Wishing Well is a 5-storey mixed use development in the town of Bootle, Liverpool. It presents a fantastic opportunity for investors to earn a high rate of rental income on Liverpool property for under £100,000 near Liverpool Waters: one of Europe's largest regeneration projects.
59 high spec 2-bedroom apartments
Tenanted and generating immediate income
Prices start from just £95,000
Secure parking available
Cash buyers only
Just minutes from the £5.5bn Liverpool Waters regeneration site
Being a 100% completed development, Wishing Well is a great choice for investors who are looking to earn an immediate rental income. With 2-bedroom unit prices starting below £100,000 and rental yields reaching as high as 8.2% per annum, this development is hard to beat.
The £5.5bn Liverpool Waters regeneration project features 2-million sq/m of development floorspace including 9,000 residential units, 315,000 sq/m of business space and 53,000 sq/m of hotel and conference facilities, making this one of Europe's largest development projects.
With a student population of around 70,000, with more and more overseas student enrolling each year, Liverpool is definitely considered one of the most loved student cities in the UK. Considered cheap for living, housing and entertainment, Liverpool delivers student nightlife in spades.
With billions of pounds worth of investment being pumped into Liverpool's economy, the affordability of housing in the city, market leading rental yields and millions of tourists travelling to the city each year, Liverpool is the UK's top property investment hotspot.
Bootle is experiencing a property boom with house prices rising faster than most places in the UK, with a value increase of 22% over the past 5-years (according to PropertyData).
The town, which gained a reputation for industrial decline and unemployment, has been placed 12th on a list of the country’s property hotspots, compiled by Halifax.This trend is expected to be carried by a further £33m of investment into the area from SAFE Regeneration - a community social enterprise and arts organisation - who have put together a masterplan of their vision to change a six-acre area on Merton Road, next to the Leeds and Liverpool Canal.
The proposed developments include 107 new homes, improved leisure facilities, a new microbrewery and a hub/business centre.