MercyHomesUK Tel: +44 7956 168 784 +44 208 963 0740 LIVERPOOL ONE PHASE 1 The final stage of the renowned Liverpool ONE project has begun, in the form of high-spec studios for the city’s ever-expanding student population. Following on from the fantastic success of This luxurious student development offers students Phase 1, Phase 2 of X1 Liverpool One is a high-spec gym, a state-of-the-art cinema room, and made up of 133 impressive studios spread communal areas in which students can relax after a over eight floors. All studio apartments, hard day of studying at university. Normally, such an including a selection of roof top penthouses enviable location comes at the cost of space, however overlooking the city’s skyline, come fully- these amenities offered prove that X1 Liverpool One furnished to the highest of standards. is fully dedicated to creating the epitome in the luxury student accommodation market. Lifts are present on situated on Seel Street, right in the heart of the every floor, as are the rubbish chutes. If it wasn’t for action, the development is in the midst of Liverpool’s its modern laundry room on the ground floor, Phase 2 thriving high streets, bars and cafes, along with being could easily be mistaken for a boutique hotel. only a short walk away fromall five of Liverpool’s prestigous universities. Built by X1 Developments, the Already in construction, Phase 2 of X1 Liverpool One developer behind the successful Liverpool student is set to officially open in September 2015, just in accommodation projects X1 Borden Court and X1 time for this year’s influx of students. X1 Liverpool Arndale House, the facilities in X1 Liverpool One are One presents itself as the ideal accommodation for second-to-none. the large proportion of Liverpool students, not being housed directly by their respective universities. PHASE 2 % 7for 3 years. Investors can choose from a range of eight different style studios with prices starting at £69,950.00, and a NET assured return of 7% for 3 years. 33 Student accommodation is regarded by professional investors as a serious and lucrative asset class Savills, 2014 Investment options for X1 Liverpool One, Phase 2: Studios £69,950 Standard studios £76,950 Stepped studios with bay £79,950 Cantilever studios £79,950 Projecting bay studios £79,950 Deluxe standard studios £79,950 Deluxe Gable end studios £79,950 Roof top penthouse studios £99,950 Investment projection standard studio: Rent £160 Gross Rent £7,680 Maintenance Fee £1,085.96 Management Fee £614.40 NET Income £5,729.64 NET Yield 7.45% PHASE 4 * All figures are based on forecasts provided by the developer, 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. Living Area Kitchen Area Bedroom Area Bathroom Entrance X1 Arndale House and X1 Borden Court in Liverpool are perfectly located close by the University of Liverpool and the great retail zone, Liverpool ONE. I can certainly foresee the long-term success of these projects. Mr A. Ho, Investor at X1 Arndale House and X1 Borden Court 5 * All plans and specifications are based on concepts provided by the developer, are indicative only and are subject to change. Liverpool ONE is the destination for shopping, entertainment, and dining, not just in Liverpool, but in the entire North West. Interwoven into the city, it seamlessly connects the contemporary commercial districts with Liverpool’s iconic waterfront. The three levels of the development feature a range of high street brands such as Apple, Swarovski, and Urban Outfitters. However, many brands are not content with regular sized stores. Liverpool ONE’s Topshop is the largest in Europe (excluding London), Zara has chosen the centre for its PHASE regional flagship, and Harvey Nichols has opened its first ‘Beauty Bazaar’ there. 6 98% of visitors say they are likely to return to Liverpool ONE Grosvenor property group, Liverpool ONE’s developer It would be an underestimation to label Liverpool and co-owner, spent an estimated £1 billion in ONE as just a shopping centre. The fourteen-screen the creation of Liverpool ONE, an investment that cinema, two hotels, and six hundred apartments prove has certainly paid off. Despite the tough economic it is far beyond your average retail destination. Even climate it has experienced since its opening in May the little things, like the pianos dotted around inciting 2008, Liverpool ONE has only grown in popularity. impromptu recitals of Beatles classics, or the works In the first half of 2010 Liverpool overtook The of art proudly exhibited, such as the Superlambanana Trafford Centre in Manchester for market share of sculptures created to celebrate Liverpool as the 2008 North West spending. By the end of 2013, as other Capital of Culture, and even the occasional celebrity cities’ popularity declined, Liverpool was almost at appearance, create an excited buzz about the place. the same level as the much larger Manchester, both The public sees it as far more than a beautiful design taking approximately 30% of the market share. for stores. Catering sales were up by 23% in 2013, and are now 12% ahead of that. Of the 98% of visitors Liverpool ONE has a unique design, far different to who say they are likely to return, 35% state it is any other development in the world. It was built to because of the events and entertainment offered. complement the city around the existing streets. The whole design is open plan, giving it a contemporary It is no surprise that such a beautiful and diverse air and allowing lots of natural light. The merge of destination has received a strong response. Liverpool interior and exterior also allows for grand outdoor areas ONE’s popularity is flourishing, with the growth for incorporated into the design. Chavasse Park, for example, footfall 5% above North West and UK benchmarks. Where is an outdoor area that can be turned into an ice rink, other high streets are seeing losses of an average 0.8%, or maybe a beach area, dependant on the season. Liverpool ONE sales have increased by a massive 6.7%. This enthusiasm is matched by the Liverpool ONE team who always work proactively to promote retailers. A recent campaign orchestrated by the team saw 22% growth for those who took part. Liverpool ONE has enjoyed massive success, undoubtedly thanks to the people behind it. Liverpool One Overview, 2014 7 THE UK’S PREMIER ASSET CLASS Compared to the UK’s residential and 592,290 young people applied for a spot at university. commercial property markets, the student As the UK’s student population continues to swell, particulary with the increase in applications from accommodation market is still relatively overseas, institutions are finding it increasingly young. However, the student housing difficult to house their respective students. market has come a long way over the past three years, acquiring an estimated The fact is that although the student property market value of approximately £2.5billion, is thriving massively, it remains a market which, to which currently makes it the UK’s most a large extent remains undersupplied. Students, specifically wealthier international students enjoying a popular and promising asset class. higher education in an English-speaking country, have driven the US and the UK market, the two most popular In 2014, LSL Property Services not only estimated destinations for international students, to grow by an that investors in student accommodation typically impressive 780% since the financial crisis in 2009. gained around 7% rental yields, but also that this number is set to grow every year by approximately The students of today want sophistication. They 1.59%. The longevity of student property has already want new exciting developments in city centres with been proven by its success during the economic various modern and luxurious features. As the student downturn, as while other sectors failed, it continued body, including both national and international to produce positive rental growth for investors. students, continues to grow and the student housing market remains permanently undersupplied, the Whilst 2012 saw a slump in UCAS applications after student housing accommodation market in Britain the introduction of annual tuition fees up to £9,000, remains very robust and exceptionally yield driven. latest UCAS figures now show an increase of 2% for the academic year 2015/16, meaning that over PHASE PHASE 8 Average occupation rates of 99% in UK student accommodation With reliable occupation rates of 99% or higher, the student accommodation market is driven on. Investors are capitalising on this demand and are consequently generating higher returns than anywhere else on the property market. LSL Property Services, 2014 9 PHASE X1 Liverpool One Phase 1 & 2, Liverpool10 ONE 11 Liverpool ONE is the destination for shopping, entertainment, and dining, not just in Liverpool, but in the entire North West. LIVERPOOL INSTITUTE OF PERFOMING ARTS The Liverpool Institute for Performing Arts (LIPSA), the UK’s first specialist creative and performing arts higher education institution, has been established by no other than Sir Paul McCartney and Mark Featherstone-Witty. After a major investment of approximately £20million for the facilities, curriculum and general support, LIPA was officially opened by The Queen in June 1996. Since then the university has regularly been among the top ten rankings for specialist institutions, and has even been voted number one in the UK for a number of its offered degree courses. According to UCAS, the university received 5,225 applications for the academic year 2010/11, of which only 208 applicants were then accepted, leading to an overall acceptance rate of 4%.