08th February 2019
Quay Central | Liverpool
With works on site progressing along nicely, Nicola Smith, Associate Director for Manchester and Liverpool, took a tour of the site to bring an update on the progress on site at Quay Central.
Quay Central is in the heart of the Liverpool Waters masterplan, which will be transforming the historic Liverpool docks. With the ease of accessibility to Liverpool City Centre and the universities within the city, Quay Central is becoming a highly sought-after development as our network of local agents have already started marketing Quay Central and has a list of people waiting to view Quay Central upon completion.
We are estimating that rents at Quay Central will between £650 and £1,025 depending on the size and type of unit, which is respectively 37% and 52% higher than the current rental asking prices in Liverpool for one and two bedroom properties as per Zoopla’s latest area guide.
All the apartments at Quay Central will be finished to an extremely high specification throughout, which will prove to be exceptionally popular with young professionals and international students, due to its proximity to the city centre and the local amenities including the University of Liverpool, Liverpool John Moores University.
The private rented sector (PRS) in Liverpool is gathering pace as several new and forecast PRS developments in the city centre and fringes continue to get underway and investors continue to enjoy strong yields and returns. We have witnessed excellent results with our previous development in Liverpool, The Levels Our occupancy rate in the development is 100% and our team have achieved excellent rental values for our clients, the average monthly rent being £1,048 and the average rental yield being 5.20% – which is fantastic news for our investors.
We are estimating that Quay Central’s performance will be in line and possible exceed the results we’ve achieved at The Levels. If you would like to find out more information about the Quay Central and how we can assist with the management of your investment, please contact us on firstname.lastname@example.org or call us on +44(0) 203 551 9900.