THE METALWORKS AT PUMPFIELDS, LIVERPOOL

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1 THE METALWORKS AT PUMPFIELDS, LIVERPOOL The right space, the right style and in the perfect location

2 THE METALWORKS RESHAPING URBAN LIVING The Metalworks is a residential development that provides all life s essentials in one efficient, elegant and beautifully-designed building. The right space, the right style and in the perfect location.

3 THE METALWORKS, LIVERPOOL Metalworks is a world-class residential development offering elegant, efficient 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 Provides easy access to Moorfields train station Stunning contemporary building Contemporary specification - white goods included Perfectly positioned for the best of city centre living Leasehold 250 years Benefit from exceptional rental demand 1/2-bed apartments, with parking available Up to 65% LTV* available

4 TITHEBARN BUILDING, LIVERPOOL JOHN MOORES JAMES PARSON BUILDING LIVERPOOL JOHN MOORES THE PERFECT BUSINESS DISTRICT LOCATION MOORFIELDS TRAIN STATION ROYAL LIVERPOOL UNI- VERSITY HOSPITAL On the edge of Liverpool s vibrant commercial district and at the gateway to the city s most exciting regeneration zone. JAMES ST TRAIN STATION LIVERPOOL ONE LIME STREET TRAIN STATION CENTRAL TRAIN STATION JOHN MOORES UNIVERSITY UNIVERSITY OF LIVERPOOL ALBERT DOCK

5 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 CONNECTIVITY 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 THE METALWORKS 60 Vauxhall Road, Liverpool L3 6DL Naylor St Freemasons Row A5053 A59 St Anne St New Islington Brunswick Rd ABERDEEN Hunter St Prescot St Princess Dock Royal Liver Building Liverpool Waterfront A5052 New Quay Chapel St Museum of Liverpool A5059 James Street Station A5058 Water St Queensway Tunnel Strand St Central Library Hanover St A5038 Liverpool Liverpool Central Station Lime Street Station Copperas Hill A5038 A5039 Russell St Liverpool John Moores University The Royal Liverpool University Hospital University of Liverpool Grove St Low Hill 46mins DUBLIN BELFAST GLASGOW 53mins CARDIFF EDINBURGH CARLISLE LIVERPOOL BIRMINGHAM 1h 30mins BRISTOL LEEDS MANCHESTER 45mins 52mins LONDON 2h 10mins CAMBRIDGE DOVER Tate Liverpool Albert Dock Duke St Upper Duke St BARCELONA, 2hr 14mins EXETER MADRID, 2hr 35mins AMSTERDAM, 1hr 36mins PARIS, 1hr 30mins

6 New Everton Stadium Northern Docks New Titanic Hotel Tobacco Warehouse Stanley Dock Clarence Dock Central Docks Metalworks Waterloo Warehouse Infinity Ovatus 2 Ovatus 1 International Cruiseliner Terminal The Hive The Lexington Princes Dock

7 LIVERPOOL WATERS Peel s 5.5bn regeneration scheme on the 60 hectare historic dockland site to create a worldclass, high-quality, mixed use waterfront quarter in central Liverpool. EVERTON S NEW STADIUM 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 of bid for 2022 Commonwealth Games. THE MAJOR NORTHERN INVESTMENT PROJECTS DEEP WATER TERMINAL 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 of the UK. 10 STREETS 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..

8 LIVERPOOL NAMED AS TOP SPOT FOR BUY TO LET RENTAL YIELDS IN UK 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.

9 TOURISM & HERITAGE Liverpool was 4th Most visited City in the UK (hotels.com 2016) and has the largest collection of Grade II-listed buildings outside London. The city has 2,500 listed buildings and 250 public monuments. Echo Arena - Liverpool s premier entertainment venue which hosts world class events throughout the year. Since opening in January 2008, 5 million people 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 outside of London.

10 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.

11 TOURISM IN THE NORTH WEST Overseas tourist expenditure is predicted to grow by 26.2% to 1.2bn, representing 4.55% of total UK expenditure by overseas tourists in Overall tourist spending: % % 12,138m Investment in regenerating the North West is likely to see the region rise in the domestic tourist market with spending on hospitality and leisure increasing by 28.4% to just under 7.5bn by m 1,232m Overseas 9,482m Domestic Overseas expenditure excludes airline costs. Domestic expenditure includes both overnight stays and day trips.

12 WORLD-CLASS 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 CONNECTIONS The city s economic prowess has been built on the strength of its global connections.

13 Investment Case Gross Value Added (GVA) is a mearsure of the value of goods and services produced in an area, industry or sector 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 billion Value of economy 235,700 Employees 56% Rate at which fastgrowing businesses grew, (highest in UK) 900 million 900 million available to metro mayor over next 30 years 18.3 bn by % Q SuperPort Action Plan to add 18.3 billion of additional GVA by 2030 Liverpool job vacancies surged 34.8% in Q the strongest year-on-year job growth in the UK Annual employment growth 236, , , , , , , , , , , , Liverpool s business growth , , , ,120 13,000 14,500 Fast Facts - Liverpool and the surrounding area is the fifth largest metropolitan area in the UK year olds in Liverpool city centre increased fourfold in the decade to Liverpool s population grew from 435,500 in 2001 to 466,400 in Liverpool SME s surged by 6.7% to 30,645 in the 12 months to mid-2015 (North West average rise was 4.3%) - Tourism plays a key role in Liverpool, worth 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% 3.1% for the year Liverpool has a thriving, servicebased economy, led by professional, scientific and technical services which account for 14.9% of the area s businesses 77.1% of Liverpool businesses have 0-9 employees, 17.7% have employees, 4.4% have and 0.8% have 250+ Business density in Liverpool rose by 22.8% from 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 Economic growth stood at 3.1% for the year

14 Investment Case 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 Projected population growth of the Exchequer George Osborne of 7 billion of investment for the business, culture and infrastructure of the North of England. Liverpool is central to the success of the Northern ,300 Liverpool s population is projected to grow Powerhouse initiative, which also includes Manchester, Leeds, Sheffield and Newcastle. 500 from 473,100 in ,100 to 527,300 in Former International Festival Gardens 6 billion of investment in the North s roads, to 15 billion plan in place to enhance road and SuperPort Action Plan covers 1.8 Growth undergoing extensive reduce congestion and rail connections in the billion of new infrastructure redevelopment until 2020 enhance connectivity Liverpool region developments - Liverpool s population fell steadily from the 1930s until the early 2000s, when a resurgence of city living saw it increase from 435,500 in 2001 to 466,400 in The 5.5% increase in Liverpool s population in the decade to 2011 marked a turning point for the city - UK city centres have experienced an uptick in housing demand since the millennium British Music Ropewalks, Pumpfields, 900 million available to 2018 Great - 3,000 new homes per year are required to meet demand, but only 1,700 new homes were started in Merseyside in 2014/15, down 27.7% from the year before Experience Museum to undergo partial conversion of ground Chinatown and Baltic Triangle areas undergoing significant metro mayor for transport, health, social care, education, planning and Exhibition of the North to celebrate creativity, culture - Employment growth of 2.6% projected in next five years - Liverpool generated 7,547 jobs in the creative and digital sector in the five years to 2015 floor in 2017 regeneration housing over next 30 years and design - Liverpool s city centre population increased by 160% in the decade to the last Census - In the five years to 2015, Liverpool (along with Manchester) reported the largest job growth in the UK at 55% - Liverpool set to out-perform Berlin, Paris and Tokyo in the near future - Those aged and living in the city centre quadrupled in number between 2001 and 2011

15 LIVERPOOL NAMED AS TOP SPOT FOR BUY TO LET RENTAL YIELDS IN UK 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.

16 Investment case Sales market Rental market 18.89% % % 4.4% 2nd 1,046pcm Property values in Liverpool have risen by 18.89% over the past five years Apartment values have increased by 21.88% over the same period Hometrack s UK Cities House Price Index listed Liverpool as the ninth fastest growing city for house price growth in the UK in 2016 Rents in the North West rose by 4.4% over the course of 2016 Liverpool is the UK s top city for rental yield in buyto-let property The North West region saw the second largest increase in rents in the UK during 2016 Current asking rents in Liverpool stood at 1,046 pcm in March % Liverpool achieved year on year house price growth of 7.0% during 2016, with growth of 3.0% in Q4 alone 7.1% Annual house price growth stood at 7.1% in January 2017, the sixth highest rate in the UK Liverpool apartments were commanding significantly higher rents than houses as at March % 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 11% Liverpool rents rose by 11% between 2014 and 2015 Regional house price growth Average rental values in Liverpool 10.0% % Year on Year current % 1750 % Year on Year 5.0% 2.5% 0% -2.5% -5.0% Bristol Manchester Oxford Portsmouth Southampton Birmingham London Cardiff Liverpool Nottingham Bournemouth Glasgow Leeds Sheffield Leicester Edinburgh Newcastle Cambridge Blefast Aberdeen Price per calendar month Bedroom 2 Bedroom 3 Bedroom 4 bedroom

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18 THE PERFECT PRODUCT Designed for modern urban living elegant, efficient 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.

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20 THE METALWORKS THE OPPORTUNITY Liverpool s property prices have risen by 22.7% over the past five 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 Meanwhile, Liverpool has been building homes at an average rate of 713 per year between April 2009 and March 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 efficiently designed, while living areas and bedrooms feature floor to ceiling windows for plenty of natural light and impressive city views.

21 ONE-BEDROOM APARTMENTS Efficiently-designed kitchen and bathroom. Living area & bedroom with feature fully glazed exterior elevation and commanding views over Liverpool cityscape. 1 BEDROOM 32 m 2, 344 ft 2

22 The Metalworks, Liverpool Financial Breakdown - 1 Bedroom 7% Assured Yield 2 Years Detailed financials Purchase Price 103,200 Reservation Fee 5,000 Exchange - 35% (Less 31,120 reservation fee) Balance on completion 65% 67,080 Kitchen area Bathroom 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 ,260 Capital Appreciation Projection (5 years) 25,484 Total Income over 5 years 61,492 ROI % over 5 years 59.58% Living area Bedroom Annualised ROI 11.91& *Capital growth forecast is based on a conservative rate of 4.54% per annum 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 comparisons. Capital growth assuming a conservative 4% per annum from completion (Zoopla annual average currently 7% p.a.).

23 TWO BEDROOM APARTMENT 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 floor-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. 2 BEDROOM 64 m 2, 689 ft 2

24 The Metalworks, Liverpool Financial Breakdown - 2 Bedroom 7% Assured Yield 2 Years Detailed financials Purchase Price 179,140 Kitchen area 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% Bathroom Bathroom 5 Year Investment Scenario Expected Value on Completion 190,000 2 Year Assured Income 24,379 Estimated net Income year ,662 Bedroom Bedroom 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 comparisons. Capital growth assuming a conservative 4% per annum from completion *Capital growth forecast is based on a conservative rate of 4.54% per annum Living area (Zoopla annual average currently 7% p.a.).

25 SOLD OUT ON PHASE ONE TWO BEDROOM DUPLEX 2 BED DUPLEX 66 m 2, 710 ft 2

26 SOLD OUT ON PHASE ONE TWO BEDROOM ACCESSIBLE 2 BEDROOM ACCESSIBLE 61 m 2, 657 ft 2

27 Specification ENVELOPE ENERGY PERFORMANCE: Air Permeability: To meet the standards contained within Approved Document L1a 2013 supported by SBEM Calculations, as approved by the chosen Building Control officer. GROUND FLOORS: 0.2W/M2K Insulated ground bearing concrete floors with structural screed. Threshold strips and edge capping's to be stainless steel. SEPARATING FLOORS: Main structure to be steel frame supporting concrete/metal deck composite floor Floor to meet Acoustic and Fire specialist s reports and specifications. CEILINGS: Ceilings to underside of separating floors to be part of the acoustic construction build-up finished with plasterboard fixed to MF system (resilient bar/ acoustic hangers), skimmed and painted white. Finishing layer to ceilings to W.C and Kitchenette to be 12.5mm moisture resistant plasterboard, skimmed, painted white. EXTERNAL WALLS: 0.2W/M2K Main structure to be steel frame with light weight insulated SFS infill panels 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. Insulated rain-screen cladding systems EXT. WINDOWS AND DOORS: 1.8W/M2K Powder coated thermally broken aluminium door and window units, RAL colour t.b.c. Glazing 28mm double glazed sealed units with G-Value co-efficient to be determined by M&E Consultant. Toughened/ Laminated to British Standards in appropriate locations. Multi Point security locks on door and window units. INTERNAL STUD WALLS: Residential party walls to be twin metal stud partitions with 2no. layers of plasterboard to each side with skim finish, insulated internally. Constructed to provide acoustic and fire separation levels in accordance with statutory requirements. Metal stud partitions to form W.C to receive 12.5mm plasterboard (Moisture Resistant) to outermost layer. Joints taped and filled. Emulsion paint finish - mist coat and top coat. INTERNAL DOORS, ARCHITRAVES AND SKIRTINGS: Veneer finish solid core doors with paint grade h/w lipping within s/w frames. Fire resistance and smoke seals in accordance with the overall Fire Strategy. Softwood frames & linings to be painted white. IRONMONGERY: All external ironmongery is to be satin stainless steel. All internal ironmongery to be satin anodised aluminium Fire doors are to be fitted with fully adjustable overhead door closers, with the exception of fire doors within apartments. Cleaners cupboards, service risers, etc. are normally kept locked shut. Door operating forces to comply with BS8300 Paragraph for self-closing Single Swing Doors. Internal doors generally shall be provided with 1ó pairs of concealed 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: Heat interface unit in each apartment Surface mounted radiators, with local thermostat and timer controls. Ventilation to W.C s to be 15l/s ventilation rate Living spaces to residential units to be ventilated with background and natural ventilation. Kitchen extract to 30l/s LIGHTING: Low energy / LED lighting where possible CAT 2 fittings Room motion sensors and zoning of lighting scheme to common areas Emergency fittings as required by British standards. POWER AND DATA: Data and power outlets, quantity in-line with good codes of practice Cat 5e net cable only for WiFi network, (Equipment by tenant) FIRE DETECTION: BS 9251 Sprinkler system fitted to all areas Classification of detection and alarm system to be agreed with appointed sub-contractor. Fire Extinguishers & blankets SECURITY: External and internal CCTV camera locations, in common areas and linked to reception desk. Pedestrian access through ground floor main entrance and car park access doors to reception by means of fob. Vehicular access to car park by means of separate fob. Emergency exit doors fitted with alarms and monitored by CCTV KITCHEN: White goods and surfaces included, excluding dishwasher Wood effect flooring BEDROOM: Fitted carpets Built-in wardrobe BATHROOM: Tile effect flooring Toilet, shower tray, sink and vanity cupboard Final Specification subject to change.

28 acentusrealestate.com themetalworksliverpool.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 own investigations and due diligence before making the decision to invest. Any opinions expressed in this document are not statement of facts.