CFD COLEMAN S FIREPROOF DEPOSITORY
INVESTMENT OVERVIEW Only 27 one bedroom apartments Available from just 84,999 Ready to rent furniture packs Modern iconic warehouse conversion 7% NET yield assured for 5 years Designed by experienced and successful architects Fully managed USE OF: Bike storage Laundry room Extra storage in a basement 2
WHY LIVERPOOL? Liverpool prides itself as being an innovative and exciting place for investment and business. It is a city with substantial economic assets and opportunities; a knowledge hub with unique learning centres; a destination city with impressive culture and a city with important sea and air connections to international markets. Liverpool has been named as one of the UK s hotspots for its buy-to-let market due to its high rental yields, according to studies in 2014. Furthermore, with Savills expecting rents to rise by 21% over the next 5 year and interest rates remaining low with buy-to-let mortgage finance more widely available, now is the perfect time to invest in a UK buy-to-let property. LIVERPOOL S ECONOMY Liverpool is at the heart of the thriving North West economy. Worth 106 billion, the region is bigger than many EU countries, including Denmark and Finland. LIVERPOOL S 12BN WEALTH MANAGEMENT INDUSTRY IS THE LARGEST OUTSIDE LONDON The city is firmly connected to global markets, with many multinational companies, such as Barclays Wealth, Sony, Jaguar Land Rover and Novartis, already major investors in the city. Liverpool s 12bn wealth management industry is the largest outside London. The city accounted for 121m in revenue and managed 11.6bn of assets, with Manchester managing 10.7bn and Edinburgh 10.6bn. LIVERPOOL FACTS Host city for the UK s International Festival for Business 2014 Fastest rising productivity of any major city outside London - ONS, 2012 5th most visited UK city by overseas visitors and National residents - LEP, 2014 Liverpool One (shopping centre), recorded a footfall of over 26 million people in 2013. 6th for pure holiday trips and business tourism - LEP, 2014 Was the European Capital of Culture in 2008 Top 5 UK retail centre - CACI, 2013 Largest collection of national museums and galleries outside of London - NML, 2013 3
THE OFFER: COLEMAN S FIRE DEPOSITORY Coleman s Fireproof Depository is a truly iconic building close to the Baltic Triangle in Liverpool and set on the fringe of New China Town. Maddison Develop are giving this distinct building a new lease of life with 27 brand new New York Loft Style warehouse apartments. Coleman s Fireproof Depository offers modern 1 bedroom apartments ranging in size from 30-67sq.m, with a full private kitchen and bathroom. It also provides excellent facilities for residents such as bike storage, laundry facility and extra storage areas in the basement. After all storage is what Coleman s Fireproof Depository is known for! Originally built in 1900 the Coleman s building was a safe storage facility for expensive items such as pianos, legal documents and jewellery. All apartments are fully managed and let by Liverpool City Lets. An advantage for any investor looking for an easy rental investment. Coleman s Fireproof Depository provides an assured rental income of 7% NET for 5 years. With prices starting at just 84,999, Coleman s Fireproof Depository is a fantastic opportunity to invest in one of Liverpool s most unique developments. THERE IS A HUGE DEMAND FOR ACCOMMODATION THAT IS NOT ONLY SPACIOUS AND GREAT VALUE FOR MONEY BUT ALSO COMPLETELY DISTINCTIVE IN IT S DESIGN AND CHARACTER. SAM TUMILTY FROM LIVERPOOL CITY LETS 4
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FULL FURNITURE PACK A contemporary furniture pack will be provided for just 2000 +VAT which will include the following: Sofa Table & chairs Desk and chair if feasible Double bed and mattress with headboard TV Bed site cabinets x 2 Wardrobe Cutlery, plates, bowls, pots, pans and utensils 6
THE BALTIC TRIANGLE St. George s Hall Coleman s Fireproof Depository is situated close to the Baltic Triangle, Liverpool s most up-and-coming creative area. The Baltic area is currently popular with students from an entertainment perspective with some of the cities most acclaimed venues including the 2,000 capacity Camp and Furnace. Liver Building Liverpool One The Met Quarter Lime Street Station 30 Min Walk 25 Min Walk The combination of cultural attractions and proximity to Liverpool s creative hub and city centre make the location an ideal area for buy-to-let investment. Museum of Liverpool Hilton Hotel The area is home to some of Liverpool s most creative businesses including game developers, digital agencies, app developers and artists. Albert Dock China Town 20 Min Walk DISTANCES FROM COLEMANS FIREPROOF DEPOSITORY China Town 0.8 The University of Liverpool 1.4 LIPA 0.9 Echo Arena 1.4 BALTIC TRIANGLE 10 Min Walk Liverpool John Moores University 1.2 Liverpool Marina 1.2 Central Station 1.3 Liverpool One 1.3 Liverpool Lime Street Station 1.3 Liverpool School of Tropical Medicine 1.5 Liverpool James Street Station 1.5 Albert Dock 1.5 The Royal Liverpool University Hospital 1.9 Distances are approximate. Source: Google Maps 7
LIVERPOOL S PROSPEROUS RENTAL MARKET Across the UK demand for rental property is near record-high levels with 13.8 tenants chasing every new rental that comes to market. It is therefore unsurprising that investors are eager to add to their property portfolios in the UK, particularly in Liverpool. Over recent years, Liverpool has enjoyed an incredible period of regeneration, with many of its beautiful period features utilised to help the city on its way to becoming the thriving metropolis that it is today. With a population in excess of 465,000 a growth of 5.5% in the past decade alone, Liverpool is growing in popularity and acclaim, which could be attributed to the incredible inward investment opportunities taking place all around the region. According to The Times, Liverpool is set to benefit in 2016 with the city ranked second in the top five places in the UK for rental yields. Compared to 10 years ago 23.1% of renting households are couples, up from 13.9%, as occupants prefer to rent rather than buy, with 44% of private tenants not expecting to buy in the long term. In the North West, tenant demand throughout 2015 rose by 37%. With one of the largest universities in the UK and increasing graduate job opportunities, Liverpool is becoming a city for young renters and students. Having a student population of up to 70,000 with 60% of them requiring accommodation means new property for the sole purpose of the universities attendees is in serious demand too. Meaning new purpose-built developments such as Coleman s Fire Depositary will be in huge demand owing not just to its high-quality build but also its incredible location. RENTAL PROPERTY IS NEAR RECORD-HIGH LEVELS WITH 13.8 TENANTS CHASING EVERY NEW RENTAL THAT COMES TO MARKET. 8
PURCHASE EXAMPLE Choose your property and pay a 5,000 Reservation Deposit The solicitors will assist you through the Exchange of Contract (within 28 days) 10% of the purchase price is required on Exchange of Contracts, minus the 5,000 Reservation Fee Remaining balance payable on completion INVESTMENT RETURNS EXAMPLE If purchase price 99,999 Income from 6,999.93 per annum Net Yield: 7% NET assured for 5 years Returns from 34,999 in first 5 years 9
THE DEVELOPERS Maddison Develop has been operating for 3 years and are making huge strides into Liverpool s property development scene. Adding to the team is one of Liverpool s leading project managers with 3 decades of experience heading up projects such as the impressive Liverpool One complex. Their previous development 137a Upper Hill Street is comprised of 29 studio apartments and is currently running at 100% occupancy since its completion in September 2015. All units were sold to investors with 8-9% assured yields. 10
F.A.Q S WHAT IS THE ADDRESS OF THE DEVELOPMENT? Park Road, Toxteth, Liverpool, L8 6SH WHEN IS THE COMPLETION DATE? March 2017 IS THE SALE HANDLED BY UK LAWYERS? Yes. A team of commercial solicitors, experienced in the student accommodation investment sector, have been appointed to act on the behalf of investors. CAN I SELL MY UNIT/S AT ANY TIME? Investors are permitted to sell at any time after exchange of contracts. WHEN IS MY RENTAL INCOME PAID? Rental income is paid quarterly in arrears direct to your chosen bank account from completion. AS A NON-RESIDENT IN THE UK AM I TAXED ON THIS INCOME? If you are a UK resident then yes you will be subject to tax. If you are a non-resident in the UK then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption. Please note we cannot guarantee that an application to receive rent with no tax deductions will be accepted. WITH YOUNG CREATIVES AND TEC START-UPS CHOOSING THE BALTIC TRIANGLE FOR WORK, REST AND PLAY THERE IS A HUGE DEMAND FOR AESTHETICALLY UNIQUE LIVING SPACES. 11