Liverpool is a rapidly growing UK city, with a vast central shopping area, a diverse and exciting night time economy and one of the lowest cost of living levels in the country. With strong economic growth and an increasing population, demand for high quality rented accommodation is at an all-time high. Parliament Square is a stunning new residential development comprising 505 luxury specification apartments and market-leading on-site amenities situated in the heart of the Baltic Triangle. One of the city’s most desirable new neighbourhoods, the Baltic Market is across the road and Liverpool One is just a 10-minute walk away.
It is the first development to bring superior hotel services to Liverpool’s executive residential sector. The building boasts unrivalled on-site facilities, such as an invigorating rooftop spa, a large cinema in the main building, and state-of-the-art gym. A full range of services can be ordered via an exclusive app or the on-site, 24-hour concierge. The studio and 1 to 3 bedroom apartments are no less luxurious, with high quality finishes, real wood floors, a premium fitted kitchen with soft closing doors and smart connection points throughout. A luxury furniture pack is available to purchase with every unit, while floor-to-ceiling windows offer views over the River Mersey and iconic landmarks
A choice of payment plans means you can pay only 35% on exchange, followed by a 15% stage payment by 1st December 2019. The balance is then due on completion (Q4 2020). Purchase a unit with a NET cash investment of as little as £81,362. Rental income is assured at 7% NET for a year. Combined with Liverpool’s strong capital growth, cash buyers can earn a forecast ROI of 165% over 20 years. Or, take advantage of financing of up to 50% LTV, and investors can earn up to 279% over 20 years, with an annualised return of 6.88% NET. 45 secure indoor parking spaces are also available as part of Phase 1 for £20,000. These spaces will come with the same 7% NET rental guarantee if bought with an apartment (there will be no guarantee for personal use).