falkner place€¦ · liverpool’s property market. “liverpool city centre remains one of the...

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F A L K N E R P L A C E A T T H E G E O R G I A N Q U A R T E R

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F A L K N E R P L A C E A T T H E G E O R G I A N Q U A R T E R

U K B U Y - T O - L E T E X C L U S I V E

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E X E C U T I V E S U M M A R Y

F A L K N E R P L A C E

I N V E S T M E N T H I G H L I G H T S

Between 2001 and 2011, the number of people renting in Liverpool’s private rental sector increased by 82.1% (2011 Census).

The population of Liverpool’s city centre is forecast to increase to 496,000 by 2037 – up from 472,000 in 2016 (ONS).

Strong demand for properties in private rental sector continues to boost Liverpool’s property market.

“ L i v e r p o o l C i t y C e n t r e r e m a i n s o n e o f t h e U K ’ s m o s t a f f o r d a b l e m a j o r c i t i e s f o r p r o p e r t y i n v e s t o r s . ”

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> Early investor discount

> 8% NET assured income for 3 years

> 20% capital uplift forecast before completion

> Located in Liverpool’s desirable Georgian Quarter

> Fully managed investment designed for UK and overseas investors

> Attractive capital growth potential

For a long time, buy-to-let property has been a popular choice for investors. Those who bought at the right time have been rewarded with strong capital growth and rising rental returns.

Exclusive to Experience Invest, Falkner Place is a new residential property investment located in one of Liverpool’s most desirable residential areas.

Occupying a prime location which has convenient transport links and is walking distance to the city centre, its main attractions and its universities, the development is well-positioned to appeal to Liverpool’s thriving rental market.

For investor security, 8% assured NET returns are offered to safeguard the first three years of the investment.

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I N T R O D U C I N G


I N V E S T M E N T S N A P S H O T

Located in the affluent Georgian Quarter of Liverpool, the impressive £15 million project will see 109 residential apartments built ranging from studios, 1 bed, 1 bed duplex and 2 bed duplex apartments.

I M P R E S S I V E N E W -B U I L D A P A R T M E N T S D E S I G N E D F O R L I V I N G

· Located in the heart of Liverpool’s prestigious Georgian Quarter· Studio, one bedroom, one bedroom duplex and two bedroom duplex apartments· Selection of desirable on-site facilities

P R I M E C E N T R A L L O C A T I O N

· Walking distance to Liverpool’s city centre and its main attractions and universities· Conveniently located with great transport links· Less than a 10 min walk to the Liverpool Women’s Hospital

O U T S T A N D I N G G R O W T H P O T E N T I A L

· Well positioned to capitalise on the continued regeneration of Liverpool’s city centre and its surrounding area· A part of the regeneration of the UK’s largest collections of terraced Georgian townhouses and Grade II listed buildings outside of London

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W H Y I N V E S T I N L I V E R P O O L ?

W H Y I N V E S T I N F A L K N E R P L A C E ?

FASTEST GROWING ECONOMY OUTSIDE OF

LONDON

MAJOR INVESTMENT AND REGENERATION WITH PROJECTS

INCLUDING THE £5.5 BILLION LIVERPOOL WATERS SCHEME

HOME TO ALMOST HALF A MILLION PEOPLE, LIVERPOOL IS A MAJOR

UK CITY AND IS ONE OF THE COUNTRY’S LARGEST ECONOMIES

PROPERTY PRICES IN LIVERPOOL CITY CENTRE

HAVE CLIMBED BY 41% OVER THE PAST 3 YEARS (WHICH?

MORTGAGE ADVISERS)

AVERAGE RENTS INCREASED BY 11%IN 2015 (HOMELET)

PRIVATE RENTAL COSTS FORECAST TO RISE BY 22% BY 2022

ACCORDING TO THE NATIONAL HOUSING FEDERATION

M A R K E T O V E R V I E W M A R K E T F U N D A M E N T A L S

£ 5.5 BILION

41%

11%

RENT 22%

EARLY INVESTOR DISCOUNT

20% CAPITAL UPLIFT FORECAST UPON COMPLETION

A HSBC REPORT SHOWS RENTAL RETURNS IN LIVERPOOL ARE

OUTPERFORMING THE CAPITAL

FULLY MANAGED INVESTMENTDESIGNED FOR UK AND OVERSEAS

INVESTORS

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8% NET P.A.ASSURED FOR

3 YEARS

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T H E O P P O R T U N I T Y

L O C A T I O N

F I N A N C I A L S

M A R K E T F U N D A M E N T A L S

F A Q S

I N T H I S R E P O R T

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12-14

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T H E O P P O R T U N I T Y

F A L K N E R P L A C E I N S T A N T E Q U I T Y

E A R L Y I N V E S T O R D I S C O U N T

Off plan apartments in Falkner Place at the Georgian Quarter are priced competitively when compared to the local market’s current stock and new-build pipeline.

A recent valuation supplied by an independent surveyor has indicated a 20% discount on the price of the apartments in Falkner Place. This is a projection based on the anticipated future value of the apartments upon completion.

The opportunity is designed for UK and overseas investors to allow for strong returns, whilst maintaining full control over capital. Investors are able to sell the property at any time after Exchange of Contracts to a buoyant property market.

Property prices in Liverpool city centre have increased by 41% over the last 3 years (Which? Mortgage Advisers)

8 % N E T A N N U A L R E T U R N S A S S U R E D F O R 3 Y E A R S

Falkner Place is located in one of Liverpool’s most affluent neighbourhoods. The development comprises 109 residential apartments consisting of 21 studios, 64 x 1 beds, 12 x 1 bed duplexes and 12 x 2 bed duplexes.

Investors will secure a long lease on a high specification new-build apartment which will provide an assured income of 8% NET per annum for 3 years.

Investors will receive a 7% NET income per annum for 3 years on the 1 bed duplexes and 2 bed duplexes.

Designed to complement the surrounding area, the Georgian inspired development will be spread over 5 floors and will be finished to a high standard. To suit the needs to today’s high end rental market, the building will be further enhanced with on-site facilities such as a concierge and a modern gym.

Apartments in Falkner Place will appeal to the city’s young professional population and those who wish to live in one of Liverpool’s most sought after neighbourhoods.

Fully managed and hassle-free, investors will receive a 8% NET return per annum which will be assured for the first 3 years of the investment.

“ I n v e s t o r s w i l l s e c u r e a l o n g l e a s e o n a h i g h s p e c i f i c a t i o n n e w -b u i l d a p a r t m e n t w h i c h w i l l p r o v i d e a n a s s u r e d i n c o m e o f 8 % N E T p e r a n n u m f o r 3 y e a r s . ”

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Two major airports within

a 45 min drive connects

Liverpool with the rest of the

world.

Liverpool is only two hours by train to London

and has direct rail links connecting it to

major economic hubs such as Manchester,

Birmingham, Leeds, Sheffield and Nottingham.

£300 million investment in the Liverpool2

Deepwater Terminal project will allow the

terminal to accommodate 95% of the

world’s largest ships.

N O R T H E R NP O W E R H O U S E

Leeds

London

LiverpoolManchester

THE LIVERPOOL REGION HAS A POPULATION OF 1.5 MILLION PEOPLE

WHICH DRIVES A £20 BILLION ECONOMY IN THE CITY REGION

Liverpool is the latest city to join the government’s

Northern Powerhouse initiative. The city is the

fifth region to sign up to the deal which will help

position the area as a ‘gateway to the north’.

The Northern Powerhouse scheme will help strengthen Liverpool’s place within the global community and will enhance the region’s connectivity with key cities in the north.

Liverpool is home to international business including the Bank of New York, Jaguar Land Rover, Maersk, Novartis and Sony.

LIVERPOOL SAW A RECORD NUMBER OF NEW START-UPS IN 2015 WITH 4,473 NEW BUSINESSES CREATED

(LIVERPOOL VISION)

33% INCREASE IN OFFICE TAKE-UP IN THE PROFESSIONAL SERVICES

SECTOR IN 2015 (LIVERPOOL VISION)

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Georgian Quarter

Liverpool Lime Street

Liverpool Central

Moorfileds

Liverpool

One

University of

Liverpool

The Royal Liverpool

University Hospital

Liverpool John Moores University

Liverpool Women’s

Hospital

Royal Albert Dock

FALKNER

PLACE

P R I M E L O C A T I O N

Upper Parliament St

Upper Duke St

A5038

Sandon St

Upper Parliament St

Chaloner St

Stand St

New Quay

Hunter St

Chapel St

Water St

Hanover St

London Rd

Edge Ln

KensingtonA580

Grov

e St

A508

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B5178

Copperas Hill

Falkner Place is nestled nicely in Liverpool’s prestigious Georgian Quarter. The area is prefect for residents who enjoy living in the quieter part of the city’s centre.

The city centre suburb is an incredibly stylish part of Liverpool and it is home to one of the UK’s largest collections of terraced Georgian townhouses and Grade II listed buildings outside of London.

The development itself is set against a leafy backdrop and it is surrounded by streets lined with stunning period properties which have been renovated back to their former glory.

The Georgian Quarter has a wealth of history and has housed famous residents over the years.

The area is popular choice for those looking at the higher end of the rental market. Families, doctors and professionals are particularly attracted to this peaceful part of Liverpool’s city centre.

Falkner Place at the Georgian Quarter is just a short walk from Liverpool’s city centre and its main attractions, hospitals and universities.

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C I T Y C E N T R E L I V I N G W I T H O U T T H E H U S T L E A N D B U S T L E

CITY CENTRE

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“ A p a r t m e n t s w i t h i n t h e d e v e l o p m e n t w i l l b e f i n i s h e d t o a n e x c e p t i o n a l s t a n d a r d . T h e m o d e r n f i n i s h o f t h e a p a r t m e n t s w i l l a p p e a l t o L i v e r p o o l ’ s r e n t a l m a r k e t a n d w i l l m e e t t h e h i g h s t a n d a r d o f l i v i n g e x p e c t e d f r o m p r o p e r t i e s i n t h e a r e a . ”

Images are for illustration purposes only.

S P E C I F I C A T I O N

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F U R N I T U R E P A C K

Studio furniture pack = £3,000 Supplied:• Fitted kitchen with integrated electric oven and hob, fridge/ freezer, stainless steel sink and drainer• Bathroom suite Additional Furniture Pack:• 1 Double bed and mattress• Upholstered Armchair• Coffee Table• Optional: Floor Rug, Floor Lamp, Bookcase• Integrated washing machine and microwave 1 bed apartment = £4,000 Supplied:• Fitted kitchen with integrated electric oven and hob, fridge/ freezer, stainless steel sink and drainer• Integrated dishwasher, washing machine and microwave• Bathroom suite• Built in wardrobe Additional Furniture Pack:• 1 Double Bed and mattress• Upholstered two seater sofa (2no. sofa’s for 1 bed duplex’s)• Coffee table• Dining table and two chairs• Two bedside tables• Optional: Floor Rugs, Table/Floor Lamps, Bookcase

2 bed apartment = £5,000 Supplied:• Fitted kitchen with integrated electric oven and hob, fridge/ freezer, stainless steel sink and drainer• Integrated dishwasher, washing machine and microwave• Bathroom suite• Built in wardrobes Additional Furniture Pack:• 2no. Double Bed and mattress• 1 upholstered three seater sofa and 1 upholstered two seater sofa• Coffee table• Dining table and two chairs• Two bedside tables per bedroom• Optional: Floor Rugs, Table/Floor Lamps, Bookcase

12Images are for illustration purposes only.

F A C I L I T I E S “ D e s i g n e d w i t h L i v e r p o o l ’ s v i b r a n t r e n t a l m a r k e t i n m i n d , F a l k n e r P l a c e w i l l f e a t u r e a s e l e c t i o n o f h i g h l y d e s i r a b l e o n - s i t e f a c i l i t i e s . ”

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I N V E S T M E N T O P T I O N S

“ O v e r v i e w i m a g e s p r o v i d e a g u i d e o f t h e a v e r a g e f l o o r p l a n o f a s t u d i o a n d a 1 b e d r o o m a p a r t m e n t . ”

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Example financial projection for a standard studio apartment.

Example financial projection for a standard 1 bedroom apartment.

5 year investment scenario

Purchase price £89,950.00

Estimated completion value £110,000.00

8% NET annual income £35,982.00

NET rental income over 5 years £35,980.00

Projected capital appreciation in year 5 £38,734.44

Total income over 5 years £74,714.44

ROI % over 5 Years 83.06%

Annualised NET ROI 16.61%

Projected capital growth over 5 year period

Year 1 £110,000

Year 2 £114,400

Year 3 £118,976

Year 4 £123,735.04

Year 5 £128,684.44











Year 1 £149,000.00

Year 2 £154,960.00

Year 3 £161,158.40

Year 4 £167,604.74

Year 5 £174,308.93

1 B E D A P A R T M E N T S F R O M £ 1 2 4 , 9 5 0

S T U D I O A P A R T M E N T S F R O M £ 8 9 , 9 5 0


All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 8% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent

RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 8% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

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All figures are based on forecasts provided by the Developer and are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract. Estimated value on completion as per the independent RICS report provided by Beesleys Chartered Surveyors. Rental income is contractually assured at 7% NET for the first 3 years. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

Example financial projection for a standard 2 bed duplex apartment.











Year 1 £220,000.00

Year 2 £228,800.00

Year 3 £237,952.00

Year 4 £247,470.08

Year 5 £257,368.88

2 B E D D U P L E X A P A R T M E N T S F R O M £ 1 6 9 , 9 5 0

“ O v e r v i e w i m a g e s p r o v i d e a g u i d e o f t h e a v e r a g e f l o o r p l a n o f a 2 b e d r o o m d u p l e x a p a r t m e n t . ”

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E A S E O F P U R C H A S E

P A Y M E N T P L A NStudio, 1 bedroom, 1 bedroom duplex and 2 bedroom duplex apartments within Falkner Place will be sold on a leasehold basis for a period of 250 years.

A team of commercial solicitors, experienced in the UK buy-to-let market, have been appointed to act on the behalf of investors.

A D D I T I O N A L P U R C H A S E F E E S *

• Legal fees are approximately £860- £1,100 fully inclusive of VAT, searches and disbursement costs.

S T A M P D U T Y

• Current UK stamp duty is levied at 3% on buy-to-let property values up to £125,000• 5% between £125,000 and £250,000 • 8% between £250,001 and £925,000

A D D I T I O N A L F U R N I T U R E P A C K

• Furniture pack for a studio apartment = £3,000• Furniture pack for a 1 bed apartment = £4,000• Furniture pack for a 2 bed apartment = £5,000

*Estimated fees.

“ W e h a v e u n d e r t a k e n c o m p u l s o r y d u e d i l i g e n c e o n T h e G e o r g i a n Q u a r t e r , t o v e r i f y t h e b u y i n g p r o c e d u r e a n d t o s a t i s f y o f t h e p r o j e c t a r e i n a l e g i t i m a t e p o s i t i o n t o p r o m o t e a n d s e l l t h e i n v e s t m e n t . ”

1

2

3

4

Pay

£5,000to reserve

a property

Pay

50% less the Reservation Fee

on Exchange of Contracts

(28 days after

Reservation)

Pay

25% in 1st March

Pay

25% upon Completion

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L I V E R P O O L P R O P E R T Y M A R K E T H I G H L I G H T S

urbanbubble is a multi-award winning residential sales, lettings and property managing agent which offers unrivalled service to its customers.

With over ten years of experience, the urbanbubble team is the master management company appointed by the Developer.

By combining the lettings and building management, the company will provide a well-communicated holistic service to take care of all aspects of the investment.

The interest of the management company are fully aligned with the investors, with high occupancy and positive rental growth key.

M A N A G E M E N T C O M P A N Y

F U L L Y M A N A G E D I N V E S T M E N T

PROPERTY PRICES INLIVERPOOL CITY CENTREHAVE CLIMBED BY 41%OVER THE PAST 3 YEARS

(WHICH? MORTGAGE ADVISERS)

NAMED AS A TOP 10BUY-TO-LET LOCATION BY

HSBC IN 2015

LIVERPOOL CITY CENTREREMAINS ONE OF THE

UK’S MOST AFFORDABLEMAJOR CITIES FOR

PROPERTY INVESTORS

LIVERPOOL IS HOME TO THE UNIVERSITY OF LIVERPOOL, LIVERPOOL

JOHN MOORES UNIVERSITY, LIVERPOOL HOPE UNIVERSITY, LIVERPOOL INSTITUTION OF

PERFORMING ART (LIPA)

LIVERPOOL RANKED NO.3 FOR GROSS RENTAL

RETURNS(ZOOPLA)

LIVERPOOL’S PRIVATE RENTAL SECTOR HAS GROWN FASTER

THAN THE ENGLAND AND WALES AVERAGE (LIVERPOOL CITY

COUNCIL)

AFFORDABLE PROPERTY

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TOP

LOCATION

HOME TO

5 MAJOR

UNIVERSITIES

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“The Company is very professional, the team is very knowledgeable, and help diligently all the way through. The chosen properties in Liverpool and Luton are very attractive locations, with close proximity to university and hospitals. I shall consider to make further investments with the company. Also refer highly to family and friends,”

Abishek Gupta, UK.

“My consultant was both helpful and willing to explain the process as well as consult if the topic was beyond their brief,”

John Horn, UK.

F A Q S T E S T I M O N I A L SIs there a rental assurance in place?Yes. 8% NET return per annum is assured for the first 3 years on the studio and 1 bed apartments.

7% NET return per annum is assured for the first 3 years on the 1 bed duplexes and 2 bed duplexes.

Is there a benefit for buying into the project in the early off plan stages?

Early investors will have the choice of the best units within the project and will be able to purchase an apartment below the projected market value upon completion.

What is the length of the leasehold?

Each apartment is sold on a 250-year leasehold.

Can I sell my unit/s at any time?

Investors are permitted to sell at any time after Exchange of Contracts.

Is there an exit strategy?

The development’s excellent location in Liverpool’s sought after Georgian Quarter will make apartments an

attractive property investment on the open market.

Is the sale handled by UK lawyers?

Yes. A team of commercial solicitors, experienced in UK property investment, have been appointed to act on the behalf of investors.

As a non-resident in the UK am I taxed on this income?

If you are a UK resident then yes, you will be subject to tax. If you are a ‘non-resident’ in the UK then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption.

Please note we cannot guarantee that an application to receive rent with no tax deductions will be accepted.

When will the development complete?

Construction of the build will commence in June 2016. The target completion date has been scheduled for September 2017 with a long stop date of September 2018.

Is there furniture included in the price of the apartment?

Investors can purchase a furniture pack for their apartment/s however, these apartments can be let on the market as unfurnished. A furniture pack for a studio apartment will cost £3,000, £4,000 for a 1 bed apartment and £5,000 for a 2 bed duplex.

When will the development be occupied and when will I receive my income?

The apartments will be let out by the date of completion and the assured yield will be paid from this date, quarterly in arrears.

What happens at the end of the 3 year rental assurance period?

At the end of year 3, investors will have the option to continue managing the unit through urbanbubble. Investors will be responsible for the payments of the ground rent and service charge. After the assured period, investors can manage the unit themselves or appoint another management company.

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DisclaimerThis document is intended to provide general information concerning the proposed development, construction and management of Falkner Street Ltd, Seymour Chambers, 92 London Road, Liverpool, England, UK, L3 5NW. The information provided has been prepared in good faith and to give a fair overall view of the Development. The photographs and electronically generated images, furnishings and accessories featured are for illustrative purposes only. This document and all information provided by us at our web site at ww.experienceinvest.com or otherwise is based upon information provided Elliot Group (the Vendor) to ExperienceBG Limited t/a Experience Invest (‘Experience’, ‘we’, ‘us’, ‘our’) and is provided on a confidential basis. This document is for the sole use of potential business partners and/or prospective purchasers. Reasonable care has been taken by us in the preparation of this document but we do not accept any responsibility or liability for the information which has been provided by the Developer. We further do not accept responsibility or liability of views or opinions herein provided or provided by us or on our behalf (whether orally or in writing) unless we have expressly confirmed such information and/or views and/or opinions in writing as being such that it should and can be relied upon. The information provided should not be taken as advice in relation to the Development. We do not warrant the accuracy or completeness of the information and/or measurements and/or financial returns provided in this document. These have been provided by the Vendor and we believe them to be correct. You acknowledge that you should and will make your own enquiries before proceeding to purchase. Nothing in this document is or should be relied upon as a representation, warranty or promise as to the past, present or future performance of Experience, the Vendor or any person directly or indirectly connected with and of them. We recommend that all appropriate commercial, tax and legal enquiries and advice is obtained before entering into a legally binding contract to purchase a property forming a part of the Development. Copyright in and to this document and its contents belong to ExperienceBG Limited.

falkner place€¦ · liverpool’s property market. “liverpool city centre remains one of the...

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