1 Bedrooms Flat for sale in Commercial Road, Liverpool L5 | £ 94,995

Property Description

This modern development is comprised of 90 luxury 1 and 2 bed apartments; all featuring stunning riverside views of the wharf. The building is newly refurbished and all apartments are beautifully designed and finished to a high quality. Located just 5 minutes from the City Centre, this will offer you a peaceful and tranquil living space whilst being just a short drive from the city. This development is already complete and fully tenanted; perfect if you are looking for immediate income!

There are excellent transport links available, with buses right outside your doorstep, and the train station is just a 2 minute walk away. As the rental demand for these apartments is so high; we are delighted to offer an assured yield of 7% for the first year. This will be a fully managed, hands off investment opportunity for you.

Tobacco Wharf has been created by an award winning developer, who has been recognised nationally and internationally by industry awards.

The Area

According to a study by Arcadis (2018), Liverpool is ahead of London, Manchester and almost all other UK cities as an investment destination. It represents one of the UKs fastest growing economies. In terms of both gva growth per capita and overall gva growth, the Liverpool City Region economy is leading the Northern Powerhouse area.

In 2015, Liverpool's economy was worth £129.5 billion. The city comprises 252,000 businesses and 6 million customers. New projects, such as the £1bn investment plan for the expansion of Liverpool's Knowledge Quarter turn Liverpool into a core destination for local and international companies to expand their businesses. The broader Liverpool City Region tourism economy now incorporates £4.3 billion supporting 51,500 jobs. Continued capital growth in a thriving economic hub, such as Liverpool, is consequently self-evident. Liverpool belongs to the UK regions with the top rental yields, up to 7-8%, overtaking London at 4.86%.

Liverpool, located in North West England, is the fifth largest area in the UK. The city is not only famous for its two Premier League football clubs, but also recognized as a culture hub. Liverpool's music scene is internationally renowned. Additionally, the city boasts plenty of museums and galleries, for instance the Walker Art Gallery, which is the national gallery of the North. As well as being a unesco World City of Music, Liverpool was the first UK city to be named European Capital of Culture in 2008.

The Properties of the World team have visited the city a number of times and we have sold several developments in and around the area including units within this development itself, which is why we have no hesitations recommending properties within this Northern city. As you are probably aware from all the news articles, Liverpool was crowned the Top Property Spot for Buy-to-Let Yields in the UK this year.

Property Location

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