One Wolstenholme Square – Liverpool City Centre
The One Wolstenholme Square development is located directly on Wolstenholme Square, which was laid out in the mid-eighteenth century to provide homes for the city’s burgeoning merchant classes. Each apartment has access to a state-of-the-art fitness gym, ground floor retail, 24-hour concierge and security.
The development is in an inner-city centre area with convenient links to central retail, employment and services. It is located in the Rope Walks area which has recently transformed itself and is continuing to experience massive growth. These apartments are particularly in demand with prospective tenants due to the central location and the modern interior.
- Prices from £84,950
- 8% Assured Net Rental Income for Three Years
- Prime Liverpool L1 Location
- Up to 17% Below Market Value
- Vibrant Bars and Shops Onsite
- Excellent Transport Links
- Free Hi Spec Furniture Pack
- Managed by Golding Estates
Liverpool’s Prosperous Rental Market
Across the UK, demand for rental property is near record-high levels with 13.8 tenants chasing every new rental that comes to market. It is therefore unsurprising that investors are eager to add to their property portfolios in the UK, particularly in Liverpool.
Over recent years, Liverpool has enjoyed an incredible period of regeneration. Many of its beautiful period features have been utilised to help the city on its way to becoming the thriving metropolis that it is today. One major regeneration area is the Anfield project and Liverpool Waters, both of these areas have seen a significant boost in residential housing as well as economic growth. Many of the projects are yet to be finished, but it is clear to see from previous regeneration they will add value to Liverpool. The Liverpool ONE project is an important example of how successfully Liverpool handles the restoration since it’s completion in 2008, millions of people have visited the retail outlet.
With a population above 485,000, a growth of 5.5% in the past decade alone, Liverpool is growing in popularity and acclaim. This could be attributed to the incredible inward investment opportunities taking place all around the region. According to The Times, Liverpool is set to benefit with the city ranked second in the top five spots in the UK for rental yields. Recently, Totally Money featured six Liverpool postcodes in its buy to let yield map including L7, L6 and L1 – where the above development is located.
As property prices reach an all-time high in London, other areas across the country still get overlooked for the capital. It may come as no surprise that experienced investors are heading up north to find the lowest priced properties with high demand and excellent rental yields.
As of 2018, Liverpool hit a huge milestone as the property market hit £1 billion worth. Since properties and new developments are mainly in demand, the property market continues to gain momentum and consistently grow. This economic boom has had multiple positive effects on all different aspects of the city; from the infrastructure to finances and workforce. There has possibly never been a better time to consider a property in the North West than there is right now, which is why It’s an exciting time to live, work and invest in Liverpool.