Liverpool, a lively city located in the North West of England, is the UK’s fastest growing city with an economy worth over £149 billion. The city, which is famed for its stunning waterfront setting and breathtaking skyline, is a major tourist destination, which was titled the 6th most visited city in the UK, has been attracting a diverse and cultured community for almost a millennium and this can be seen through the rapidly growing population and demand for central accommodation in Liverpool.
The Knowledge Quarter, a scheme that was developed in order to create and promote innovative industries that operate within Liverpool, has aided in the substantial growth of the city in recent years. Liverpool celebrated its authority as a major port during the late 19th and early 20th century and in this time, the economy focused solely on the Port of Liverpool and the trade that grew as a result. More recently, the city has benefited from an upsurge in the tourism and leisure sectors as a result of improved transport links and technological advancements.
The vibrant and high-spirited city offers its residents a range of entertainment services – whether you’ve got a flare for the dramatic or appreciation for fine art, Liverpool’s theatres, galleries and museums have something to suit everyone. Dubbed the World Capital City of Pop and awarded the title of European Capital of Culture in 2008, it’s no surprise that a number of young business professionals are looking to make roots in Liverpool.
"Liverpool is now established as a property investment hotspot where investors can benefit from strong capital growth and enjoy high rental yields. "
Perfectly located along the stunning waterfront and only a short walk from Baltic Market and Chinatown, Parliament Square is surrounded by rich culture with a compelling heritage, giving occupants of the development the chance to explore, engage with and appreciate a range of different lifestyles.
The Baltic Market welcomes thousands of visitors with its exotic foods and drinks from around the world and it is a great place to network both personally and professionally. Residents can also expect to benefit from local amenities such as Liverpool One and the Echo Arena which are both located just a 10 minute walk away. Unprecedented views of the River Mersey and Liverpool’s iconic landmarks are offered with the floor-to-ceiling windows in each unit. Furthermore, the array of onsite facilities such as the gym, spa and cinema room will help you unwind after a long day in the onsite meeting room.
With an estimated completion date of 2020, Parliament Square offers investors an assured 7% net rental return for one year. Developments are available as a studio, one-bed, two-bed or three-bed apartment with prices starting from £94,950 (27sqm studio) up to £264,950 (77sqm three-bed apartment).
For more information on Parliament Square or on property investment in Liverpool, please contact Hopwood House.
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