Great Homer St
- Completed new build student accommodation - 159 luxury student pods - 8% net return assured for 2 years - Communal living - Prices from £59,950 - Liverpool is home to 3 first rate universities - 10-minute walk to John Moores University campus - 20-minute walk to the University of Liverpool - 18-minute walk to Lime Street train station - Immediate income producing investment Development overview: * Fully completed * 250-year lease * Rental income paid on quarterly arrears * Rental assurance 8% for 2 years * Ground rent £250 Purchasing process: 1. £5,000 reservation deposit (non-refundable) 2. 50% on exchange less reservation deposit 3. 50% on completion Red Rooves Limited are delighted to offer to the market this fully completed, income generating investment opportunity of student accommodation located in Liverpool. City Point neighbours the £150million redevelopment of Great Homer Street, the ideal retail for Liverpool's student community. The full development is complete and provides investors with an immediate return of 8% net which is assured for two years. These luxury one-bedroom ensuite student pods start from £59,995 and are fitted to exacting standards. Spread over five floors, each three to nine bed cluster has its own kitchen, living and dining area to maximise on space and convenience. City Point's sense of community encompasses much of the essential student living experience with fully fitted kitchens, common room & Wi-Fi, communal lounge, gymnasium, laundry and bicycle storage. Three great universities, one astute city, home to three first-rate universities and over 50,000 students, Liverpool's scholastic stature is more than academic. Liverpool John Moores University - Established in 1992, Liverpool John Moores has fast become a centre of excellence for engineering and technology. In 2015 it set up a £500,000 start-up fund to support innovative student ventures, adding to the existing Centre of Entrepreneurship that supports over 2,000 students every year in developing their own businesses. The University of Liverpool - An original and iconic civic redbrick, The University of Liverpool lives up to its prestigious reputation. A member of the illustrious Russell Group, the university is a major centre for research and innovation and is consistently ranked among the top 100 universities in the world. It will soon be completing its £600million campus investment program further bolstering its international allure. Liverpool Hope University - The only ecumenical university in Europe, Liverpool Hope's reputation is soaring and with-it investment, having spent £60million on buildings and equipment in the last eight years. It has one of the highest graduate employment rates in the country and tops the tables in terms of student satisfaction. Student accommodation has evolved to become one of the most successful real estate asset classes in the UK. Underpinned by an acute under-supply in many UK cities, legislative changes have greatly altered the letting landscape to favour the investor. Unable to meet demand for accommodation, universities have turned to the private sector transforming a once obscure asset into a niche, sustainable and high yielding investment. Increases in tuition fees have seen a corresponding rise in the expectations of prospective students who are looking for accommodation in keeping with their increased expenditure. With universities now under more pressure to deliver the "student experience", the availability of first-rate accommodation is paramount. The continual increase of post graduate and international students at UK institutions is also driving demand. Expecting to pay more for their accommodation than the average UK student, they are specifically drawn to the security, location and facilities such residences offer. High rental yields are the rewards investors reap as a result. Students have become increasingly identified as consumers, fuelling demand in a market suffering chronic under-supply. The higher education market offers an investment opportunity like no other, able to maximize its portfolio potential by combining desirable student living with financial prosperity, accessibility and security. An unprecedented 40% of world trade passed through Liverpool's docks, amassing the city's wealth to surpass that of the capital - evident today in the architectural grandeur of the city centre. Skilled labour built the ships and prosperity put the wind in the sails; Liverpool was a maritime mercantile heartland which would come to shape much of the modern world, a fact recognised by UNESCO when the city became a World Heritage Site in 2004. Often referred to as the Second City of the Empire, Liverpool's cultural landscape is considered second to none. The city is synonymous with The Beatles, who sold more records than any other artist in history. Such cultural wealth ignited the city's now thriving tourist trade, combining its industrious heritage with extensive regeneration to emerge as a fully-fledged cosmopolitan city. Designated European Capital of Culture in 2008, Liverpool has the highest concentration of museums and art galleries outside of London, as well as the oldest philharmonic orchestra in the world. Liverpool FC are one of the most successful clubs in the game's history. The Merseyside derby, with neighbours Everton FC, is one of the highlights of the footballing season. With links spanning road, rail, air and sea, Liverpool is one of the UK's most accessible cities. Liverpool is little over a two-hour direct train journey from London and is connected to the M6 and M1. Alongside being a major ferry route to Ireland and the continent, Liverpool has its own international airport, with flights to over 600 destinations. Liverpool One; a £500m shopping experience located in the heart of the city centre has over 160 high street shops, cafes, restaurants and boutiques, is the largest outdoor shopping centre in the UK and it attracts 55 million tourists per year. Important Notice to Purchasers: * We endeavour to make our sales fair, accurate and reliable but these are only a general guide and they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or facts. We do not guarantee or test any services, systems or appliances listed in the specification as to their operating or efficiency ability, we therefore strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. All measurements that are stated are only intended as guidance only and are not precise, you should therefore verify the dimensions carefully before ordering any built-in furniture, carpets or laminates. * Intending purchasers please note that you will be asked to produce some identification documentation at a later stage as part of the anti-money laundering regulations, we therefore please ask for your co-operation in this matter so that there will be no delays in agreeing a sale for the property. * The information issued is in good faith but does not constitute representations of fact or form part of any offer or contract. The matters referred to in this article should be independently verified by prospective buyers. Neither Red Rooves Limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Your home is at risk if you do not keep up repayments on a mortgage or other loans secured against it. * We make no representation or warranty of any kind with regards to the information contained in this article and none of the information should be treated as financial advice. The information is not an invitation to invest and you must rely entirely on your own investigations and due diligence before deciding to invest. Any opinions expressed in this article are not statements of fact.