This secure car parking space investment is in a completed and fully tenanted residential development in the heart of Liverpool’s Baltic Triangle. You can earn 7% net rental return assured on the space, which is available for investment at £9,995.
The parking space will not only provide high rental income but a strong source of capital growth, due to its location within a fast-growing regeneration area worth over £128 million. Investors also don’t need to worry about occupying the space as the development is already home to tenants who have found the onsite car parking to be extremely safe, secure and efficient.
City Terraces was recently completed by the developer, Nexus Residential. It has 34 buy to let apartments with prices starting from £89,995, balconies and terraces with views of Liverpool marina and manicured landscaped gardens. It is an ideal place to live for young professionals working in the city centre’s business district and the nearby digital and tech companies within the Baltic Triangle.
These units are available for buy to let investment with 7% net rental returns for a fully managed, hands-off opportunity.
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• Prices from £89,995 • 100% Tenanted • Highly Popular Area of Liverpool • Walking Distance to Liverpool Waters £5.5bn Zone • Lowest Price Per Square Foot in City • 7% Assured Net Rental Return
Why Invest in Liverpool?
Liverpool is a city making waves all over the world in terms of regeneration schemes. The city will introduce some of the greatest regeneration projects ever attempted over the next 10 years. Some of these projects include the £5.5 billion Liverpool Waters and its sister project Wirral Waters, the £400 million Liverpool2 Superport expanding the uk’s largest transatlantic port, a £1 billion Paddington Village in the Knowledge Quarter and of course, huge plans are in place for the Baltic Triangle.
Total regeneration plans exceed £15 billion, making this city one to watch when it comes to buy to let investment. The Baltic Triangle in particular will deliver the highest price growth among other city districts. Its planned reopening of St. James train station will enhance connectivity throughout the neighbourhood, while it welcomes 500,000 sq ft of extra commercial space, more bars and restaurants and even a new luxury hotel.
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