Fabric District Residence Construction Updates
Fabric District Residence Development Progress
Fabric District Residence is an exciting development in Liverpool’s newest up-and-coming area – the Fabric District – named to reflect the long history of the textile industry in Liverpool. Due for completion in 2019, the 208 studio and micro apartments start from £75,950, providing NET rental returns of 8% and strong potential for capital appreciation. Developed by the leading firm YPG, this ground-breaking project is ideally located in a £1 billion regeneration zone that is continuing to grow and improve the central areas in Liverpool.
Currently, the site is making significant progress with 90% of the lower roof complete, as well as mast climbers and plastering on the steel framing. This work has enabled the commencement of the 7th-floor roof construction and weatherboard installation, which will ensure your investment property is safe and secure.
To find out more information regarding the progression of the development, read the Fabric District Residence Construction Update above for the latest news.
Regeneration of the Fabric District
These luxurious apartments with floor to ceiling windows and high-end furnishings provide investors with the perfect opportunity to make the most of Liverpool’s extensive regeneration projects, including the nearby £335 million Royal Hospital. There is also plenty of investment talks about transforming the London Road area, as well as the central neighbourhood – Islington. This includes implementing housing schemes, as well as restaurants, leisure, green spaces and more, which will massively increase the footfall and will also boost the economy due to an increase in job opportunities and tourism.
Liverpool-based regeneration company YPG is dedicated to improving the social and economic value of the UK’s property sector. The Fabric District Residence is one of the many projects they have funded, developed and designed with the help of local authorities and suppliers whose main aim is to deliver commercially sustainable solutions within the Liverpool property sector. This includes residential, student and key worker housing, commercial, and multi-use real-estate which are currently being developed in all parts of the city of Liverpool.
By investing in a property in a progressive area, you will be able to contribute to the ongoing city centre development, which is building on historic premise while also making the city more attractive through contemporary construction. It will also offer you excellent short and long-term returns, due to high rental yields and tenant demand, especially in the Fabric District, which is popular with both young professionals and students. This is due to its proximity to the knowledge quarter, as well as many established and new businesses which are dotted around the Fabric District area. These luxury apartments fulfil the demand for high-quality properties within the city centre, especially in Liverpool, where job opportunities are increasing, and inner-city living is becoming more desirable and affordable.