Launching % NET Yield for 5 Years

Transcription

1 Launching % NET Yield for 5 Years

2 Contents 3. Why Invest in Liverpool 4. Introducing the Opportunity 5. The Location 6. Investment Units 7. The Purchase Process 8. The Management Company 9. The Developer 10. Front Elevation 11. Side Elevation 12. Floor Plan: Ground Floor 13. Floor Plan: First Floor 14. Floor Plan: Second Floor 15. Floor Plan : Third Floor 16. Floor Plan : Ninth Floor 17. Floor Plan : Tenth Floor 18. Sales Schedule 21. About Liverpool 2

3 Why Invest in Liverpool? Liverpool is one of the UK s most popular student cities with students accounting for 12% of the overall population Liverpool is one of the UK s most popular student destinations. The city boasts three universities and several very popular colleges, including the world renowned Liverpool Institute for the Performing Arts (LIPA). More than 50,000 students currently reside in Liverpool and account for 12% of the total population. Traditionally students have occupied outdated residential private houses and resided in outdated poorly facilitated halls of residence. Over the past five years there has been a shift towards high quality city centre accommodation. University owned accommodation for the three main universities accounts for nearly 25% of the total full time students. The demand currently outstrips the supply with 75% of students currently renting privately. The rise in rental prices for student accommodation has been driven by both a desire for better quality and a growing number of overseas students. This has led to rent rises above the rate of inflation year on year for the past ten years. There is no cap on the number of overseas students that can study in the UK and it is estimated that the number of international students will increase by 15-20% over the next 5 years a Source: NUS Student Accommodation Cost Survery 2012/2013 a Since 2006 there has been a 53% rise in student accommodation rental. This has fueled the rise in student focused investments. Student property returns will continue to outstrip traditional asset classes in 2014 a Source: The Knight Frank Student Property Report 2014 Liverpool Vision Investors are drawn to Liverpool by market opportunities, business benefits and an outstanding quality of life. Liverpool offers investors possibilities across a broad range of investments 3

4 Introducing The Opportunity Baltic House is a cutting edge student development featuring 311 units comprised of three bedroom clusters and three bedroom duplex clusters. Located in the heart of the Baltic Triangle, Liverpool s up-and-coming creative district, this new student development is set to take full advantage of a prime city centre location and a desire for a more culturally rich student experience. The location facilitates excellent net yields with future values set to rise as the area continues to undergo a substantial investment programme. In addition, the scheduled rental income is in line with the popularity of the area with students. 4

5 The Location The Baltic Triangle is a high growth, city centre location which is enjoying a cultural renaissance. The area is perfect for students looking for a more enriched university experience Baltic House is situated right at the heart of the Baltic Triangle Liverpool s most up and coming and creative area. The Baltic area is currently popular with students from an entertainment perspective with some of the cities most acclaimed venues including the 2,000 capacity Camp and Furnace. Baltic House is situated just on the fringe of the city centre less than ten minutes walk from Liverpool s two main Universities (the University of Liverpool The Baltic Creative on Jamaica Street and LJMU) and just five minutes walk from LIPA. The combination of cultural attractions and proximity to the universities and city centre make the location an ideal area for student living. Liverpool One 0.6 Miles The University of Liverpool 0.9 Miles Liverpool John Moore s 0.8 Miles LIPA 0.6 Miles Edge Hill University 13 Miles Hope University 1.6 Miles The area is home to some of Liverpool s most creative businesses including game developers, digital agencies, app developers and artists. Baltic House Norfolk Street Liverpool L1 5

6 Investment Units The Baltic House offers a range of room types to match different student accommodation budgets We have a range of investment units available from clusters of student pods to spacious duplex apartments. This provides a broad range of investment opportunities for investors with differing budgets. All of the accommodation has been designed with the student in mind, maintaining a contemporary and creative aesthetic in keeping with the development s cultural location. We take the quality of our interior fit and finish incredibly seriously. We only work with the most qualified of contractors and the highest calibre of materials to achieve excellent value yet breathtaking results that are sure to impress prospective tenants. Market-leading Quality Student Pod From 49,950 Typical example Duplex Apartment From 59,950 Typical example Our contemporary and luxurious accommodation is far more attractive to students than the fairly underwhelming halls of residence Unit size (sq ft) Weekly rental 125 Net Income (p.a) 4,500 Gross Yield 13% Net Yield 9% Rental Assurance 9% NET for 5 years Unit size (sq ft) Weekly rental 150 Net Income (p.a) 5,500 Gross Yield 13% Net Yield 9.2% Rental Assurance 9% NET for 5 years 6

7 The Purchase Process We have a clear and transparent purchase process, our investment advisors are on-call to take you through each step We will assist with the the purchase process from start to finish for each unit at Baltic House. There are two options when it comes to the purchase of investment units: Option A Option B 1 Choose a student unit 1 Choose a student unit 2 Pay a 2000 reservation fee 2 Pay a 2000 reservation fee 3 Day 1 Pay 30% (less 2000) on exchange 3 Day 1 Pay 50% (less 2000) on exchange 4 31st July Pay 20% (on or before 31/07/15) 4 30th September Pay 20% (on or before 30/09/15) th September Pay 20% (on or before 30/09/15) Completion Pay 30% (less interest on completion) 5 Completion Pay 30% (less interest on completion) Choice of Investment Units There is a total of 311 available units comprising of student pods, clusters and duplex apartments. 7

8 The Management Company Urban Student Life operate a broad portfolio of student developments with impeccable service & support USL are putting the life back into university accommodation. Their tenants are treated like clients, not lodgers, and they pride themselves on providing the highest quality of accommodation and friendly personal service. USL believe students should be able to relax while living and studying away from home and take of all their needs into account - removing the stress from renting student accommodation. Catering for international students arriving in the UK for the first time and domestic students studying for their first, intemediary or final year. USL operated facilities offer the opportunity for fun as well as quiet areas and places to study for final exams. With high-speed broadband, hotel-quality bedding, laundry and cleaning services, students can rest and relax knowing that they ll take care of everything during their stay. If you d like to know more about USL you can visit their website at: 8

9 The PHD1 have considerable experience in the student accommodation sector with a diverse development portfolio PHD1 have worked with external development partners to build some of the most prestigious student accommodation projects in the North West. The Paramount House new-build development in Liverpool houses student s from the city s two main universities and showcases the firm s new-build credentials. The company s highly skilled team has also worked on the redevelopment of Grade II listed buildings in Sheffield and Cantebury. Below is a list of PHD1 s most recent projects: 1 - Waterside Court - Chester 2 - Trinity Hall - Chester 3 - Falkland House - Liverpool 4 - Canterbury Student Village - Canterbury 5 - The Paramount - Liverpool 6 - Spectrum Apartments - Sheffield 89

10 10 Front Elevation

11 11 Rear Elevation

12 NORFOLK STREET Floor Plan: Ground Floor NOTES 1. This drawing is copyright of BLOK architecture Ltd 2. Do not scale from this drawing 3. Use figured dimensions only 12 BRICK STREET B rev. date drawing status Suite 7 Hahnemann House 42 Hope Street Liverpool L1 9HW info@blokarchitecture.co.uk Client Job title Drawing title PINNACLE STUDENT DEVELOPMEN NORFOLK STREET PLAN

13 Area of Floor Plan: First Floor Studio 29m2 - - drn aud NOTES 1. This drawing is copyright of 2. Do not scale from this draw 3. Use figured dimensions onl LOK Scale A3 Drawn 13 AG Checked Date AG Job number Drawing number Issue B rev. date drawing status Suite 7 Hahnemann House 42 Hope Street Liverpool

14 Floor Plan: Second Floor Area of Studio 29m2 Area of Studio 29m2 Area of Studio 29m2 Area of Studio 29m2 14

15 Floor Plan: Third Floor Area of Studio 29m2 Area of Studio 29m2 Area of Studio 29m2 Area of Studio 29m2 15

16 16 Floor Plan: Ninth Floor

17 17 Floor Plan: Tenth Floor

18 About Liverpool One of Europe s fastest growing tourism economies Prestigious universities with an international reputation A growing, thriving, and productive business hub There were 57 million visitors to the Liverpool region in 2012 supporting 45,900 jobs. Liverpool is now seen as a great place to stay not just to visit and is now ranked 5th in the UK for overseas visitors. Liverpool One which is 0.6 of a mile from Baltic House recorded footfall of 26 million in 2013, a 5% rise on The Echo area opened in 2008 as part of the European Capital of Culture, Echo Arena is Liverpool's premier entertainment venue and this is situated 0.4 miles from Baltic House. Liverpool has several presitigious universities which collectively serve over 50,000 students. The rich historical and cultural offering of the city attracts a broad range of students and continues to score highly on student satisfaction surveys. Proportionally, the city has the highest number of overseas students. The city also has one of the lowest cost of living in the UK which ensures it will remain a popular student location for the foreseeable future, despite any external economic conditions. Liverpool is the place to do business. There are more than 500,000 businesses within 1.5 hours of the city centre. The city has a growing and thriving economy with a GVA of 9.15bn, the most productive city outside of London. This means the city boasts significant and varied employment prospects for graduates. The city has an incredibly exhilerating, challenging and inspiring future and continues to undertake continued investment in its people, universities and commercial infrastructure. 21

19 investment What Happens Next? Please contact your dedicated Portfolio Manager to discuss or request any of the following: Full floor plans Up to date availability Reservation details Project due diligence Contact Details Telephone: +44 (0) Web: