PARLIAMEN T SQUARE - luxurypropertyglobal.com Parliament Square Brochu… · PARLIAMEN T SQUARE...
Transcript of PARLIAMEN T SQUARE - luxurypropertyglobal.com Parliament Square Brochu… · PARLIAMEN T SQUARE...
1
P A R L I A M E N TS Q U A R E
P A R L I A M E N TS Q U A R E
P A R L I A M E N TS Q U A R E
3 6 169 11IntroductionDevelopment Overview
C O N T E N T S
Why LiverpoolBaltic TriangleLocation Map
About LegacieDevelopment Portfolio
Key Investment FactsPurchase Process
The ApartmentsStreet ViewsFloor plans
3
CREATIVE LIVING IN THE BALTIC TRIANGLE
Parliament Square
will be one of
Liverpool’s most
creative, innovative
landmarks
for residential
accommodation
Parliament Square is a stunning
new residential development
comprising 505 luxury
specification apartments and
market-leading on-site amenities
situated in the heart of the
famous Baltic Triangle.
The development will feature
Studio apartments as well as
1 bedroom, 2 bedroom and
3-bedroom units. Floor-to-ceiling
windows offer views over the
River Mersey and iconic landmarks
such as the Anglican Cathedral are
also on the doorstep in Liverpool’s
most prestigious development yet.
Boasting unrivalled on-site
facilities such as an invigorating
rooftop spa, a large cinema in
the main building, state of the art
gym facilities, resident’s offices
and meeting rooms and a full
concierge service.
Across the road is the highly
admired Baltic Market in the old
Cains Brewery, featuring artisan
food and drink from all over the
world with up to 100,000 visitors
in one weekend.
For a spot of high street shopping,
Liverpool One is just a 10-minute
walk from Parliament Square.
A hive of activity, Liverpool’s Baltic
Triangle is an area continually on
the rise. It is one of Liverpool’s
fastest growing districts, and has
been named the hippest area in
the UK by Travel Supermarket, as
well as the coolest place to live in
Britain by the Times.
“ONE OF THE COOLEST PLACES TO LIVE IN THE UK” THE TIMES
Residents will benefit from an
unrivalled menu of available
services, ordered as required
via an exclusive hotel app or the
on-site, 24-hour concierge. For
the busy professional this means
peace of mind that their home
doesn’t become neglected in
favour of their busy work life, and
they need never be short of a
freshly pressed suit.
Hotel services including room
services, ironing and dry cleaning
services to name but a few.
4
AT YOUR SERVICE
• State-of-the-art gym
• WiFi lounge
• Private cinema
• Luxury spa
• Swimming pool
• Bar and restaurant
PREMIUM SERVICES A CLICK OR A CALL AWAY
Parliament Square will be the first development
to bring superior hotel services to Liverpool’s
executive residential sector.
5
In pursuit of the most compelling
property investments, buyers will
be enthralled with the ground-
breaking residential experience
on offer at Parliament Square. For
a solid buy-to-let experience it is
wise to consider the investment
from the end-users perspective
and understand why they would
choose to live here.
The vision behind Parliament
Square was to create a landmark
design to stand apart but in tune
with its surroundings.
The result is a handsome modern
residence in a great location. With
high quality finishes, state-of-the
art concierge services and luxury
hotel facilities, Parliament Square
will be a highly desirable address.
This is what drives your return in a
way no other project can.
A luxury furniture pack is available
to purchase with every unit.
Car parking spaces are offered
at an additional cost of £20k per
space (plus £50 pa ground rent).
A SOLID INVESTMENT IN THE BUY TO LET MARKET
7% NET YIELD FAR EXCEEDS LONDON AVERAGES OF 3%
6
WHYLIVERPOOL?
Famed for its musical heritage and football teams, Liverpool is home to a unique city centre which features the greatest number of listed buildings outside London, a vast central shopping area, a diverse and exciting night time economy and one of the lowest cost of living levels in the country.
Now firmly established as a property investment hotspot, investors can expect to see strong capital growth and high rental yields driven by a demand for high-quality and central accommodation.
A study conducted by TotallyMoney reveals the top 4 places to invest are all in Liverpool! In addition, property prices are far lower than UK averages which means property in the city is currently extremely good value for money. As such, the city has proven a big hit with investors.
We suggest investing at the start of a rising market and it’s safe to say Liverpool’s property market will be rising considerably over the next decade.
The North of England is currently growing at a far faster rate than London, offers far lower property prices and consistent increases in capital growth. As a result more investors are now turning to Liverpool and Manchester instead.
Forecasted rise in property prices between 2012 - 2020 (JLL)
Increase in year-on-year economic growth in the city region.
NET yields, far higher than London where yields average 3%
Place to live in the UK as voted by TotallyMoney
Population of Liverpool which is growing rapidly
The UK’s leading
investment destination,
Liverpool is one of the
UK’s fastest growing
cities with access to six
million customers and
an economy worth more
than £149 billion.
ONE OF THE UK’S MOST VIBRANT CITY LIVING EXPERIENCES
22.8% £1.6bn 7% Top 4 467K
7
THE BALTIC TRIANGLE
The Baltic Triangle is one of the most exciting and fastest growing areas of Liverpool.
Once the well-worn factory and
workshop of the city back in the
1800’s, it is now a thriving and
cutting-edge destination that is
at the heart of the independent
Liverpool scene.
The Baltic Triangle occupies a
pivotal and central location -
positioned between a number
of the city’s most strategic
regeneration investments. The
area is within close proximity to
the Knowledge Quarter Mayoral
Development Zone and the
Liverpool City Enterprise Zone,
which between them have over
£3 billion of schemes either
on site or due to commence
in the coming years. It also
sits immediately next to parts
of Liverpool’s World Heritage
Site and straddles the World
Heritage Site Buffer Zone along
its southern edge.
As a result of the areas proximity
to the city centre and its
new popularity - fuelled by a
blossoming creative and digital
sector, it has attracted significant
levels of development.
8
CITY GUIDE
BALTIC TRIANGLE
KNOWLEDGE QUARTER
LIVERPOOLCITY CENTRE
1
2
3
4
5
7
6
8
9
1011
1 Baltic Market 100m
2 Queen’s Dock 500m
3 Chinatown 200m
4 Anglican Cathedral 300m
5 Echo Arena 950m
6 Royal Albert Dock 1.2km
7 The Liver Buildings 1.4km
8 Liverpool ONE 1km
9 Liverpool Central Station 1.25m
10 Liverpool Lime Street 1.4km
11 University of Liverpool 1.6km
9
KEY INVESTMENT FACTS
Liverpool and the North West has seen an increase of over 118% in direct foreign investment between 2014 - 2016. For example, Beijing Construction EngineeringGroup’s £800m investment into
Airport City is one of the largest single investments in Britain from China. A revolutionary extension of the city’s airport, it’s part of theUK government’s Northern Powerhouse agenda.
Rental Assurance is 7% NET
1 Bed Apartment Example:
Property Price £119,950
Annual Rental Income (7%) £8,397
Estimated Monthly Rent £700
With strong economic growth and an increasing population the demand for high quality rented accommodation is at an all time high in Liverpool. Build-to-rent accommodation is by far the best
way to meet this demand in the private rented sector.Knight Frank forecasts build-to-rent accommodation will soon be worth more than £50 billion in the UK.
Service Charge Approx. £2 per sq.ft
Management Fees 8%
Ground Rent £350
Leasehold Term 250 years
Planning Approved Q3 2018
Construction Begins Q1 2019
Completion Date Q4 2020
Massive Increase in International Investment
Growing Build-To-Rent Sector
Post Rental Assurance
Liverpool, is
outstripping any
other city with
property price
inflation of 7.5%
10
PURCHASE PROCESS
Our team of specialist advisors are on-call to assist you throughout the investment process from initial enquiry through to the completion and tenanting of the property.
We are more than happy to show potential and interested purchasers around the site, introduce them to the project’s developer and answer any queries that may arise during
the process. We are anticipating incredibly high demand for this project based on the success of the developer’s past schemes so we advise any interested parties to get in touch with us as soon as possible to avoid disappointment.
We have a clear and transparent purchase process; our investment consultants are available to guide you through each step.
All monies are held only to order of progressed work on site and can only be released via certificate
Payment Option A
1 Choose an apartment to buy
2 Pay a £5,000 reservation fee
3 Instruct solicitors
4 Transfer 35% of the funds on exchange (within 28 days)
5 Transfer 15% stage payment plus furniture pack payment by 1st December 2019
6 Transfer balance minus reservation fee on completion
Payment Option B
1 Choose an apartment to buy
2 Pay a £5,000 reservation fee
3 Instruct solicitors
4 Transfer 50% of the funds on exchange (within 28 days)
5 Transfer 25% stage payment plus furniture pack payment by 1st December 2019
6 Transfer balance on completion, less reservation fee and 4% interest paid on deposit
TWO PAYMENT OPTIONS ARE AVAILABLE:
11
THE DEVELOPERLegacie Developments was established by a team of experienced Liverpool based developers with an impressive track record and portfolio of projects throughout the North West built over the past 15 years.
Legacie works with some of the UK’s largest housebuilders and engineering firms. The developer focuses on building valuable homes, those that display quality and character to ensure value to the end user, value to the local market and value to the investor.
Focusing on Liverpool city centre, Legacie Developments are renowned for their prime positioning in enviable hotspot locations and their popular rental appeal to the city’s constantly expanding population of students, graduates and young professionals. Developer profile can be provided on request.
Nominated as the North West Property Developer For Regeneration Of The Year Awards 2018
BUILDING WITH INTEGRITY
John MorleyMANAGING DIRECTOR
One of Liverpool’s largest private landlords, John has spent his working life in property since graduating as a Quantity Surveyor. He gained huge experience during his early career working for a national hotel developer buying sites, refurbishing existing hotels as well as developing new ones and securing BPRA across 20 separate schemes throughout the UK. In recent years John has established a development company that has in excess of £450m GDV currently on site/scheduled to commence in coming 12 months. John’s knowledge of his native city is unsurpassed, both as a private landlord and a developer.
12
Graham Busby MD
+447743576631
Associate Director
London Office Direct+442030702333
13
Legacie pride themselves on delivering a high quality product on time.
KEEPING YOU IN THE LOOP
A key part of managing this process is the progress reports which are prepared regularly (often monthly) by an Independent RICS surveyor during the construction phase and issued to the client.
Construction progress reports may be a combination of minutes of construction progress and reports made on site, with key issues highlighted in an accompanying cover note.
Construction progress reports include and are not limited to:
• A summary of the progress made in each key area of the project
• Analysis of progress against the programme
• Progress photos
• Analysis of key performance indicators
On Legacie projects, the construction manager holds regular construction progress meetings with the consultant team. They will also hold regular construction progress meetings with trade contractors to
discuss on and off-site progress against the programme and to co-ordinate the release of information. Progress reports will then be prepared for the client and emailed in an easy to follow format with progress photos.
1414
OUR OUTSTANDING SERVICE FOR ALL INVESTORS
MEET & GREET
Stage one in your journey is meeting with one of our investment property partners who will work with you to understand your requirements and preferences to ensure that we identify the investment opportunity that is right for you. For all new schemes we are one of the first companies who will have a video walkthrough of the scheme and there chosen unit.
PROCESSING
Our Progress Chasing team will liaise with solicitors to ensure the 28-day exchange timeframe is met and confirm legal exchange of contract’s. At every stage they will maintain contact with you to assist with any queries.
We work with our sales partners to ensure that any questions are answered the same day.
CUSTOMER CARE
You will be welcomed by our dedicated Customer Care team who will support you with finance, furniture and lettings arrangements, as well as providing you with regular updates on the development of your new property and any general queries.
COMPLETION
In preparation for completion, your solicitor will serve your 10 working days’ notice of legal completion, and you will be invited to book your property handover appointment. During this stage your property will be subject to a thorough inspection to ensure it’s in perfect condition and all your fittings and appliances are in full working order.
For investors outside of the UK - we arrange Video calls with them and walk and talk them through there unit. This is something which has really been received well.
HANDOVER
Your handover appointment will last 90 minutes, during which we will hand over your keys and give you a detailed demonstration of your property, talk through your handover information pack and introduce you to our dedicated online Investors Portal where you can access full information about your property, local area and easily report any issues.
For all investors the lettings team will advise a full procedure showing the investors how the property is being managed and taken care of.
AFTER CARE
Following the handover of your property, our dedicated Aftersales team will be on hand to help with any issues that may arise, to give you total peace of mind and guarantee that you’re being looked after even after your purchase.
With our dedicated portal access you will be able to view the update of your property 24/7.
As Legacie manages all of its property in-house we give a level of care that very few are able to match.
Legacie Managed Property Service Explained
The award winning customer service that
you will experience to get you from A to B
on your investment journey is what truly sets
Legacie apart.
15
ROPEMAKER PLACE, LIVERPOOLSold Out | Construction on schedule
HOTEL INDIGO, BIRMINGHAMCompleted
Ropemaker Place is a new 74 apartment residential development located in the heart of Liverpool’s Ropewalks district. The development recently sold out and the construction programme is running to schedule. Ropemaker Place consists of generously spaced, high specification one and two bedroom apartments.
£3m fit out within iconic new Birmingham landmark development The Cube. 60nr rooms constructed on 23/24th floor presenting logistical challenges. IHG’s new boutique hotel brand encompassing a completely new interior design experience for each venue. Interior design themed to the Cube Building - itself inspired by the immediate heritage of the Jewellery Quarter.
PORTFOLIO
16
RELIANCE HOUSE, LIVERPOOLCompleted
HOLIDAY INN EXPRESS, BIRMINGHAMCompleted
Legacie Development have recently completed the development of Reliance House, a stunning conversion of a period building into luxury apartments, precisely on schedule. Construction updates and progress reports were sent to all purchasers on a regular basis and feedback from buyers on the completed development has been exceptional.
£8m refurbishment to vacant commercial building to form 224nr room Express by Holiday Inn. 18 storey building with full facade upgraded. Significant logistical challenges in respect of material distribution resultant from storey height and city centre location
17
THE APARTMENTS
Each apartment represents a well-appointed place to live offering a premium specification that includes real wood floors, feature windows throughout, premium fitted kitchens, luxury bathroom suites and stylish inset lighting.
The design theme is focused on delivering stylish practicality further enhanced by stunning city and river views.
PRIVATE PARKINGThere are 45 secure indoor parking spaces available as part of Phase 1. These spaces will come with the same 7% net rental guarantee if bought with a buy to let apartment. The underground parking area will have a rollershutter access. There will be no guarantee for personal use.
Spaces are available for purchase at £20,000 plus £50 per annum ground rent.
The apartments at
Parliament Square have
been designed to create
comfortable, spacious
and high-end homes.
18
APARTMENT SPECIFICATIONS
AVAILABLE APARTMENTS
KITCHENS
• Premium white high glosslacquer finish units with softclosing doors
• Square-edged work surfaceswith porcelain tile splashbacks
• A+ high quality integratedappliances for maximumefficiency and performance
• Stainless steel sink unit withmixer tap
• Integrated LED track lightingunder wall units
• Stainless steel extractor fan
BATHROOMS & EN-SUITES
• Contemporary design-ledwhite sanitary ware
• Chrome fittings
• Fixed shower head and handheld shower attachment
• Porcelain tiles throughout
• Heated towel rail
• Ventilation fan
FLOOR FINISHES
• Superior wood engineeredflooring throughout hallway,kitchen, living area andbedrooms
• Porcelain tiling throughoutbathrooms and en-suites
WALL & CEILING FINISHES
• Three coats of high qualitywhite matt emulsion to wallsand ceiling throughout
ELECTRICAL/SECURITY
• Latest LED technologydownlighting
• Dali lighting control inliving area
• Smart connection points inliving area including speakerswith Bluetooth connectionand additional connection inthe kitchen and bedrooms
• Vimar light switches andsockets throughout
• Secure residents entrances
• Automated door entrysystem with video link
STUDIOS 28
1 BEDROOM 87
2 BEDROOM 56
3 BEDROOM 3(PENTHOUSE)
19
STUDIOAPARTMENTSUNITS AVAILABLE 28
AVERAGE SQ.FT 330 SQ.FT
ROI 7% NET YIELD
PRICE FROM £94,950
EXAMPLE STUDIO FLOORPLAN
Studio apartments at Parliament Square have been designed to create a high-end yet affordable home providing ample living space with a large combined bedroom, kitchen and living room along with a well-appointed bathroom.
Offering comfortable living for two people the studios feature high-specification materials throughout and attractive city/river views.
20
ONE BEDROOMAPARTMENTSUNITS AVAILABLE 87
AVERAGE SQ.FT 420 SQ.FT
ROI 7% NET YIELD
PRICE FROM £119,950
EXAMPLE ONE BEDROOM FLOORPLAN
One bed apartments have been designed to provide a stylish and practical home with a strong focus on creating a high-end experience. A light and airy feel combined with modern grey tones and hardwood flooring conveys a strong sense of quality and style.
Offering comfortable living for two people the one bed apartments feature high-specification materials throughout and attractive city/river views.
21
TWO BEDROOMAPARTMENTSUNITS AVAILABLE 56
AVERAGE SQ.FT 635 SQ.FT
ROI 7% NET YIELD
PRICE FROM £169,950
EXAMPLE TWO BEDROOM FLOORPLAN
Designed to provide a premium residential experience, the two bed apartments offer stunning and spacious layouts with high-end finishes, fixtures and fittings throughout. The design aesthetic delivers a modern and airy feel via the use of stylish grey tones,
hardwood flooring and inset lighting. Offering comfortable living for up to four people the two bed apartments represent stylish, luxury specification homes that meet the high demands of the modern rental market.
22
THREE BEDROOMAPARTMENTSUNITS AVAILABLE 3
AVERAGE SQ.FT 829 SQ.FT
ROI 7% NET YIELD
PRICE FROM £264,950
EXAMPLE THREE BEDROOM FLOORPLAN
Designed to provide a premium residential experience, the three bed apartments offer stunning and spacious layouts with high-end finishes, fixtures and fittings throughout. The design aesthetic delivers a modern and airy feel via the use of stylish grey tones,
hardwood flooring and inset lighting. Offering comfortable living for a modern family or four people, the three bed apartments represent stylish, luxury specification homes that meet the high demands of the modern rental market.
23
THREE BEDROOMPENTHOUSECOMPLETE 16TH FLOOR
TOTAL AREA SQ.FT 4,403 SQ.FT
OUTSIDE TERRACE AREA 34m2
PRICE FROM £1,550,000
3 BEDROOM PENTHOUSE FLOORPLAN
A truly magnificent penthouse apartment with a spacious roof terrace and spectacular views overlooking the city skyline. Spanning the 16th floor, the three bedroom penthouse apartment is unique in its design, with the highest quality finish and carefully
considered spaces bathed in natural light. With a 24 hour concierge and benefiting from fabulous amenities such as a fully equipped gym, private cinema, luxury spa and underground parking available by separate negotiation.
24
PARLIAMENT SQUARESTREET VIEW