1 Bedrooms Flat for sale in Fabric District Residence, 33 Devon Street, Liverpool L3 | £ 119,950

Property Description

Fabric District Residence

For Investment Purposes Only – No Help to Buy Scheme Available

Fabric District Residence is the latest residential development by ypg Developments and is located in the heart of Liverpool’s up and coming Fabric District and next to the new £335 Million Royal University Hospital.

Fabric District Residence will consist of 208 fully managed studio and micro apartments, spread over 9 floors, to cater for the increasing demand for high quality residential property in Liverpool.

All apartments are furnished to the highest standard, with floor to ceiling windows and a free high spec furniture pack included. The development will offer residents the very best of city living at an affordable price – while giving investors 8% Net Rental Return.

The Islington Stakeholders Group (isg) are eager to see what they feel has been a largely forgotten part of the Knowledge Quarter reach its full potential. The vision is for the Fabric District to become a thriving mixed use destination, where start ups can work alongside established family businesses and people of all ages can live and enjoy an eclectic mix of shops, bars, restaurants and public art.

Investment Overview

• Prices from £75,950
• 8% Net Rental Return
• Liverpool City Centre
• In the Up and Coming Fabric District
• 208 Fully Managed Studio and Micro Apartments

Why Invest in Liverpool?

Liverpool is a world class city steeped in history and culture, with more museums and galleries than anywhere outside of London. With an ambitious range of urban regeneration initiatives providing a catalyst for change, Liverpool is playing a leading role in the Northern Powerhouse.

Consequently, the city has now become one of the nation’s leading property investment markets with buy to let properties in Liverpool proving more and more popular with investors due to low property prices and consistently high rental yields.

Now, developments such as the £5.6 billion Liverpool Waters and the £400 million Liverpool2 port expansion are providing a huge boost to the local economy and are consequently creating a magnet for national and overseas investment. Figures published by the Office for National Statistics showed that Merseyside experienced an economic growth rate of 3.1% in 2016, faster than any similar major city region in the country.

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