Vincent House is a new Liverpool serviced apartment investment opportunity in the city centre. It comprises 61 self-contained apartments and is in a central Liverpool location with the shopping quarter and cultural attractions on its doorstep.
Vincent House is located within the L1 post code, which is consistently named as one of the best places to invest due to capital growth. Not only that, but it is a leisurely walk to many of Liverpool’s attractions – perfect for an overnight guest with limited time to spend in the city.
The developer already successfully runs boutique property in central Liverpool, so they are well aware of what the property must offer to meet the needs of and attract tenants.
Since being named the European Capital of Culture in 2008, Liverpool has seen significant investment. This has resulted in an increase in people visiting the city, and as such Liverpool now welcomes over 54 million tourists and 4.8 million overnight guests annually and football tourism is expected to increase by 20% this year due to Liverpool winning the Champions League. They are all looking for suitable accommodation in a central location.
Serviced apartments nationwide reported an average occupancy rate of 81.7%. As tenants stay for a shorter period than a regular to-let property, the rental prices can be higher which means investors can achieve higher yields. Find out more today about the yields that can be achieved on Liverpool serviced apartments.