Stay Young in Vibrant Liverpool
Invest in serviced apartments in Liverpool city centre from just £84,262
Liverpool – a young, vibrant city with a bright future
Regeneration has completely transformed Liverpool into a thriving city, popular with students and young professionals taking the first step in their career. It is home to the largest proportion of fastest-growing businesses in the country, and it’s one of the best cities to find work. It’s also the birthplace of the Beatles, has been the European Capital of Culture, home to Liverpool F.C, offers a range of galleries and museums, restaurants and pubs.
Liverpool’s booming tourism economy
Last year the city welcomed over 62million visitors – an increase of almost 1m from 2015 – and the City Region’s Visitor Economy is worth £4.3billion. It is the fifth most visited destination for overseas visitors and there was nearly a 2% growth in hotel occupancy. In 2016, there was a 3.9% increase in overnight visitors, with serviced accommodation usage increasing the most, up 6.4%.
It’s easy to see the appeal of serviced accommodation. They have similar amenities to hotel rooms and can be used for either short-term or long-term stays, but offer a more home-from-home type experience, with greater privacy and flexibility. They are often about 15-30% cheaper than the average hotel room, making them good choices for budget-conscious families or businesses wishing to save on travel costs.
Sir Thomas – A Serviced Apartment Investment to Accommodate the Increase in Self-Catered Demand
Sir Thomas House is a serviced apartment development in the L1 post code in Liverpool, a central district that is within easy reach of what Liverpool offers, including Liverpool ONE shopping centre, transport links, bars, pubs and restaurants. The regeneration of Liverpool’s shopping district has lifted the city to become the 5th most popular retail destinations in the UK, enjoying a footfall 4% above the UK average (500,000 per week).
Due to its location, it is an ideal choice for an overnight guest who is looking to pack in as much exploration as possible. Since 2014 P&O cruises now depart from Liverpool directly so people can choose to stay and explore Liverpool before their departure. This year 63 vessels are set to bring 78,742 passengers to the city, up from 15 vessels carrying 27,278 in 2011.
Liverpool P&O Cruises
Both the number of people visiting Liverpool for shopping trips, and the increase in the number of vessels bringing passengers to the city, will ensure strong demand for self-catered serviced apartments.
Whether it is from a personal use perspective or simply as a serviced apartment investment, the appeal is clear; the property will generate an attractive net rental income of 8% and for further peace of mind the rental income is assured by the developer for two years.
This article was brought to you by One Touch Property Investment, a specialist in sourcing quality student, care home investments and buy-to-let investments in the UK. Contact One Touch Property Investment today to find out more about this lucrative investment in bustling, vibrant Liverpool.
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