Welcome to Reliance House. This grand Edwardian style building is being converted into luxurious residential apartments. Located in the central business district of Liverpool, the restoration of Reliance House presents a perfect opportunity for buy-to-let investors.
Reliance House is a conversion of a grand Edwardian style building, creating luxurious residential apartments in the heart of Liverpool. The development will comprise of 73 one bedroom apartments and 27 two bedroom apartments, with a total of 100 generously sized apartments. With young-professionals in mind, each apartment is designed with a contemporary style, which is juxtaposed against high ceilings and large sash windows to optimise natural light.
The central location and apartment design are perfectly suited to meeting the high rental demand of the Liverpool city centre market. Investors will achieve projected yields of 7% based on current market rents.
With over £10 billion of city centre regeneration due in the next decade, Liverpool is one of the most attractive investment spots in the country. Buying at this incredibly central location will mean investors benefit from the renaissance underway in Liverpool.
Purchasing directly from the developer, the off-plan price point represents a significant discount to market value. High yields and strong capital growth are forecasted.
Featuring neoclassical architecture and Portland stone façade, Reliance House reflects on the historic location of the development. From St. Nicolas Church the building is distinguished by elegant red brick façade. Whereas, the façade from Water Street is distinguished by the imposing Edwardian style Portland stone. The Reliance House also takes home a statement address with strong heritage. This makes Reliance House a secure and exceptionally high quality real estate, with strong income and capital growth.
These one bedroom apartments have an entry price of £119,950 which provides the investor an annual net income of £9,600 with an estimated rental yield of about 7%. There is a master bedroom and an exclusive open plan of the kitchen lounge and dining area incorporated into the living room. The bathroom includes a bath tub and shower along with other essentials accessories. There are 73 of this apartment available.
At an entry price of £159,950 alongside an estimated net yield of 8% , it includes two bedrooms, a larger open plan kitchen, lounge and dining area merged with the living room, this makes these apartments more suitable for a family. In addition, the bathroom has a shower and a bath tub. Storage cupboard and hallway are also part of the total package. Reliance house has a total of 27 of these apartments.
The impressive neoclassical architecture and Portland stone facade reflects the significance of this exceptional location in the historic centre of Liverpool. Capitalising on a uniquely rich commercial, architectural and cultural legacy, Liverpool is a city building on an illustrious history with a palpable sense of momentum. As a centre for global trade for over 300 years, it is unsurprising Liverpool is today a cosmopolitan and vibrant city.
The 2008 appointment as European Capital of Culture highlighted the artistic and learned nature of the city. This is an environment with world class museums and art collections, such as the Tate and Walker Gallery. Boasting its own Philharmonic Orchestra and the new Everyman Playhouse, Liverpool continues to build on its cultural legacy. 2008 marked the completion of Liverpool One, the largest open air shopping centre in the United Kingdom. This near billion pound regeneration of 42 acres of city centre real estate has become one of the most popular retail destinations in the country and has significantly boosted the local economy.
The city is famous for entertainment, globally known for its musical contribution and sporting events. It is home to two top flight football clubs, Liverpool FC and Everton FC, as well as hosting one of the most famous racing events in the world - The Grand National.
Reliance House is located within easy reach of Liverpool Lime Street Station and local Bus and Metro routes.
The property market of Liverpool has seen tremendous growth over the last few years; with buoyant buy-to-let returns averaging 7% fuelled by an increase in demand for private rented accommodation. The city boasts some excellent and fundamentally undervalued development opportunities having Reliance House as one of those that delivers luxury living experience for younger people whether students or professionals. The apartments remain a great domiciliary abode for all Residents as it is located right in the heart of the city centre and business district. This structure attracts a large number of young individuals in search of the most comfortable places to live with necessary facilities.
- Liverpool waterfront (0.1 miles)
- James Street (0.1 miles)
- Moorfields (0.2 miles)
- Liverpool Central (0.6 miles)
For further information on the purchase process please request your free brochure or get in touch with us today.