Situated by a canal in the L5 area of Liverpool, Tobacco Wharf is perfect for the city professional who wishes to enjoy the serenity of waterside living whilst also enjoying easy access to Liverpool’s city centre.
90 one and two-bedroom apartments are assembled over 5 floors in this unique conversion of an old tobacco factory. Each apartment is designed to maximise the available space, and is furnished to the highest specification with huge windows allowing residents to enjoy the spectacular views over the canal.
The development benefits from being fully tenanted already, guaranteeing an immediate income for potential investors. It is also priced below market value, allowing investors to achieve the highest possible yields.
Why invest in Liverpool?
The rental market in Liverpool is currently booming, and there has been a 20% increase in rental demand across the city. The increased competition amongst tenants has had a positive knock-on effect on the rental yield that investors can achieve, and Liverpool has consistently been named as one of the top places to buy for those looking to achieve high rental yields.
Liverpool also has the added benefit of being a major city within the Northern Powerhouse project. Additional investment has assisted with a booming economy which was the fastest growing of any UK city in 2015. A strong economy has attracted more employers to the city, with plenty of young professionals chasing new career opportunities within these organisations.
Enquire today to find out how Liverpool’s booming rental market, coupled with the below market value nature of this property results in a lucrative investment opportunity.