WELCOME TO ROPEMAKER PLACE
This striking new build development occupies one of the best investment locations in Liverpool, standing at the cross roads of the city centre and the University Knowledge Quarter. Situated moments from Lime Street Station station and the £35 milllion regeneration of Lime Street itself, this already vibrant area is set to flourish.
Ropemaker Place is comprised of 74 generously proportioned one and two bedroom apartments. The one bedroom units are of a fully residential size and design, thus making them perfect for young professionals and couples. The two bedroom apartments all feature two bathrooms and equal sized double bedrooms, enabling tenants to easily split the rent. As with all of our developments, we are creating homes that residents will love, to a standard built for longevity.
Though designed for the young professional rental market, this location enjoys strong demand from students and tourists making Ropemaker Place an exceptional investment opportunity. The regeneration of the immediate area will only serve to add value resulting in future capital appreciation for buyers.
89-97 Renshaw Street, Liverpool L1
Ropemaker Place is situated at the cross roads of the city centre, University Knowledge Quarter and Liverpool’s main transport links .
Upon arriving in Liverpool at Lime Street Station, an immediate left will take you along Lime Street itself – a street currently being returned to its former prominence with a £35 million regeneration. A two minute walk towards the handsome St Luke’s Church will take you to the site of Ropemaker Place.
The property is adjacent to the campuses of University of Liverpool and Liverpool John Moores – an area known as the Knowledge Quarter which is currently undergoing a £2billion expansion. Directly opposite the development is Bold Street, famous for its many independent restaurants and shops – this short street will lead you to the heart of Liverpool city centre.
Investors couldn’t ask for more in terms of location given the access to the city centre, transport links, universities, restaurants and shops. This location offers access to a highly liquid rental pool of young professionals, students, and tourists. This high demand environment is reflected in the high rental yield and will result in rental appreciation.
INVESTING IN LIVERPOOL
7% year-on-year price rise | Prices 9.1% below peak | 6% net guaranteed yield*
Property investors are increasingly shifting their focus from London to the UK’s key regional cities. Those seeking passive income generation are drawn by the high rental yields and large scale regeneration projects that are reinvigorating the local economies and property markets.
We believe Liverpool is set to take centre stage in 2017 as news of the more than £10 billion of city wide regeneration spreads. The lead story being Liverpool Waters, the £5.5 billion redevelopment of 60 hectares of the historic Princes Dock. This is one of the largest development projects in the UK and yet many investors are unaware of it.
The latest Hometrack UK Cities Report reveals Liverpool was the top performing UK city of Q4 2016 – with property prices rising 3% in the three months to December. Year on year prices are up 7%. Whilst prices in cities such as Birmingham and Manchester are 6.1% and 5.7% above their 2008 peak, Liverpool is still 9.1% below peak – indicating strong potential for near term price increases.
LUXURIOUS RESIDENTIAL APARTMENTS
The apartments at Ropemaker Place have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility.
The one bedroom apartments are generously sized and well appointed. Single person occupancy is the fastest growing property tenure in the UK and these luxury properties will stand out in the local market.
The two bedroom apartments all feature equal sized double bedrooms and two bathrooms – ideal for tenants that wish to split the rent. The units at Ropemaker Place enjoy fantastic views of the beautiful Church of St Luke and the city skyline.
Legacie build to a high standard of internal finish with the aim of creating comfortable, luxurious, and long lasting homes.
1. ReserveSelect the apartment you wish to purchase. Complete a reservation form online. Place your £2,500 deposit to secure your unit. You will receive a confirmation receipt immediately and your apartment will be removed from sale.
2. ExchangeWe have recommended legal partners that will oversee your 28 day exchange. Upon reservation your purchase information is forwarded to the solicitor who will open your file. Your contract will be sent to you for review. Any queries will be answered and you will then exchange by signing your contract and placing your exchange deposit.
3. CONSTRUCTION UPDATESWe offer an unrivalled construction update service to keep our investors fully informed during the construction works. We provide a monthly build statement and video tour that will explain progress made to date and will detail the upcoming work on site. Every site is fitted with web cameras that buyers can log on to review.
4 . COMPLETION
We oversee the financial and practical completion of your apartment. Three months before the property is finished we will be in touch to ensure you are ready to financially complete. We assist you with your buy-to-let mortgage application as required. We arrange the installation of your furniture pack. Finally we coordinate the marketing, letting, and management of your apartment.
Legacie Developments is a Liverpool based property developer specialising in the sensitive regeneration of city centre sites.
We work with award winning architects to create elegant modern apartments. Respecting the heritage of our properties and locations, we incorporate characterful features into our design wherever possible – with the goal of creating beautiful homes and a luxurious building.
We believe a commitment to superior quality is both the right and prudent approach, and to that end our apartments are designed with the resident and owner in mind. Comfortable homes result in satisfied tenants, which in turn generates a high and consistent rental income for our investor landlords.
Our properties are sold off-plan at a discount to market value, with clients purchasing directly from the developer. We provide a hands-off investor service; from initial reservation and exchange through to rental management.
The vision is to build long term relationships with investors and to deliver outstanding apartments.