Living Room
Living Room

Residential development consisting of 127 apartments

Spacious & luxury specification

Two bedroom apartment - 560sq.ft

Residents lounge, private gardens, modern gym & urban garden

Balcony with river views

Two payments options available

Completion Q4 2019

7% NET yield guarentee

Within walking distance of the city's key retail, leisure and business districts

Fully managed hands-off investment

Red Rooves Limited are delighted to offer to the market this fantastic off plan residential new build development located in Liverpool 3 area.

Azure Residence is a stunning new residential development comprising 127 luxury specification apartments and market-leading on-site amenities situated in a desirable city centre location.
Located within walking distance of the city's key retail, leisure and business districts residents will enjoy the best that Liverpool has to offer. From vibrant independent and high street retail to lively nightlife and fine dining, Azure offers an uncompromised city living experience with the benefits of high-end accommodation and resident facilities which include a gym, private parking, shops and communal hub/workspace. Azure is also within close proximity to the new £335m Royal Hospital which, once complete, will create additional demand for accommodation.
Due to Azure's unique placement each side of the development offers stunning views of either the River Mersey, the city centre or the north of the city which are further enhanced by large feature windows and private balconies. The development aims to create the ultimate residential experience by combining spacious accommodation boasting high-end fixtures and finishes with key resident facilities including a gym, urban gardens, resident's lounge/workspace area, private balconies (in selected apartments) and private parking. Azure is designed to attract tenants who are looking for more than just an apartment and are willing to pay a premium for the best possible experience.

Liverpool is one of the UK's fastest growing cities, with access to six million customers and an economy worth more than £149 billion.
Famed for its musical heritage and football teams, Liverpool is home to a unique city centre which features the greatest number of listed buildings outside London, a vast central shopping area, a diverse and exciting night time economy and one of the lowest cost of living levels in the country.
Now firmly established as a property investment hotspot, investors can expect to see strong capital growth and high rental yields driven by a demand for high-quality and central accommodation.
A study conducted by Totally Money reveals the top 4 places to invest are all in Liverpool! In addition, property prices are far lower than UK averages which means property in the city is currently extremely good value for money. As such, the city has proven a big hit with investors.
Liverpool's key highlights:
* 22.8% forecasted rise in property process between 2012-2020 (JLL)
* £1.6bn increase in year-on-year economic growth in the City region
* 2,500 listed historical buildings through the City
* 7% net yields, far higher than London where yields average 3%
* Top 4 place to live in the UK as voted by Totally Money
* HS2 rail link will improve journey times in and out of Liverpool
* 466,415, the population of Liverpool which is growing rapidly
* PRS growth, enormous room for growth in the local rental sector

For many years investing in London property has been the main focus for the both institutional and private investors. The North of England is currently growing at a far faster rate than London, offers far lower property prices and consistent increases in capital growth. As a result, more investors are now turning to Liverpool and Manchester instead.

Local Area Investment Over £195m to be Invested in the area surrounding Azure:
* Project Jennifer (Great Homer Street) - Great Homer Street, aka Project Jennifer, is being transformed through a £150 million regeneration scheme that will bring a new supermarket, shops, homes and improved public spaces to North Liverpool.
* New HQ for Merseyside Police - Merseyside Police are officially relocating to St Anne Street into new custom-built premises with a project value of £45m. This relocation will create additional localised demand for rented accommodation. The new headquarters are situated directly opposite Azure Residence.

Residents at Azure will benefit from a truly spectacular city living experience. The development is located within close proximity to some of Liverpool's best lifestyle attractions from vibrant independent and high street retail to lively nightlife and fine dining. There is also a fantastic array of museums and galleries showcasing the city's rich mercantile past.

Development facts:
* Off plan purchase
* 7% net yield guarantee for investors
* Residents lounge, private balconies (on selected apartments), modern gym and urban gardens
* Secure indoor private parking spaces available to purchase at £15,000
* 16 studios, 53 one-bedroom apartments and 58 two-bedroom apartments
* Completion date Q4 2019
* Ground rent £350 per annum
* Service Charge £2 per sq.ft

Two payment options available:
Payment option A:
* Choose an apartment to buy
* Pay £5,000 reservation fee (non-refundable)
* Instruct solicitor
* Transfer 35% of the funds on exchange (within 28 days)
* Transfer 15% stage payments plus furniture pack 4 months from construction start on 30th January 2019
* Transfer 10% stage payment at ¾ through construction on 30th July 2019
* Transfer balance minus reservation fee on completion

Payment option B:
* Choose apartment to buy
* Pay £5,000 reservation fee (non-refundable)
* Instruct solicitors
* Transfer 75% of the funds on exchange plus furniture pack (within 28 days)
* Interest payments of 3% on deposit paid on completion
* Transfer balance less reservation fee and accrued interest on completion

Important Notice to Purchasers:
* We endeavour to make our sales fair, accurate and reliable but these are only a general guide and they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or facts. We do not guarantee or test any services, systems or appliances listed in the specification as to their operating or efficiency ability, we therefore strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. All measurements that are stated are only intended as guidance only and are not precise, you should therefore verify the dimensions carefully before ordering any built-in furniture, carpets or laminates.
* Intending purchasers please note that you will be asked to produce some identification documentation at a later stage as part of the anti-money laundering regulations, we therefore please ask for your co-operation in this matter so that there will be no delays in agreeing a sale for the property.
* The information issued is in good faith but does not constitute representations of fact or form part of any offer or contract. The matters referred to in this article should be independently verified by prospective buyers. Neither Red Rooves Limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Your home is at risk if you do not keep up repayments on a mortgage or other loans secured against it.
* We make no representation or warranty of any kind with regards to the information contained in this article and none of the information should 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 deciding to invest. Any opinions expressed in this article are not statements of fact.

Arrange a Viewing


Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.