapid rate of increase means that city planners need to build a lot of new homes over the coming decades in order to copy with cities’ expanding populations. Liverpool, for example, saw its city centre population double in the decade to 2011, according to Census data.
Urban life has become popular for a number of reasons and city centre living in the UK is now highly prized. There are economic advantages to life in the city: there are more opportunities to earn money than there are in rural areas. There is also the convenience of city centre living, with shops, restaurants, nightlife and cultural resources from libraries to museums to art galleries all readily available.
Parliament Residence in Liverpool is a prime example. The property is ideally located to allow tenants easy access to the city’s central business district, where they can take full advantage of the economic opportunities on offer. The trendy Baltic Triangle and Albert Dock region are also nearby, which are ideal for everything from shopping to socializing.
For developments such as this, strong tenant demand is fueled by increasing levels of urbanization. This demand is excellent news for investors. At Parliament Residence, they can look forward to 7% NET income per annum assured for the first three years, with investment starting from just £109,900.
City centre living also appeals to many for its social and entertainment benefits. At Liverpool’s Albert Dock, summer season highlights include the Tate Liverpool’s Mondrian exhibition, the International Mersey River Festival, the Liverpool Biennial, the Brouhaha carnival parade and the Liverpool Pirate Festival. And that’s just a snapshot of what’s going on in the city this summer.
Stuart Johnson, Business Development Manager at Prime Centrum, comments,
“Liverpool really showcases why city centre living has become so sought after. The vast array of amenities on offer means that everything residents could need is within easy reach, while the varied entertainment programme offers something for all ages. City centre residents can also enjoy being part of the dynamism and drive that can be felt in Liverpool’s business district. The opportunities here are fantastic – for both residents and investors!”
For more information, contact the Prime Centrum team and download the Prime Centrum Liverpool City Guide 2016 for free.
Liverpool is known for being a buy-to-let hotspot, returning some of the most favourable yields in the country for those with the foresight to invest there. A thriving business and start up hub with an active cultural scene and a UNESCO World Heritage waterfront, Liverpool offers an exciting blend of commercial opportunity and creativity for those who choose to live there.
Savvy investors have been keen to purchase apartments in top Liverpool locations in recent years, as professional tenants put demand on the housing infrastructure that supply cannot keep up with. The latest stunning building to be launched to the market is Parliament Residence. Presented by specialist real estate consultancy Prime Centrum, the building has been quick to win over the hearts of those looking for a luxurious, waterfront investment in the city.
Stuart Johnson, Business Development Manager at Prime Centrum, explains,
“We have been delighted by how well Parliament Residence has been received since we launched the development in late May 2016. Less than a month after the launch date, a full 30% of the project has already sold. We were expecting interest to be high, given Parliament Residence’s high spec and waterfront location, but we are really impressed by just how quickly the apartments are selling.”
There are several reasons behind Parliament Residence’s strong appeal. The great waterfront location plays a key role. The development offers views over the historic Queens Dock and Albert Dock, as well as Liverpool Cathedral. It is well placed for access to the city’s central business district, as well as to the shops and leisure facilities that are packed into central Liverpool.
The fact that the building are managed by Sutton Kersh is also significant. Sutton Kersh are part of Countrywide PLC, the UK’s largest estate agency group, responsible for managing 100,000 properties. Sutton Kersh alone manage 3,000 homes in Liverpool and this extensive experience will be invaluable to investors looking for a hands off buy-to-let investment at Parliament Residence.
With the apartments offering early investor discounts averaging 22%, the availability of instant equity at Parliament Residence makes the development even more attractive. The luxury apartments are set to appeal to some of the city’s most affluent and ambitious young residents and the combination of capital growth and strong yields (7% NET income p.a. assured for the first 3 years) has clearly caused a stir of excitement within the global investment community.
For further details please contact the Prime Centrum team. You can also download the brand new Prime Centrum 2016 UK Buy-to-let Guide free of charge.
It’s been a busy few weeks for the Prime Centrum team. Late May saw the launch of the stunning Parliament Residence development to investors looking for buy-to-let apartments with healthy yields in an area of strong rental demand in central Liverpool.
Details of the site are available online and Prime Centrum has just released a video of Parliament Residence in order to let investors drill down visually into the detail of the building and what the apartments and other amenities will look like once construction is complete.
Now, Prime Centrum has revealed its latest launch: the 2016 UK Buy-to-let Guide. This handy resource is packed full of information on turning property into profit in the UK. Ideal as a resource for the novice buy-to-let landlord, it’s also got plenty of hints and tips in to make it relevant even to seasoned property investors with a string of properties in their portfolio.
Stuart Johnson, Business Development Manager at Prime Centrum, comments,
“We wanted to produce a buy-to-let guide that was crammed with meaningful information in order to enable investors to make informed choices and to understand their responsibilities as well as the attractions of buy-to-let. The 2016 UK Buy-to-let Guide isn’t a sales brochure – far from it, in fact. We’ve worked hard to ensure that it is an informative, relevant document that will be of benefit to all those involved with buy-to-let property, particularly investors new to UK property. It will be worth reading whether they are thinking about buying their first property or their tenth.”
The 2016 UK Buy-to-let Guide can be downloaded for free as part of Prime Centrum’s commitment to supporting investors to make educated choices. The guide is the first in a series of brochures that will be freely available from Prime Centrum to anyone interested in making money from buy-to-let properties in the UK. Further guides will be announced on the website over the coming weeks.
For further details please contact the Prime Centrum team.