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2 bedroom apartment for sale
at Millers Place, Park Lane L1
£300,000
at Millers Place, Park Lane L1
£300,000
Our Summary
- Although this is an amazing investment opportunity, we do also welcome owner-occupiers to purchase units in this development
Description
Miller's Place at Heap's Mill is an upscale residential development offering a collection of Manhattan, 1-bed, and 2-bed apartments within the revitalized Heap's Mill area of Liverpool. This historic site, once a rice mill, has been transformed into a luxurious living space with a range of five-star amenities, including a rooftop bar, spa, gym, and even its own museum. The apartments, which start from £149,995, are designed to blend the city's industrial heritage with contemporary urban living, set against the backdrop of the trendy Baltic Triangle.
The development is strategically positioned to offer stunning views of both the city and the waterfront, and is a stone's throw away from Liverpool's vibrant social scene, with the M&S Bank Arena, Tate Liverpool Art Gallery, and Chinatown all within easy reach. It is also well-connected, with both Central Station and Liverpool Lime Street Station just a short walk away.
Miller's Place is not only aimed at investors but also at owner-occupiers, with the project promising a robust 7% NET rental return and an anticipated 18% rental growth by 2026. The development is also expected to experience significant capital growth, with projections of 20.5% by the same year. The property comes with an experienced rental management company, and the first year's management fees are covered, providing peace of mind for investors.
Liverpool's thriving buy to let market, fueled by a growing population and a strong student and graduate population, makes Miller's Place an attractive investment opportunity. The city's affordability and high rental yields have established it as a prime location for property investment in the UK. With RWinvest's expertise and track record of successful investments, Miller's Place at Heap's Mill stands out as a promising addition to any investment portfolio.