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23 Dec, 2023

Stunning New Images for £25m Liverpool Property Development, One Park Lane

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    One Park Lane Edges Closer to Completion

    Legacie Developments has released a stunning collection of CGI images of their latest residential development. Construction work on One Park Lane is close to reaching the maximum height, and the new renderings demonstrate how the project will look upon completion.

    One Park Lane sits on the edge of the Liverpool city centre between Liver Street and Park Lane.

    Located on the junction of Park Lane and Liver Street, One Park Lane offers 90 Manhattan-style, two-bed and three-bed apartments. Thanks to Liverpool’s convenient location and evergreen appeal to tenants and homebuyers, One Park Lane has proven popular with BTL investors looking for a luxury investment property for sale in Liverpool.

    Currently, One Park Lane is on track for completion in December 2024.

    buy-to-let property one park lane exterior at night

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    What Does One Park Lane Offer to Tenants and Property Investors?

    One Park Lane sits in Liverpool’s sought-after L1 postcode. As the tallest block in the Heap’s Mill project, One Park Lane offers views of the surrounding Waterfront area. Like other Legacie developments, it provides sustainable eco-features – a must for climate-conscious property investors. In addition, the complex comes with a spa, concierge service and many other stunning facilities.

    Tenants are only one minute away from Liverpool One – a £960m retail-led shopping quarter – and the iconic Albert Dock, making it one of the most conveniently located properties in Legacie’s long list of successful projects.

    In addition, the North West is one of England’s best places for rental yields. Buy-to-lets in Liverpool have an average property price of less than £180,000, according to the HM Land Registry UK House Price Index. In addition, puts the average rent in Liverpool at £1,110 PCM. This puts the average rental yield in Liverpool at 7.4%. In contrast, the average UK yield is around 5.2%.

    Liverpool has also undergone significant regeneration in areas like the Knowledge Quarter and Baltic Triangle, which is only down the road from the Heaps Mill project and has been named one of the coolest neighbourhoods in the world.

    One park lane aerial daytime view

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    What Other Properties Are Legacie Developing in Liverpool?

    Legacie Developments is responsible for several development projects on the Heap’s Mill site. As well as One Park Lane, buy-to-let investors and homebuyers can also purchase apartments in:

    • Rice Works
    • Miller’s Place
    • The Mill

    These are just a few developments that have come from a successful partnership between Legacie and RWinvest.

    The upcoming Gateway development is Legacie’s answer to New York living in Liverpool. A stone’s throw away from Liverpool’s business district, the Gateway development will provide luxury apartments in an up-and-coming part of town with huge capital appreciation potential.

    Legacie’s track record in Liverpool has helped the city earn a reputation as one of the best places to invest in property.

    Elsewhere, one of our other partners, Nexus Residential, recently completed Element the Quarter, on the edge of Liverpool’s Knowledge Quarter. This is the first eco-property in Liverpool and a must for anybody interested in eco investment.

    one park lane at sunset

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      The View From Legacie Developments

      Legacie Development chief executive John Morley said:

      “This is another flagship site for Legacie, which continues to reinvigorate areas of Liverpool left vacant for too long.

      “Our track record of successful developments, completed on time, is second to none across the North West, and One Park Lane is no exception.

      “This site will bring luxury living to an iconic area of Liverpool city centre, and I am proud of the quality we are delivering.

      “One Park Lane combines beautifully with the modern surrounds of the historic Albert Dock and adds further elegance to Liverpool’s skyline.”

      Interested in property investment? Explore RWinvest further and check out some of our buy-to-let guides, such as:

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      Dale Barham

      Dale is a property content writer at RWinvest. Keeping a close eye on the UK property market, Dale helps our readers stay informed and up to date on the latest market news and statistics.

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