Falkner Place, Liverpool Brochure

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FALKNER PLACE

AT THE GEORGIAN QUARTER

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FALKNER PLACE

AT THE GEORGIAN QUARTER UK BUY-TO-LET EXCLUSIVE

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EXECUTIVE SUMMARY

INVESTMENT HIGHLIGHTS

FALKNER PLACE

> Early investor discount > 7% NET assured income for 3 years > 20% capital uplift forecast before completion > Located in Liverpool’s desirable Georgian Quarter

For a long time, buy-to-let property has been a popular choice for investors. Those who bought at the right time have been rewarded with strong capital growth and rising rental returns.

> Fully managed investment designed for UK and overseas investors > Attractive capital growth potential

Exclusive to Experience Invest, Falkner Place is a new residential property investment located in one of Liverpool’s most desirable residential areas. Occupying a prime location which has convenient transport links and is walking distance to the city centre, its main attractions and its universities, the development is well-positioned to appeal to Liverpool’s thriving rental market.

Between 2001 and 2011, the number of people renting in Liverpool’s private rental sector increased by 82.1% (2011 Census).

For investor security, 7% assured NET returns are offered to safeguard the first three years of the investment.

“Liverpool City Centre remains one of the UK’s most affordable major cities for property investors.”

The population of Liverpool’s city centre is forecast to increase to 496,000 by 2037 – up from 472,000 in 2016 (ONS). Strong demand for properties in private rental sector continues to boost Liverpool’s property market. 3


INTRODUCING

FALKNER PLACE Located in the affluent Georgian Quarter of Liverpool, the impressive £15 million project will see 109 residential apartments built ranging from studios, 1 bed, 1 bed duplex and 2 bed duplex apartments.

INVESTMENT SNAPSHOT IMPRESSIVE NEWBUILD APARTMENTS DESIGNED FOR LIVING · Located in the heart of Liverpool’s prestigious Georgian Quarter · Studio, one bedroom, one bedroom duplex and two bedroom duplex apartments · Selection of desirable on-site facilities

PRIME CENTRAL LOCATION · Walking distance to Liverpool’s city centre and its main attractions and universities · Conveniently located with great transport links · Less than a 10 min walk to the Liverpool Women’s Hospital

OUTSTANDING GROWTH POTENTIAL · ·

Well positioned to capitalise on the continued regeneration of Liverpool’s city centre and its surrounding area A part of the regeneration of the UK’s largest collections of terraced Georgian townhouses and Grade II listed buildings outside of London 4


WHY INVEST IN LIVERPOOL? MARKET OVERVIEW

MARKET FUNDAMENTALS 11%

£ 5.5

22%

RENT

41%

BILION

FASTEST GROWING ECONOMY OUTSIDE OF LONDON

MAJOR INVESTMENT AND REGENERATION WITH PROJECTS INCLUDING THE £5.5 BILLION LIVERPOOL WATERS SCHEME

HOME TO ALMOST HALF A MILLION PEOPLE, LIVERPOOL IS A MAJOR UK CITY AND IS ONE OF THE COUNTRY’S LARGEST ECONOMIES

PROPERTY PRICES IN LIVERPOOL CITY CENTRE HAVE CLIMBED BY 41% OVER THE PAST 3 YEARS (WHICH? MORTGAGE ADVISERS)

AVERAGE RENTS INCREASED BY 11% IN 2015 (HOMELET)

PRIVATE RENTAL COSTS FORECAST TO RISE BY 22% BY 2022 ACCORDING TO THE NATIONAL HOUSING FEDERATION

WHY INVEST IN FALKNER PLACE?

EARLY INVESTOR DISCOUNT

20% CAPITAL UPLIFT FORECAST UPON COMPLETION

A HSBC REPORT SHOWS RENTAL RETURNS IN LIVERPOOL ARE OUTPERFORMING THE CAPITAL

7% NET P.A. ASSURED FOR 3 YEARS

FULLY MANAGED INVESTMENT DESIGNED FOR UK AND OVERSEAS INVESTORS

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IN THIS REPORT ABOUT EXPERIENCE INVEST

6-7

THE OPPORTUNITY

8

LOCATION

9-11

FINANCIALS

14-16

MARKET FUNDAMENTALS

17

FAQS

18

NEXT STEPS

19

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INVEST IN CONFIDENCE

RECENT TRACK RECORD

BUILDING SUCCESS

From high specification buy-to-let apartments to purpose-built student accommodation, Experience Invest has a proven track record in delivering new-build developments across major towns and cities in the UK.

Experience Invest is one of the most reputable and well-established companies in the industry. The Company’s unrivalled knowledge of the UK’s property market and understanding of investors’ needs has allowed the business to expand over the last 11 years.

Here is a selection of our most recent projects.

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19

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“Over the past 18 months, Experience Invest’s global recognition has enabled the company to sell more than 1,200 properties in over 50 countries worldwide across our portfolio of projects.”

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“Experience Invest has a number of successful property developments in major UK cities which are achieving up to 100% occupancy levels and are satisfying all stakeholders.”

1. London Park House | Luton Sold out & fully occupied

11. L1 City Living | Liverpool Sold out & under construction

2. Artesian | Liverpool Sold out & fully occupied

12. Queensland Place | Liverpool Sold out & under construction

3. Falkland House | Liverpool Sold out & fully occupied

13. Parliament Place | Liverpool Sold out & under construction

4. 90 Princess Street | Manchester Sold out & fully occupied

14. Calderdale House | West Yorkshire Sold out & under construction

5. Chaucer Court | Canterbury Sold out & fully occupied

15. Royal Oak Court | Liverpool Sold out & under construction

6. L1 Student Living | Liverpool Sold out & fully occupied

16. Victoria House | Leeds 75% sold out

7. Union House | Bournemouth Sold out & fully occupied

17. One Wolstenholme Square | Liverpool 50% sold out

8. Libertas | Liverpool Sold out & fully occupied

18. Opto House at London Spring Place | Luton 75% sold out

9. Chapel Street | Luton Sold out & under construction

19. The Residence Manchester 50% sold out

10. Norfolk House | Liverpool Sold out & under construction

20. Falkner Place at the Georgian Quarter | Liverpool New launch! 7


THE OPPORTUNITY

EARLY INVESTOR DISCOUNT

FALKNER PLACE

INSTANT EQUITY

Falkner Place is located in one of Liverpool’s most affluent neighbourhoods. The development comprises 109 residential apartments consisting of 21 studios, 64 x 1 beds, 12 x 1 bed duplexes and 12 x 2 bed duplexes.

Off plan apartments in Falkner Place at the Georgian Quarter are priced competitively when compared to the local market’s current stock and new-build pipeline. A recent valuation supplied by an independent surveyor has indicated a 20% discount on the price of the apartments in Falkner Place. This is a projection based on the anticipated future value of the apartments upon completion.

Investors will secure a long lease on a high specification new-build apartment which will provide an assured income of 7% NET per annum for 3 years.

The opportunity is designed for UK and overseas investors to allow for strong returns, whilst maintaining full control over capital. Investors are able to sell the property at any time after Exchange of Contracts to a buoyant property market.

Designed to complement the surrounding area, the Georgian inspired development will be spread over 5 floors and will be finished to a high standard. To suit the needs to today’s high end rental market, the building will be further enhanced with on-site facilities such as a concierge and a modern gym. Apartments in Falkner Place will appeal to the city’s young professional population and those who wish to live in one of Liverpool’s most sought after neighbourhoods.

7% NET ANNUAL RETURNS ASSURED FOR 3 YEARS “Investors will secure a long lease on a high specification newbuild apartment which will provide an assured income of 7% NET per annum for 3 years.”

Fully managed and hassle-free, investors will receive a 7% NET return per annum which will be assured for the first 3 years of the investment.

Property prices in Liverpool city centre have increased by 41% over the last 3 years (Which? Mortgage Advisers) 8


NORTHERN POWERHOUSE Liverpool is the latest city to join the government’s Northern Powerhouse initiative. The city is the fifth region to sign up to the deal which will help position the area as a ‘gateway to the north’.

Leeds

The Northern Powerhouse scheme will help strengthen Liverpool’s place within the global community and will enhance the region’s connectivity with key cities in the north.

Two major airports within a 45 min drive connects

Liverpool is home to international business including the Bank of New York, Jaguar Land Rover, Maersk, Novartis and Sony.

Liverpool with the rest of the world.

ster

Liverpo

ol

e Manch

Liverpool is only two hours by train to London and has direct rail links connecting it to major economic hubs such as Manchester, Birmingham, Leeds, Sheffield and Nottingham.

London

£300 million investment in the Liverpool2 Deepwater Terminal project will allow the 33% INCREASE IN OFFICE TAKE-UP

THE LIVERPOOL REGION HAS A

LIVERPOOL SAW A RECORD NUMBER

IN THE PROFESSIONAL SERVICES

POPULATION OF 1.5 MILLION PEOPLE

OF NEW START-UPS IN 2015 WITH

SECTOR IN 2015 (LIVERPOOL VISION)

WHICH DRIVES A £20 BILLION ECONOMY

4,473 NEW BUSINESSES CREATED

IN THE CITY REGION

(LIVERPOOL VISION)

terminal to accommodate 95% of the world’s largest ships.

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PRIME LOCATION

Kensington

Hunter St

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Q u ay

Falkner Place is nestled nicely in Liverpool’s prestigious Georgian Quarter. The area is prefect for residents who enjoy living in the quieter part of the city’s centre.

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St

London Rd

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Liverpool Lime Street

Liverpool O ne

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The Georgian Quarter has a wealth of history and has housed famous residents over the years.

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Edge Ln

B5178

omen’s Liverpool W Hospital

St

G e o rg i an Q u a r te r

Stan d St

CITY CENTRE

Parliam Upper

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S andon

R oya l k Alber t Doc

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R E N K L FA PLACE

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The development itself is set against a leafy backdrop and it is surrounded by streets lined with stunning period properties which have been renovated back to their former glory.

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Falkner Place at the Georgian Quarter is just a short walk from Liverpool’s city centre and its main attractions, hospitals and universities.

ra s

ill

L i ve r p M o o re s o o l J o h n U n i ve r sit y Liverpool Central

The city centre suburb is an incredibly stylish part of Liverpool and it is home to one of the UK’s largest collections of terraced Georgian townhouses and Grade II listed buildings outside of London.

The area is popular choice for those looking at the higher end of the rental market. Families, doctors and professionals are particularly attracted to this peaceful part of Liverpool’s city centre.

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University Liverpool

Grove St

New

CITY CENTRE LIVING WITHOUT THE HUSTLE AND BUSTLE

A580

iverpool The Royal L ital Hosp University

Cha lone r St

Parlia Upper

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SPECIFICATION

Images are for illustration purposes only.

“Apartments within the development will be finished to an exceptional standard. The modern finish of the apartments will appeal to Liverpool’s rental market and will meet the high standard of living expected from properties in the area.”

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“Designed with Liverpool’s vibrant rental market in mind, The Georgian Quarter will feature a selection of highly desirable on-site facilities.”

Images are for illustration purposes only.

FACILITIES

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INVESTMENT OPTIONS

“Overview images provide a guide of the average floor plan of a studio and a 1 bedroom apartment.”

THE GEORGIAN QUARTER

STUDIO APARTMENTS FROM £89,950

Example financial projection for a standard studio apartment. 5 year investment scenario Purchase price

£89,950.00

Estimated completion value

£110,000.00

7% NET annual income

1 BED APARTMENTS FROM £124,950

Example financial projection for a standard 1 bedroom apartment. 5 year investment scenario Purchase price

£124,950.00

Estimated completion value

£149,000.00

£6,296.50

7% NET annual income

£8,746.50

NET rental income over 5 years

£31,482.50

NET rental income over 5 years

£43,732.50

Projected capital appreciation in year 5

£38,734.44

Projected capital appreciation in year 5

£49,358.93

Total income over 5 years

£70,216.94

Total income over 5 years

£93,091.43

ROI % over 5 Years

78.06%

ROI % over 5 Years

74.50%

Annualised NET ROI

15.61%

Annualised NET ROI

14.90%

Projected capital growth over 5 year period

Projected capital growth over 5 year period

Year 1

£110,000

Year 1

£149,000.00

Year 2

£114,400

Year 2

£154,960.00

Year 3

£118,976

Year 3

£161,158.40

Year 4

£123,735.04

Year 4

£167,604.74

Year 5

£128,684.44

Year 5

£174,308.93

All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 7% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 7% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

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“Overview images provide a guide of the average floor plan of a 2 bedroom duplex apartment.”

2 BED DUPLEX APARTMENTS FROM £169,950

Example financial projection for a standard 2 bed duplex apartment. 5 year investment scenario Purchase price

£169,950.00

Estimated completion value

£220,000.00

7% NET annual income

£11,896.50

NET rental income over 5 years

£59,482.50

Projected capital appreciation in year 5

£87,418.88

Total income over 5 years

£146,901.38

ROI % over 5 Years

86.44%

Annualised NET ROI

17.29%

Projected capital growth over 5 year period Year 1

£220,000.00

Year 2

£228,800.00

Year 3

£237,952.00

Year 4

£247,470.08

Year 5

£257,368.88

All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 7% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

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EASE OF PURCHASE

ADDITIONAL PURCHASE FEES*

PAYMENT PLAN Studio, 1 bedroom, 1 bedroom duplex and 2 bedroom duplex apartments within Falkner Place will be sold on a leasehold basis for a period of 250 years.

• Legal fees are approximately £860- £1,100 fully inclusive of VAT, searches and disbursement costs. STAMP DUTY

1

A team of commercial solicitors, experienced in the UK buy-to-let market, have been appointed to act on the behalf of investors.

Pay

£5,000 to reserve a property

• Current UK stamp duty is levied at 3% on buy-to-let property values up to £125,000 • 5% between £125,000 and £250,000 • 8% between £250,001 and £925,000 ADDITIONAL FURNITURE PACK

Pay

2

50% less the Reservation Fee

• Furniture pack for a studio apartment = £3,000 • Furniture pack for a 1 bed apartment = £4,000 • Furniture pack for a 2 bed apartment = £5,000

on Exchange of Contracts (28 days after

*Estimated fees.

Reservation)

“We have undertaken compulsory due diligence on The Georgian Quarter, to verify the buying procedure and to satisfy of the project are in a legitimate position to promote and sell the investment.”

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Pay

25% in January 2017

Pay

25% upon Completion (anticipated June 2017)

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MANAGEMENT COMPANY

LIVERPOOL PROPERTY MARKET HIGHLIGHTS

FULLY MANAGED INVESTMENT Established in 2005, Golding Estates is one of Liverpool’s leading property lettings and management companies. The award-winning lettings agent has been appointed the sole management company of Falkner Place. Golding Estates will manage, market and maintain the development on the behalf of investors. With the company’s head office located in the heart of Liverpool’s city centre, Golding Estates has a highly trained team who specialise in the management of residential property. The interests of the management company are fully aligned with the investors, with high occupancy and positive rental growth key.

AFFORDABLE PROPERTY

PROPERTY PRICES IN LIVERPOOL CITY CENTRE HAVE CLIMBED BY 41% OVER THE PAST 3 YEARS (WHICH? MORTGAGE ADVISERS)

LIVERPOOL CITY CENTRE REMAINS ONE OF THE UK’S MOST AFFORDABLE MAJOR CITIES FOR PROPERTY INVESTORS

LIVERPOOL RANKED NO. 3 FOR GROSS RENTAL RETURNS (ZOOPLA)

LIVERPOOL’S PRIVATE RENTAL SECTOR HAS GROWN FASTER THAN THE ENGLAND AND WALES AVERAGE (LIVERPOOL CITY COUNCIL)

TOP 10 LOCATION

NAMED AS A TOP 10 BUY-TO-LET LOCATION BY HSBC IN 2015

HOME TO

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MAJOR UNIVERSITIES

LIVERPOOL IS HOME TO THE UNIVERSITY OF LIVERPOOL, LIVERPOOL JOHN MOORES UNIVERSITY, LIVERPOOL HOPE UNIVERSITY, LIVERPOOL INSTITUTION OF PERFORMING ART (LIPA) 16


FAQS

TESTIMONIALS

Is there a rental assurance in place? Yes. 7% NET return per annum is assured for the first 3 years.

Is the sale handled by UK lawyers?

Is there a benefit for buying into the project in the early off plan stages?

Yes. A team of commercial solicitors, experienced in UK property investment, have been appointed to act on the behalf of investors.

Early investors will have the choice of the best units within the project and will be able to purchase an apartment below the projected market value upon completion. What is the length of the leasehold? Each apartment is sold on a 250-year leasehold. Can I sell my unit/s at any time? Investors are permitted to sell at any time after Exchange of Contracts.

As a non-resident in the UK am I taxed on this income? If you are a UK resident then yes, you will be subject to tax. If you are a ‘nonresident’ in the UK then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption.

Is there furniture included in the price of the apartment? Investors can purchase a furniture pack for their apartment/s however, these apartments can be let on the market as unfurnished. A furniture pack for a studio apartment will cost £3,000, £4,000 for a 1 bed apartment and £5,000 for a 2 bed duplex. When will the development be occupied and when will I receive my income?

Abishek Gupta, UK. “My consultant was both helpful and willing to explain the process as well as consult if the topic was beyond their brief,” John Horn, UK.

Please note we cannot guarantee that an application to receive rent with no tax deductions will be accepted.

The apartments will be let out by the date of completion and the assured yield will be paid from this date, quarterly in arrears.

“Very satisfied with the knowledge of the consultant and also the professional approach of Experience Invest on the after sale service like update on the progress of the project,”

When will the development complete?

What happens at the end of the 3 year rental assurance period?

Mr Teh, UAE.

Construction of the build will commence in June 2016. The target completion date has been scheduled for June 2017 with a long stop date of June 2018.

At the end of year 3, investors will have the option to continue managing the unit through urbanbubble. Investors will be responsible for the payments of the ground rent and service charge. After the assured period, investors can manage the unit themselves or appoint another management company.

Is there an exit strategy? The development’s excellent location in Liverpool’s sought after Georgian Quarter will make apartments an attractive property investment on the open market.

“The Company is very professional, the team is very knowledgeable, and help diligently all the way through. The chosen properties in Liverpool and Luton are very attractive locations, with close proximity to university and hospitals. I shall consider to make further investments with the company. Also refer highly to family and friends,”

“My dealings with my client manager reassured me about our decision to invest in Leeds, where I previously studied and worked for a few years. My client manager’s approach is refreshing - not pushy and provided frank advice,” Mustak Hafiji, UAE.

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Disclaimer This document is intended to provide general information concerning the proposed development, construction and management of Falkner Street Ltd, Seymour Chambers, 92 London Road, Liverpool, England, UK, L3 5NW. The information provided has been prepared in good faith and to give a fair overall view of the Development. The photographs and electronically generated images, furnishings and accessories featured are for illustrative purposes only. This document and all information provided by us at our web site at ww.experienceinvest.com or otherwise is based upon information provided Elliot Group (the Vendor) to ExperienceBG Limited t/a Experience Invest (‘Experience’, ‘we’, ‘us’, ‘our’) and is provided on a confidential basis. This document is for the sole use of potential business partners and/or prospective purchasers. Reasonable care has been taken by us in the preparation of this document but we do not accept any responsibility or liability for the information which has been provided by the Developer. We further do not accept responsibility or liability of views or opinions herein provided or provided by us or on our behalf (whether orally or in writing) unless we have expressly confirmed such information and/or views and/or opinions in writing as being such that it should and can be relied upon. The information provided should not be taken as advice in relation to the Development. We do not warrant the accuracy or completeness of the information and/or measurements and/or financial returns provided in this document. These have been provided by the Vendor and we believe them to be correct. You acknowledge that you should and will make your own enquiries before proceeding to purchase. Nothing in this document is or should be relied upon as a representation, warranty or promise as to the past, present or future performance of Experience, the Vendor or any person directly or indirectly connected with and of them. We recommend that all appropriate commercial, tax and legal enquiries and advice is obtained before entering into a legally binding contract to purchase a property forming a part of the Development. Copyright in and to this document and its contents belong to ExperienceBG Limited. 18


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