Rented out with investors receiving rental income.
JANUARY 2019
Over10% capital appreciation since launch.
Development
Overview
One of Liverpool’s biggest student housing successes, City Point spans five floors and is made up of 159 individual units. This modern student residence is ideally located on the edge of Great Homer Street, close to the main campuses of John Moores University and the University of Liverpool.
Since opening its doors, City Point has consistently achieved a tenancy track record of 99%, which is up there with the best in the Liverpool purpose-built student accommodation sector.
This development consists of high-end en suite apartments that have been carefully tailored to meet the needs of contemporary students and provide a comfortable living experience in one of the UK’s most popular university cities.
The work of Caro Developments, City Point was a £6.9 million redevelopment of a derelict office building turned trendy student residence. Reflecting the apartments within the building, this development showcases a modern exterior that sits prominently along one of the key roads in central Liverpool.
Facilities
Onsite Gym
Laundry Room
Bicycle Storage
Major Regeneration Zone
Near University Campuses
Onsite Gym
Quality Interior Finish
Additional
Features
The en suite student rooms in City Point form clusters in which residents can enjoy shared communal areas in addition to their private living spaces. Each private room contains its own study space that sits opposite a bed and a modern bathroom.
In communal areas, large kitchens are equipped with premium appliances and quality white goods. A shared dining space and comfortable lounge area provide a social environment for residents which is appealing to many students living away from home for the first time.
City Point also contains a range of additional residential facilities which are located throughout the building for the use and convenience of tenants. These include an onsite gym, laundry room and bicycle storage facility, all of which have proved popular with residents and added to the development’s appeal on the rental market.
Following its completion, City Point has become one of the most popular student developments in Liverpool and has consistently generated strong rental yields for investors due to its prime location and high-quality finish.
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01 Jan, 20223:43min
Who is RWinvest?
Location
City Point resides on the busy Great Homer Street within Liverpool’s City Centre North Regeneration Zone, an area receiving huge amounts of capital investment under several expansive redevelopment plans.
One such example is the £150 million Project Jennifer initiative which is set to transform the area next to City Point by adding 80,000 sq ft of new retail space and increasing the number of homes to create an exciting mixed-use neighbourhood on the edge of the city centre.
Positioned merely 1.5km away is the transformative Liverpool Waters Scheme, the largest ongoing regeneration project in the UK. Valued at £5.5 billion, this development plan encompasses the city’s northern docklands and is currently converting 150 acres of former docks into a sustainable mixed-use waterfront.
This initiative aims to expand the central business district and includes the construction of the new Everton F.C. stadium, serving as a notable attraction for renters citywide. These are just two examples of the extensive regeneration that is underway across this thriving northern city making Liverpool one of the UK’s best places to invest in residential property.
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Caro Developments
Established in 2013, Caro Developments is a prominent property developer based in Liverpool, distinguished by its successful completion of a diverse array of residential and student projects.
Renowned for consistently delivering upscale rental properties throughout Liverpool and the North West, this forward-thinking developer has amassed an impressive portfolio valued at £160 million, having successfully sold over 1,500 units to date.
Each property is subject to meticulous design and execution, adhering to the latest industry standards and achieving optimum energy performance ratings. These residences often feature contemporary integrated kitchens, stylish open-plan living spaces, and additional onsite facilities tailored to the preferences of modern renters.
In addition to their new-build endeavours, Caro Developments has received acclaim for the skilful renovation of several dilapidated structures in recent years, transforming them into contemporary city residences ideal for a diverse range of tenants.
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It will be my third investment apartment with RW Invest and I cannot recommend them highly enough. Sean Orrett and Chloe Walker really do go the extra mile. Chloe in particular helped me through a particularly hard time with solicitors and all the paperwork that was involved. Living in a different country and negotiating all the nuances that come with investing, she negotiated with ease and gusto. A big thanks to you both.
Margaret Wiele
Daniel Stewart, has assisted me every step of the way. This is my first property purchase and so took Daniel up on his offer to guide me through every step no matter how small. I felt comforted to have his assistance in documents I needed to both understand and sign. Couldn't be happier with the help and customer care I have received so far.
Nathan Saxon
We highly recommend RW Invest to anyone looking for an experienced, reliable and knowledgeable professional company.
We are more than delighted with their services throughout the entire process. They provided us with extremely helpful advice and guidance every step of the way and ensured that we understood all aspects involved in securing a property through them.
Stephanie Chidlow
Chloe is very helpful. She has been a great help and solved all the difficulties I had with the purchase. I am happy she was there to help with the process. Very approachable and responsible.
Muhammad Atif
This was my second unit purchase with RWinvest, and I found the team to be very helpful in finding the best deal which suited my needs and budget. Arjun Surana, Adam Burns were really processional in answering all questions, Excellent follow up and ensures your property purchase are smooth from the start to end and supporting throughout the purchase/exchange of contract process.
I highly recommend anyone to purchase their property with RWinvest.
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