Project Name: Granite House
Location: Liverpool, United Kingdom
Address: 8-10 Stanley Street Liverpool L1 6AF
Developer: Granite Building Management Ltd.
Tenancy Management: Terminal Lettings International
Completion: September 2018
Overview:
Granite House is a Grade II listed building on Stanley Street in central Liverpool. Built in the traditional construction style of the early 20th Century, it will be re-purposed to a boutique student accommodation development of 39 self-contained units with en-suite bathrooms and integrated kitchens.
A range of communal facilities will also be readily available for tenants, such as a communal basement area that will be used as a series of breakout areas with TVs, games area with pool tables and comfortable lounge furniture.
Opportunity:
8.3% guaranteed annual yield for 2 years.
Fees :
Ground Rent: £ 350 annually
Leasehold: 250 years leasehold
Service Charges: Approx. £1,130
Payment Plan: £5,000 Reservation, 50% Exchange (minus reservation fee),50% Completion
Unit Features:
- Full range kitchen: oven, extractor and hob etc.
- White goods – under counter fridge freezer (Beko, Samsung or similar)
- Built in mirror to wall
- Built in storage with wardrobe
- 3/4 bed with headboard
- 2 seater sofa
- High-speed internet
- Intercom entry system
Location: Liverpool
Liverpool has experienced a phenomenal amount of regeneration over the years, and there is more on the horizon. In early 2017 the regions leaders signed off a £650m investment package for 43 individual projects that are predicted to create over 13,000 jobs in the area. These projects include a £20m industrial park in Netherton and plan to progress Liverpool’s permanent cruise liner terminal at Princes Jetty, Princes Parade.
Global pharmaceutical giant Seqirus has announced a £40m investment in their Liverpool site, which is anticipated to create 100 new jobs. Liverpool is one of the leading biotechnology hubs, which provides fantastic opportunities for scientists and graduates who have studied the sciences at university.
With these new job opportunities and constant improvements to Liverpool’s cultural offerings and infrastructure, it is unsurprising that it is becoming a popular city for students and graduates alike. The number of people choosing to study at one of Liverpool’s universities is rapidly growing; from 2015 – 2016 there was a 20% YoY increase as they continue to see the benefits of studying in such a fast-growing city with lots of employment opportunities.
A Retail Revolution
Introducing Liverpool One; a £500m shopping experience at the heart of the city center:
- 160 high street shops, cafes, restaurants and boutiques
- The largest outdoor shopping center in the U.K
- Attracts 55 million tourist per year
Universities
Home to three first-rate universities and over 50,000 students, Liverpool’s scholastic stature is more than academic:
- The University of Liverpool
- Liverpool John Moores University
- Liverpool Hope University
Distances :
- Avril Robarts Library – 0.3 miles
- St Johns Shopping Centre – 0.3 miles
- Liverpool One – 0.4 miles
- Liverpool Railway Station – 0.4 milesCopperas Hill Campus (Liverpool John Moores University) – 0.5 miles
- Liverpool John Moores University Campus – 0.5 miles
- Liverpool School of Tropical Medicine – 0.8 miles
- Hope University Campus – 0.9 miles
- Royal Liverpool University Hospital – 1.2 miles