Description:

Parker Street, Investment DetailsParker Street is a development of 91 residential studios and 1 bedroom apartments now available for investment purchase with Select Resorts Properties. The development will see the landmark former 'Reeces Ballroom', refurbished. This is the ballroom that hosted the wedding reception of John Lennon and his first wife, Cynthia in 1962. The “impressive neo-classical structure” occupies an unrivalled location in the heart of Liverpool City Centre offering excellent quality residential accommodation in a fantastic location.Vacant since the 1980's, planning consent has been granted for conversion of the upper floors and the addition of a rooftop extension, enabling stunning panoramic skyline views to be enjoyed from floors 5, 6 and 7. Boasting a generous open plan layout displaying luxury features of the highest quality, the fully managed apartments will provide a pleasant and contemporary atmosphere ideal for young professionals working in the City and first time buyers alike. Furniture packages are included on the first 20 units reserved as well as on-site 24/7 concierge services.With prices from just £64,950 for a studio suite rising to £99,950 for a 1 bedroom apartment, 6% net yield assured for 5 years, mortgage finance LTV of 60%+ on all units and management included, Parker Street offers investors an affordable, hands off and profitable entry into the lucrative UK buy-to-let market.Please enquire now to request further information.