L1 Boutique Liverpool: One and Two Bed Apartments in RopeWalks
The historic Ropewalks area of Liverpool is the new home to these top-quality residential apartments. With the location becoming popular among young professionals, the regenerated area has received sustained investment of over £100 million in the last 10 years. Nearby Bold Street boasts bespoke shops and a wide range of bars and restaurants, contributing to an overall relaxed and bohemian vibe. The famous street is shortly due to receive further development to improve access for all.
L1 Boutique is a refurbishment of an 18th-century Grade II listed building, with both one- and two-bedroom apartments available across three floors. The L1 Boutique development comes with the latest appliances and fixtures enhancing the city living experience for residents.
- Competitive Prices
- Excellent Rental Return
- Walking Distance to Liverpool ONE
- Fully Managed Apartments
- High-Quality Interiors
- Stunning Refurbishment of Grade II Listed Building
Liverpool – Highest UK Net Rental Yields
A key player in the North West property market, Liverpool is booming with economic growth. The increasing population has seen tenant demand rise to an all-time high, and this development provides the ultimate solution to those on the hunt for affordable but sophisticated accommodation.
Regeneration projects are springing up regularly all over Liverpool. Plans for a £5.6 billion Liverpool Waters development is set to transform the waterfront is only going to increase Liverpool’s appeal as an investment hotspot. Liverpool was voted among the top UK regions for buy to let net rental returns, averaging at an excellent 8%, which is ideal for the residential sector. House prices are also some of the most favourable in the country, with capital appreciation outperforming every other region in the UK. This, in conjunction with the city’s world-famous music and arts scene, makes L1 Boutique Apartments perfectly placed for those looking for their next venture in Liverpool property.
The rental yields offered in Liverpool are statistically some of the best in the country. Totally Money included six Liverpool postcodes in their top 25 postcodes for buy to let properties. Despite the hurdles, such as changes to the renting criteria and mortgage tax relief, these areas still come out on top. The likes of L1, L7, L6 and L2 all rank highly for their average rental yields with highs of 9.79% in the L7 area. Liverpool has a rich history and culture that is very much embraced in the refurbishment constructions across the city. However, newer constructions are also in demand by prospective tenants. One significant advantage to a property such as L1 Boutique studios is that it’s a classic and iconic building, yet the interior and exterior have been refurbished to a high standard.
With a high percentage of national and international students moving to Liverpool for their university study, the target market for a potential property is vast. Not only do you have the working professionals living in the city centre, but there is also the option to house students who are always in need of somewhere to reside. The great thing about renting out your property to a student is that despite the high turnover of tenants; the student population is ever-expanding. This means you’ll never be stuck when it comes to finding tenants.
The likes of L1 Boutique and other beautifully built developments are highly attractive to tenants due to having a luxurious feel, but equally as suitable for investors wanting high rental yields and in-demand properties.