Introduction We are proud to introduce Kings Dock Mill, a residential property development that will set the standards in modern luxury city living in the exciting city of Liverpool. Offering property investors an affordable entrance to the lucrative UK buy to let sector, priced 15% below market value - Kings Dock Mill is a great growth and income vehicle for both experienced and first time investors alike. Liverpool is one of the UK’s top ten locations for buy to let property investment and its private rental market is booming, as data from Direct Line for Business reveals that over half of the city’s housing stock falls within the rental market. The strong demand has been fueled by young professionals attracted to Liverpool as the perfect destination to live and work, driving up property prices and creating a private rental market which is expected to continue to expand in the future. Locations close to the regeneration schemes and major employment such as the historic waterfront and city centre, command the most impressive returns. Property prices in Liverpool have continued to experience 7% growth year-on-year due to the acute shortage in housing in the city, although prices remain low in comparison to the rest of the UK. This housing shortage will not be rectified for some years, so the RICS predicts that prices will continue to rise.
Prices from ÂŁ175,000
Buy to Let Investment These signature apartments are leading the way in modern, residential accommodation with solid wood flooring, high-gloss kitchen surfaces with mood lighting and contemporary bathroom design. Residents can also enjoy a communal courtyard area and around the clock concierge in a secure building with controlled access. The latest in low-carbon technologies are integrated into all apartments including eco electric heating and low voltage LED lighting to ensure lower running costs and contribute to a ‘greener’ future for residential property. Location is also a plus point, with the apartments sitting on the iconic Liverpool waterfront. The area is set to receive a £5.6 billion regeneration scheme, and is only minutes from nearby zones RopeWalks and the Baltic Triangle which have also received a transformative facelift.
Development Overview Prices from £175,000 2 bed apartments 7% NET rental return for 3 years Liverpool city centre, adjacent to waterfront Only 25% deposit required
7% Net Rental Return
Why Invest in Liverpool? Liverpool is home to nearly half a million people and is a major city in the UK. The region is well-known across the globe due to its rich cultural history, major port and cruise terminal and is also home to top premiership football teams as well as being the birthplace of The Beatles. As part of the booming North West England economy, Liverpool is connected to global markets, with companies such as Barclays Wealth, Sony, Jaguar and Land Rover as well as a multi-billion pound wealth management industry. The city’s economy is thriving with a value of £9.15 billion, the most productive city outside of London. Over the last decade, and spurred on by being named European Capital of Culture in 2008, Liverpool has enjoyed massive financial investment and growth. The city boasts an abundance of restaurants, boutique and international brand hotels, trendy wine bars, plus a variety of museums, galleries and theatres. However, the pinnacle of this investment is the £1 billion Liverpool ONE shopping centre - the largest open-air shopping centre in the UK. Liverpool is a booming location in the UK for buy to let property investment, with the north-west city offering robust and increasing rents and inexpensive properties, delivering some of the best rental yields in the industry.
No. 1 in the UK for Buy to Let Yields
Location Guide
Liverpool ONE
460 m
Waterfront
940 m
Albert Dock
270 m
RopeWalks
750 m
Lime Street Station
1.1 km
Echo Arena
300 m
Liverpool Central Station
815 m
Liverpool University
1.6 km
2 Bed Layout
Key Investment Facts 2 bed Apartment Example: Property Price Annual Rental Income (7%) Estimated Monthly Rent Service Charge Management Fees Ground Rent Leasehold Term
£175,000 £12,250 £1,250 Approx. £2.50 Per SQFT 7% £350 250 Years
Planning Approved
Q4 2016
Construction Begins
Q2 2017
Completion Date
Q2 2019
Turnkey Investment
Reservation Process Once you’ve selected your unit(s) with the help of your relationship manager, please complete the reservation agreement and return it with a copy of your passport. At this time, you also need to pay a reservation deposit of £5,000 by transfer, debit or credit card.
Payment Structure 1
Pay £5,000 Reservation Deposit
D AY 1
2
Complete Reservation Form
D AY 1
3
Instruct Solicitor
Within 24 Hours
Your solicitor will advise you of the paperwork required from you – please return this promptly so the process moves as quickly as possible.
4
Exchange with 25%
Within 21 Days
On exchange of contracts, you pay 25% of the purchase price, and the final 75% on completion in Q2 2019, less your reservation deposit.
5
Complete with 75%
Q2 2019
Once your relationship manager has received your paperwork and deposit, our client care team will assist you through exchange and completion. You will need to instruct a solicitor. We can recommend solicitors with experience in off-plan residential property.