THE METALWORKS AT PUMPFIELDS, LIVERPOOL The right space, the right - - PowerPoint PPT Presentation
THE METALWORKS AT PUMPFIELDS, LIVERPOOL The right space, the right style and in the perfect location THE METALWORKS RESHAPING URBAN LIVING The Metalworks is a residential development that provides all lifes essentials in one effjcient,
AT PUMPFIELDS, LIVERPOOL
The right space, the right style and in the perfect location
The Metalworks is a residential development that provides all life’s essentials in one effjcient, elegant and beautifully-designed building. The right space, the right style and in the perfect location.
THE METALWORKS, LIVERPOOL
Metalworks is a world-class residential development offering elegant, effjcient homes in a sought-after area of Liverpool, one of the UK’s most dynamic cities. The two blocks have been designed by the well-known Space+ Architects. The residence has been shaped to meet the needs of contemporary city dwellers, from its spacious kitchen and dining areas to its superb city views. Metalworks is located on the edge of the thriving commercial district, at the heart of the ambitious Ten Streets regeneration area. It is well placed to enjoy the best of local amenities, with the closest supermarket just a two-minute walk away. City of Liverpool College and John Moores University are both within half a mile of Metalworks, while the city’s Business District is just minutes away. The nightlife, Central Library and the Cavern Quarter can all also be reached within 15 minutes’ walk ensuring that a diverse range of residents’ needs are met. For those who enjoy retail therapy, Liverpool ONE is just 1.1 miles away. Transport connections are also excellent, with both Lime Street Station and Central Station less than a mile from Metalworks.
Ideal location for professionals and families Contemporary specifjcation - white goods included Benefjt from exceptional rental demand Provides easy access to Moorfjelds train station Perfectly positioned for the best of city centre living 1/2-bed apartments, with parking available Stunning contemporary building Leasehold 250 years Up to 65% LTV* available
ALBERT DOCK LIVERPOOL ONE JAMES ST
TRAIN STATIONMOORFIELDS
TRAIN STATIONLIME STREET
TRAIN STATIONCENTRAL
TRAIN STATIONJOHN MOORES
UNIVERSITYUNIVERSITY OF LIVERPOOL ROYAL LIVERPOOL UNI- VERSITY HOSPITAL
BUSINESS DISTRICT
On the edge of Liverpool’s vibrant commercial district and at the gateway to the city’s most exciting regeneration zone.
JAMES PARSON BUILDING
LIVERPOOL JOHN MOORESTITHEBARN BUILDING,
LIVERPOOL JOHN MOORES Location Walking Distance Driving Distance Total Miles Location Walking Distance Driving Distance Total Miles
Goodness Grill Resturant 1 min 0.5 min 0.2 miles Vauxhall Health Centre 12 mins 5 mins 0.6 miles Tesco Express 2 mins 1 min 0.3 miles Pret A Manager 12 mins 5 mins 0.7 miles The City of Liverpool College 2 mins 1 min 0.1 miles Bars, Nightlife & Resturants 12 mins 6 mins 0.8 miles John Moores University 7 mins 4 mins 0.5 miles Central Library 12 mins 6 mins 0.8 miles Liverpool Business District 10 mins 4 min 0.7 miles Cavern Quarter 13 mins 7 mins 0.7 miles Sainsburys Local 11 mins 5 mins 0.6 miles Lime Street Train Station 16 mins 6 mins 0.8 miles
BELFAST DUBLIN46mins 53mins
EDINBURGH GLASGOW ABERDEEN BRISTOL MANCHESTER EXETER CARDIFF CAMBRIDGE LONDON DOVER CARLISLE LEEDSLIVERPOOL
1h 30mins
52mins
2h 10mins
BIRMINGHAM45mins
University
Liverpool John Moores University The Royal Liverpool University Hospital Royal Liver Building Princess Dock Central Library Tate Liverpool Albert Dock
Liverpool
Liverpool Central Station James Street Station
Liverpool Waterfront Museum
Lime Street Station
A5053 A5058 St Anne St Prescot St A5038 A 5 3 9 Duke St A5059 Hunter St A59
A5038 Russell St G r
e S t Upper Duke St Hanover St Copperas Hill Chapel St Water St Queensway Tunnel
New Islington B r u n s w i c k R d L
H i l l A 5 5 2 New Quay Strand St
Naylor St Freemasons Row
THE METALWORKS
60 Vauxhall Road, Liverpool L3 6DL
BARCELONA, 2hr 14mins MADRID, 2hr 35mins PARIS, 1hr 30mins AMSTERDAM, 1hr 36mins
Stanley Dock Tobacco Warehouse New Titanic Hotel Northern Docks
2036 – 2041
New Everton Stadium Clarence Dock
2031 – 2036
Infinity Ovatus 2 Ovatus 1 The Hive The Lexington Central Docks
2021 – 2036
International Cruiseliner Terminal Waterloo Warehouse Princes Dock Metalworks
Peel’s £5.5bn regeneration scheme on the 60 hectare historic dockland site to create a world- class, high-quality, mixed use waterfront quarter in central Liverpool.
Liverpool2 is a £400m investment to create a new deep-water container terminal at the Port of Liverpool enabling the largest vessels to call directly in the heart
A vibrant creative quarter located within the Liverpool City Enterprise Zone that will drive future prosperity and enhance the city’s status as an international destination with a unique offer and character..
The Merseyside club have reached an agreement with Peel Holdings to build on the Bramley Moore Dock site. Everton’s £300m new stadium may be used as part
Games.
Liverpool is one of the UK’s top buy to let hotspot with a typical rental yields of 6-8% NET As housing and mortgage costs have the biggest infmuence on yields in the current market, the city takes the top spot as it has a combination of low average house prices at £122,283 and strong rentals.
Liverpool was 4th Most visited City in the UK (hotels.com 2016) and has the largest collection of Grade II-listed buildings
buildings and 250 public monuments. Echo Arena - Liverpool’s premier entertainment venue which hosts world class events throughout the year. Since
have visited the Echo Arena. The Albert Dock have been redesigned as a leisure hot spot and are the most popular tourist attraction in Liverpool, as well as the most visited multi-use attraction in the UK
Liverpool was awarded European Capital of Culture 2008 and subsequently designated a UNESCO World City of Music. Liverpool ONE is the largest open-air shopping centre and the 4th largest in the UK, which has enjoyed around £920m of investment. Home to the internationally renowned Grand National horse race, two of England’s most successful football teams and is the only region in the UK to boast two Open Championship golf courses.
Overseas Domestic £976m £1,232m £9,482m £12,138m +28% +26.2% 2013 2017 Overall tourist spending: 2013-17
Overseas tourist expenditure is predicted to grow by 26.2% to £1.2bn, representing 4.55%
Investment in regenerating the North West is likely to see the region rise in the domestic tourist market with spending
increasing by 28.4% to just under £7.5bn by 2017.
Overseas expenditure excludes airline costs. Domestic expenditure includes both overnight stays and day trips.
The city’s economic prowess has been built on the strength
Liverpool John Lennon Airport is an excellent facility on the doorstep, Manchester Airport (the third busiest in the UK) is only 45 minutes away. This provides access to wider global destinations including newly established routes to Hong Kong and China
Gross Value Added (GVA) is a mearsure of the value of goods and services produced in an area, industry or sector
SuperPort Action Plan 2011-2020 to add £18.3 billion
Economic growth stood at 3.1% for the year
£18.3 bn
3.1%
by 2030 for the year Liverpool job vacancies surged 34.8% in Q1 2016 – the strongest year-on-year job growth in the UK
Annual employment growth Liverpool’s business growth
£29.5 billion
Value of economy
235,700 Employees
The Liverpool City Region economy is leading the Northern Powerhouse area in terms of both GVA growth per capita and overall GVA growth. Liverpool’s largely service-based economy was worth £29.5 billion in 2015.
Investment Case
Fast Facts
fifth largest metropolitan area in the UK 22-29 year olds in Liverpool city centre increased fourfold in the decade to 2011 Liverpool’s population grew from 435,500 in 2001 to 466,400 in 2011 Liverpool SME’s surged by 6.7% to 30,645 in the 12 months to mid-2015 (North West average rise was 4.3%)
£3.8 billion, encompassing 54 million annual visitors and supporting 49,000 jobs Liverpool’s economy is dominated by service industries, with public sector employment accounting for 23.8% and private sector for 76.2%
Rate at which fast- growing businesses grew, 2009-2015 (highest in UK)
£900 million
£900 million available to metro mayor over next 30 years
56%
Gross Value Added (GVA) is a measure of the value of goods and services produced in an area, industry or sector.
34.8%
Q1 2016 Liverpool has a thriving, service- based economy, led by professional, scientific and technical services
which account for 14.9%
77.1% of Liverpool businesses have
0-9 employees, 17.7% have 10-49 employees, 4.4% have 50-249 and 0.8% have 250+
Business density in Liverpool rose by
22.8% from 2004-2014
The Liverpool LEP is second in England for its
foreign direct investment strategy according to fDi Magazine
Liverpool is joint second
in the ranking of the top ten mid-sized European cities of the future 2016/17
236,000 235,000 234,000 233,000 232,000 231,000 230,000 229,000 228,000 227,000 226,000 225,000 2014 2013 2012 2011 2010 2012 2013 2014 13,000 14,500 13,120 13,345 13,390 14,215
Former International Festival Gardens undergoing extensive redevelopment until 2020 British Music Experience Museum to undergo partial conversion of ground floor in 2017 £15 billion plan in place to enhance road and rail connections in the Liverpool region £900 million available to metro mayor for transport, health, social care, education, planning and housing over next 30 years £6 billion of investment in the North’s roads, to reduce congestion and enhance connectivity Ropewalks, Pumpfields, Chinatown and Baltic Triangle areas undergoing significant regeneration
Liverpool’s population is projected to grow from 473,100 in 2014 to 527,300 in 2039.
SuperPort Action Plan 2011-2020 covers £1.8 billion of new infrastructure developments 2018 Great Exhibition of the North to celebrate creativity, culture and design
Growth
resurgence of city living saw it increase from 435,500 in 2001 to 466,400 in 2011
for the city
started in Merseyside in 2014/15, down 27.7% from the year before
in the UK at 55%
2011
In January 2017, Prime Minister Theresa May announced a newly-allocated cash injection of £556m for the Northern Powerhouse. It followed the 2014 announcement from UK Chancellor
infrastructure of the North of England. Liverpool is central to the success of the Northern Powerhouse initiative, which also includes Manchester, Leeds, Sheffield and Newcastle.
Projected population growth
550 525 500 475 450 2018 2016 2024 2034 2014 2015 2019 2017 2029 2039473,100
527,300
Liverpool is one of the UK’s top buy to let hotspot with a typical rental yields of 6-8% NET As housing and mortgage costs have the biggest influence on yields in the current market, the city takes the top spot as it has a combination of low average house prices at £122,283 and strong rentals.
Hometrack’s UK Cities House Price Index listed Liverpool as the ninth fastest growing city for house price growth in the UK in 2016 Apartment values have increased by 21.88%
Liverpool apartments were commanding significantly higher rents than houses as at March 2017 Liverpool is the UK’s top city for rental yield in buy- to-let property
Investment case Sales market
Property values in Liverpool have risen by 18.89% over the past five years
Rents in the North West rose by 4.4% over the course of 2016
The North West region saw the second largest increase in rents in the UK during 2016
£1,046pcm
Current asking rents in Liverpool stood at £1,046 pcm in March 2017
7.0%
Liverpool achieved year on year house price growth of 7.0% during 2016, with growth of 3.0% in Q4 alone
“Compared to 10 years ago 23.1% of renting households are couples, up from 13.9%, as occupants prefer to rent rather than the outright purchasing of a property with 44% of private tenants not expecting to buy in the long term.” Your MoveMagazine
Liverpool rents rose by 11% between 2014 and 2015
Annual house price growth stood at 7.1% in January 2017, the sixth highest rate in the UK
Average rental values in Liverpool Regional house price growth
Bristol Manchester Oxford Portsmouth Southampton Birmingham London Cardiff Liverpool Nottingham Bournemouth Glasgow Leeds Sheffield Leicester Edinburgh Newcastle Cambridge Blefast Aberdeen 10.0% 7.5% 5.0% 2.5% 0%
% Year on Year % Year on Year current
1 Bedroom 2 Bedroom 3 Bedroom 4 bedroom £2000 £1750 £1500 £1250 £1000 £750 £500 £250 £0 £ Price per calendar month £377 £627 £743 £1327 £465 £649 £1165 £1982
Designed for modern urban living – elegant, effjcient and stylish. A mix of beautifully designed one bed and two bed apartments along with two bed duplex apartments in two striking buildings on the edge of Liverpool’s vibrant commercial district and at the gateway to the city’s most exciting regeneration zone.
Liverpool’s property prices have risen by 22.7%
the past fjve years, with apartments going up even more – by 25.2%. Liverpool was the ninth fastest growing city for house prices in the UK in 2016, with year on year growth of 7.0%. A recent population boom, paired with an undersupply of housing, make for an exciting investment case. The city’s population rose from 435,500 in 2001 to 466,400 in 2011. Meanwhile, Liverpool has been building homes at an average rate of 713 per year between April 2009 and March 2016. The Home Builders Federation estimates that the city needs 3,000 homes per year to keep up with demand. Metalworks will bring 323 high quality homes to the edge of Liverpool city centre, providing contemporary city living for young professionals and families. Located on the edge of Liverpool’s commercial district and the huge Ten Streets regeneration project, Metalworks provides easy access to the best of the city’s business, retail and leisure amenities. It is also just a short walk from Liverpool’s UNESCO World Heritage waterfront – the famous Albert Dock is just 1.2 miles away, while Liverpool One is just 1.1 miles from Metalworks. The building comes with on-site parking and each home includes white goods, with low energy/ LED lighting where possible. Kitchen and bathroom areas are generously proportioned and effjciently designed, while living areas and bedrooms feature fmoor to ceiling windows for plenty of natural light and impressive city views.
Effjciently-designed kitchen and bathroom. Living area & bedroom with feature fully glazed exterior elevation and commanding views
1 BEDROOM | 32 m2, 344 ft2
*Capital growth forecast is based on a conservative rate of 4.54% per annum
The Metalworks, Liverpool
Kitchen area Bathroom Bedroom Living area
Detailed financials Purchase Price £103,200 Reservation Fee £5,000 Exchange - 35% (Less reservation fee) £31,120 Balance on completion 65% £67,080 Net Cash Return £6,874 Net Yield 7.00% 5 Year Investment Scenario Expected Value on Completion £110,000 2 Year Assured Income £13,748 Estimated net Income year 3 - 5 £22,260 Capital Appreciation Projection (5 years) £25,484 Total Income over 5 years £61,492 ROI % over 5 years 59.58% Annualised ROI 11.91&
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 as a contract. Estimated value on completion as per local market forecasts. Rental income is estimated based on the local market
(Zoopla annual average currently 7% p.a.).
7% Assured Yield | 2 Years
2 BEDROOM | 64 m2, 689 ft2 The new 2 bed apartment design offers a generous, spacious design that will appeal to various demographics including small families and groups of coupled tenants. Each room offers fmoor-to-ceiling glazing, with each equally sized sleeping quarter located either side of a large central living space. Each bedroom has a walk in wardrobes and en-suite bathroom. The central living area allows for a large lounge/dining area with extra storage space and the kitchen being located towards the back of the living space.
The Metalworks, Liverpool
Detailed financials Purchase Price £179,140 Reservation Fee £5,000 Exchange - 35% (Less reservation fee) £57,699 Balance on completion 65% £116,441 Net Cash Return £12,189 Net Yield 7.00% 5 Year Investment Scenario Expected Value on Completion £190,000 2 Year Assured Income £24,379 Estimated net Income year 3 - 5 £37,662 Capital Appreciation Projection (5 years) £43,583 Total Income over 5 years £105,624 ROI % over 5 years 58.96% Annualised ROI 11.79&
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 as a contract. Estimated value on completion as per local market forecasts. Rental income is estimated based on the local market
(Zoopla annual average currently 7% p.a.).
7% Assured Yield | 2 Years
Bathroom Bedroom Kitchen area Living area
*Capital growth forecast is based on a conservative rate of 4.54% per annum
Bathroom Bedroom
2 BED DUPLEX | 66 m2, 710 ft2
2 BEDROOM ACCESSIBLE | 61 m2, 657 ft2
Final Specification subject to change.
ENVELOPE ENERGY PERFORMANCE: Air Permeability:
supported by SBEM
GROUND FLOORS: 0.2W/M2K
strips and edge capping's to be stainless steel. SEPARATING FLOORS:
floor
CEILINGS:
construction build-up finished with plasterboard fixed to MF system (resilient bar/ acoustic hangers), skimmed and painted white.
resistant plasterboard, skimmed, painted white. EXTERNAL WALLS: 0.2W/M2K
with cement particle board to external face and 2 layers of plasterboard to finished face, MR board to outermost layer in kitchens and WC’s.
colour t.b.c.
determined by M&E Consultant. Toughened/ Laminated to British Standards in appropriate locations.
INTERNAL STUD WALLS:
plasterboard to each side with skim finish, insulated internally. Constructed to provide acoustic and fire separation levels in accordance with statutory requirements.
Resistant) to outermost layer.
INTERNAL DOORS, ARCHITRAVES AND SKIRTINGS:
Fire resistance and smoke seals in accordance with the overall Fire Strategy.
IRONMONGERY:
the exception of fire doors within apartments.
Single Swing Doors.
bearing hinges, satin stainless steel, Grade 13 to BS EN 1935:2002. All hinges intended for use on fire resistant door sets to be in accordance with BS EN 1935:2002 Annex B. All hinges intended for use on burglar resistant/security door sets to be in accordance with BS EN 1935:2002 Annex C. HEATING AND VENTILATION SYSTEM:
natural ventilation.
LIGHTING:
POWER AND DATA:
codes of practice
by tenant) FIRE DETECTION:
agreed with appointed sub-contractor.
SECURITY:
common areas and linked to reception desk.
entrance and car park access doors to reception by means of fob.
fob.
monitored by CCTV KITCHEN:
dishwasher
BEDROOM:
BATHROOM:
enquiries@acentusrealestate.com
We make no representation or warranty of any kind with regard to the information contained in this brochure and none of the information shall be treated as financial advice. The information is not an invitation to invest and you must rely entirely on your
statement of facts.