Having been named the hippest area to live in the UK by Travel Supermarket, it's no surprise investment has been pouring in for development in the area. But it's not just the trendy vibe that investors are flocking to the area for, it's the high yields that are up for grabs in this North West City. Liverpool has seen some of the highest yields in the UK and the area shows no sign of slowing down.
Parliament Square is a unique development, located in the Baltic Triangle, Liverpool's hive of activity. We predict this particular investment spot will fetch yields as high 10% (after agency fees) when bought as an Airbnb investment, over double the 3% (after agency fees) that could be achieved currently through long let in London.
Parliament Square, Baltic Triangle, Liverpool
Phase two of the development comprises of 57 luxury apartments, with luxury specifications throughout. The development features one and two bedrooms apartments starting at £99,950, with jaw-dropping views over the River Mersey and further iconic landmarks in Liverpool such as the Anglican Cathedral. All the properties are on with Portico as sole agent and available as buy to let Airbnb investment properties.
Why Portico Host?
The North of England is currently growing at a far faster rate than London and offers much lower property prices and considerably higher yields available. By purchasing an apartment through Portico in Parliament Sq. you will be signing up to have Portico Host manage your property for you through Airbnb. There really will be nothing you need to do as everything is managed from the photography to the guest communication to any maintenance issues. You can just sit back and wait for your pay-packet to come in at the end of the month.
Over the last year 11.1 million people in the UK have used Airbnb to travel to other parts of the UK and abroad. The growing platform is what will give your property the potential to achieve higher yields than you would with long let. Through Portico Host not only will we take care of the set up of your property, but we will also ensure you and your home are protected as our management package comes with additional insurance cover.
If you are interested in the opportunity to invest in this growing build-to-rent sector just give us a call on 0207 099 4000,
Or drop the Liverpool team an email at email@example.com