Liverpool Quay Central Brochure (English)

LIVERPOOL:

MACRO OVERVIEW LIVERPOOL CITY REGION 1.5 million population Liverpool City Region’s economy is set to double to GBP50 billion by 2040 LIVERPOOL CITY 483,500 population Over 100,000 new jobs and 20,000 new businesses forecast over the next 25 years Sources: ONS

THE DEVELOPMENT

QUAY CENTRAL Quay Central is a high-specification new-build development located in a core part of Liverpool Water’s future cultural and leisure hub – Central Docks. Reflecting Liverpool’s industrious heritage, the building’s exteriors exude a warehouse aesthetic to fit in with the area’s ambience.

Computer generated images are intended for illustrative purposes only

THE DEVELOPMENT

DOWNLOAD FLOORPLANS Computer generated images are intended for illustrative purposes only

SPECIFICATION

• High specification bathroom and en-suite shower room fittings • Two bed apartments provide spacious master bedroom with adjacent en-suite shower room • High quality porcelain floor and wall bathroom tiles • Integrated wardrobe storage to all bedrooms with internal shelving and hanging rail facilities • Deluxe carpet flooring to all bedrooms • High quality vinyl flooring planks throughout all living areas • All kitchens are fully equipped with high quality appliances; integrated oven with hob above and cabinet fitted extractor hood, integrated full size dishwasher and free standing 50/50 fridge freezer • High quality washer/dryer appliance to all apartment’s utility rooms • Overhead cabinet recessed LED strip lighting in all kitchens • High quality stone-style kitchen worktop with matching splash-back For more information, please speak to one of our consultants.

Computer generated images are intended for illustrative purposes only

STANLE Y ROAD

THE AREA R Y STREE BOUNDAR

A59 A5050

D ROAD

GREAT HOWARD STREET

REGENT ROAD

GREAT HOME ST

SCOTLAN

VAUXHA LL RD

18

9

TO ER EV

A5038

N

A59

RD

QUAY CENTRAL

A59

1

SW N

ST

ST LEEDS

E NN

53 A50

A ST.

WATERLOO ROAD

9 04 A5

A5052

HUNTER ST ISL

11

U BR ERSKINE ST

INGTON NEW ISL N O T ING

T ST PRESCO

4

ST RN TH EB A

OKE PL ACE

WEST

HI L

L

PP E

CO

6

ST

E R

VE NO HA

N RA ST

7

8 03 A5

RE GO

S ME JA

DE RB YS T

5

13

ST

E TH

14

PEMBR

ST RUSSELL

AY QU

ST EL AP

ER AT W

12

RA S

W NE

CH

LONDON RD

A50 38

TI

EE QU

8

TUNNEL AY W NS

LOW HILL

38 50 A

10

K IC

D A RO

ST

OW BROWNL

MO UN TP LE AS AN

T

2

HILL

3 OXFORD ST

D A50 38

15

UP PE R

PA K R GREAT GEORGE ST

E

COMMERCIAL DISTRICT 37 A50

17

A

56 1

ST

CHINATOWN

A562 TON SE F

BALTIC TRIANGLE

ST

5

RETAIL DISTRICT ROPEWALKS

NT IAME PARL R E P B5 UP 17

ST ER

ST GEORGE’S QUARTER

ON AL CH

CAVERN QUARTER

ST

N LA

G PIN

16

DU KE

B5 17 7

P WA

LIVERPOOL WATERS EXISTING WATERFRONT

A5039

A5039

ST

DU KE ST

N

500m

Computer generated images are intended for illustrative purposes only

LIVERPOOL MAP 1

LIVERPOOL JOHN MOORES UNIVERSITY, CITY CAMPUS

10

WORLD MUSEUM

2

UNIVERSITY OF LIVERPOOL

11

CENTRAL LIBRARY

3

LIVERPOOL JOHN MOORES UNIVERSITY, MOUNT PLEASANT CAMPUS

12

ST GEORGE’S HALL

4

THE ROYAL LIVERPOOL UNIVERSITY HOSPITAL

13

CAVERN CLUB

5

ST JOHN’S SHOPPING CENTRE

14

MUSEUM OF LIVERPOOL

6

LIVERPOOL ONE

15

ALBERT DOCK

7

JOHN LEWIS

16

ECHO ARENA

8

ST JOHN’S GARDENS

17

EXHIBITION CENTRE LIVERPOOL

9

EVERTON SKATE PARK

18

TITANIC HOTEL

9

CONNECTIVITY The Liverpool Waters masterplan includes provisions for public transport corridors and bus stops that will get you directly into the city centre and stations. This will include a stop at the adjacent Prospect Park.

WALKING DISTANCE 1

Nearest City bound bus stop (6 mins)

2

Moorfields Station (16 mins)

3

Liverpool James St Station (19 mins)

4

Liverpool City Centre (19 mins)

BUS TRAVEL TIMES 1

Liverpool City Centre (16 mins)

KI RK

OAD

DA LE

R MINGO

Y BOUNDAR

STANLE Y ROAD

COMPARABLES

STREER

A59 A5050

D ROAD

GREAT HOWARD STREET

Average price for 1 beds: 141k Average price for 2 beds: 208k

REGENT ROAD

GREAT HOME ST

SCOTLAN

VAUXHA LL RD

QUAY CENTRAL

WATERLOO WAREHOUSE Average price for 2 beds: 230k

N TO ER EV

A5038

RESALE

A59

RD

INFINITY WATERS CASH ONLY

SW N U R B ERSKINE ST

ST

ST

T ST PRESCO

RN

ST

RESALE - COMPLETED IN 2008

LOW HILL

38 50 A

A5052

INGTON NEW ISL N O T ING ISL

HUNTER ST

ALEXANDRA TOWER

D A RO

K IC

E NN

A59

A ST.

WATERLOO ROAD

53 A50 LEEDS

9 04 A5

Average price for 1 beds: 142k Average price for 2 beds: 211k

TH EB A

TUNNEL AY 150k Average price for 1 beds: SW EN UE Average price for 2 Qbeds: 230k

LONDON RD

WEST

DE RB YS T

Average price for 1 beds: 141.5k L Average price for 2 beds: 231k

E TH

PP E

RA S

HI L

ST

OW BROWNL

ST

E R

VE NO HA

8 03 A5

ST

HILL

MO UN

TP LE AS AN

T OXFORD ST

A50 38

ST

A5039

THE COLONNADES

PA

P WA

UP PE R

DU KE

ST

K R

Average price for 2 beds: 352.5k

N LA E

G PIN

37 A50

ON AL CH

SOUTH QUAY, WAPPING DOCK

T ST

Average price for 1 beds: 285k ARLIAMEN ER P

ST ER

UPP

B5 17 5

A562

HERCULANEUM QUAY TON SE F

ST

A Average price for 1 beds: 152k 56 1 Average price for 2 beds: 240k

B5 17 7

D

Average price for 1 beds: 162.5k Average priceDUfor 2 beds: 192.5k KE ST

A5039

N RA ST

MANN ISLAND

GREAT GEORGE ST

RE GO

S ME JA

E

ST RUSSELL

AY QU

ER AT W

OKE PL AC

THE STRAND

CO

W NE

CH

A50 38

TI

PEMBR

ST EL AP

ECONOMY

LIVERPOOL’S ECONOMY HAS EXPANDED AT A FASTER PACE THAN THE REST OF THE UK. LIVERPOOL’S GVA GROWTH WAS RECORDED AT 3.6% FROM 2014-2015, WHILE THE GVA FOR THE REST OF THE UK WAS 2.9%.

NORTHERN POWERHOUSE Generating over GBP7 billion investment, the Northern Powerhouse scheme is designed to strengthen connectivity and create a more diverse and efficient regional economy that will benefit the UK as a whole.

SPOTLIGHT ON LIVERPOOL • Liverpool recorded the strongest growth of any Northern Powerhouse core city region between 2013-2015, in both overall GVA and per capita terms • The Northern Powerhouse Investment Fund will contribute over GBP500 million to help SMEs achieve their growth ambitions and revitalise local economies, with Liverpool City Region benefitting from GBP72 million • Liverpool’s first metro-mayor was elected in 2017 with budgetary control over education, planning, housing, transport and health

ECONOMY

DIVERSE ECONOMY • Liverpool has the UK’s largest wealth management centre outside London – handling over GBP13 billion in assets and employing 60,000 people • The city’s health and life sciences sector is worth GBP1.7 billion and generates over 100,000 jobs. Liverpool also has the largest concentration of biopharmaceutical companies in Europe • The GBP1 billion Superport plans to integrate the city’s ports, airports, freight community and its surrounding logistics infrastructure into a global freight hub, capable of handling 95% of the world’s container ships • In 2018, Liverpool will host the world’s largest business event for the third year running, The International Business Festival, which includes 50 major events, nine high-growth industry themes and 200 world-class speakers

EDUCATION • Liverpool boasts a student population of over 60,000, representing 15% of the city’s population • With over 10,000 international students, Liverpool was voted the No.1 UK destination for Chinese students by the British Council • 31% graduate retention rate in the city (Jan 2017) • Students collectively contribute GBP300 million annually to the city’s economy • Liverpool’s top three universities have experienced 26% growth in enrolment over the last five years

Sources: Centre for Cities, British Council , Liverpool City Council

SUPPLY

NET HOUSING COMPLETIONS Number of homes Net Completions Annual requirement Annual average

Source: The City of Liverpool, Sep 2016, Liverpool City Council

• 1,480 new homes targeted to be built each year up to 2033 • Housing supply since 2009 has not met government-set targets, creating a 59% shortfall • This legacy of missed targets, combined with the slowdown of housing delivery, has created a structural long-term shortfall of supply

DEMAND

LIVERPOOL’S POPULATION IS FORECAST TO GROW AT A SIGNIFICANTLY FASTER RATE COMPARED TO THE BROADER REGION. THIS GROWTH IS DRIVEN LARGELY BY THE CITY’S THRIVING ECONOMY CAUSING AN INCREASE IN HOUSING DEMAND.

POPULATION GROWTH LIVERPOOL VS NORTH WEST REGION -

LIVERPOOL VS LIVERPOOL CITY REGION -

Population in Liverpool (in thousands)

Population in Liverpool (in thousands)

11.5%

6.4%

North West Liverpool Liverpool Liverpool City Region Source: ONS, JLL

• Liverpool City Region’s population is projected to increase to 1.6 million by 2040, with 50,000 additional people living in the city by 2040 • City bound migration is accelerating due to the swelling student population and growing business and economic opportunities within the city, driving demand for inner city and city fringe apartments • JLL forecasts the number of households to increase by 2,000 annually from 2017 to 2021, totalling 10,000 additional dwellings needed on top of current levels to meet the growing demand

SALES MARKET

OWNER OCCUPIER DEMAND REMAINS FOCUSED ON ESTABLISHED CITY CENTRE AREAS AND THE WATERFRONT, DRIVING LIQUIDITY FOR SALES IN THESE LOCATIONS.

LIVERPOOL HOUSE PRICE GROWTH FORECAST (% ANNUAL CHANGE) -

LIVERPOOL APARTMENTS AVERAGE PRICES AS OF YEAR-END 2016 -

Source: JLL

Source: JLL

AVERAGE HOUSE PRICE -

GBP

• House

AVERAGE HOUSE PRICE

prices have grown by 14% since 2015

• Prices

have recovered 23% since trough

• However

- prices still remain 7% below peak

Source: Land Registry

RENTAL MARKET

PRIVATE RENTING IS ON THE RISE IN LIVERPOOL – A REFLECTION OF THE GROWING NUMBER OF YOUNG PROFESSIONALS DRIVING UP DEMAND FOR HIGH QUALITY HOUSING IN THE CITY CENTRE.

66% of homes in Liverpool city centre are privately rented 50% of city centre residents are young professionals 15% of the city’s population are students

LIVERPOOL RENTAL PRICE GROWTH FORECAST (% ANNUAL CHANGE) -

LIVERPOOL APARTMENTS AVERAGE MONTHLY RENTS AS OF YEAR-END 2016 -

Source: JLL

Source: JLL

REGENERATION

LIVERPOOL WATERS Following in the footsteps of Albert Dock’s remarkable regeneration, Liverpool Waters is a GBP5 billion masterplan to transform the city’s historic northern docks into a 150-hectare waterfront quarter of residential, commercial and leisure space for central Liverpool. The scheme is developed by Peel Group - globally renowned for their GBP800 million investment into Manchester’s creative and digital hub Media City. Liverpool Waters’ five neighbourhoods will offer impressive views of the River Mersey and create an unrivalled location and lifestyle for its residents.

The area is already home to several MNC’s such as PricewaterhouseCoopers, KPMG, Cargill and CMA-CGM, and will continue to grow as part of a wider 30-year strategy to enable the city’s prime waterfront space and associated economy to compete with major global ports.

CENTRAL DOCKS Set in the most centralised location within Liverpool Waters, Central Docks will be the area’s beating heart, forming its entertainment, business and leisure hub. The plan will create 166,000sqm of office space, a 25,000sqm area for restaurants and bars set around an impressive green space and cultural space. Central Docks will also dedicate space to Liverpool’s inspiring cultural heritage and have a new Isle of Man Ferry Terminal and Embassy.

RETURNS MODEL

AVERAGE SAMPLE 2-BED UNIT PRICE

GBP208,000

LTV

65%

MORTGAGE INTEREST RATE (interest only)

3.25% (25 years)

WHAT IS MY NET MONTHLY CASH POSITION AFTER PAYING MY MORTGAGE? -

Price (GBP)

CASH IN:

CASH OUT:

• Rental income

• Tenant management fees • Running costs • Mortgage costs

RETURNS MODEL

HOW MUCH WILL MY PROPERTY INCREASE IN VALUE?

Price (GBP)

Capital appreciation (%)

Illustrative property value (GBP)

0 ILLUSTRATIVE PROPERTY VALUE

1

Capital appreciation (%)

2

3

4

Annual growth

5

6

7

8

9

10

208,000 218,400 224,952 233,950 244,478 255,479 265,826 275,516 284,554 292,955 300,740

CAPITAL APPRECIATION

-

5%

8.1%

12.5%

17.5%

22.8%

27.8%

32.5%

36.8%

40.8%

44.6%

ANNUAL GROWTH

-

5.0%

3.0%

4.0%

4.5%

4.5%

4.1%

3.7%

3.3%

3.0%

2.7%

RETURNS MODEL

WHAT WILL MY GROSS RENTAL INCOME BE?

Rent (GBP)

Rental yield (%)

Rental income

RENTAL INCOME RENTAL YIELD

Rental yield

1

2

3

4

5

6

7

8

9

10

11,400

11,799

12,212

12,700

13,145

13,559

13,943

14,299

14,628

14,930

5.5%

5.7%

5.9%

6.1%

6.3%

6.5%

6.7%

6.9%

7.0%

7.2%

5-year gross rental income: GBP61,256 10-year gross rental income: GBP132,615

RETURNS MODEL

5-YEAR PROFIT GROSS PROFIT

GBP Net profit

Gross profit: Rental income and capital appreciation Net profit: Gross profit minus acquisition costs, running costs, mortgage costs and tax liability Property price at purchase: GBP208,000 Property value at sale (year 5): GBP255,479 LTV: 65% (GBP135,200) Mortage interest rate: 3.25% (25 years) 5-year gross profit: GBP108,736 Rental income: GBP61,256 Capital appreciation: GBP47,479

RETURNS MODEL

10-YEAR PROFIT GROSS PROFIT

GBP Net profit

Gross profit: Rental income and capital appreciation Net profit: Gross profit minus acquisition costs, running costs, mortgage costs and tax liability Property price at purchase: GBP208,000 Property value at sale (year 10): GBP300,740 LTV: 65% (GBP135,200) Mortage interest rate: 3.25% (25 years) 10-year gross profit: GBP225,355 Rental income: GBP132,615 Capital appreciation: GBP92,740