Chavasse Building is a collaborative development, which sees an experienced and innovative partnership working together to enhance a historic area of the city with a great residential scheme. The focus for the scheme has been the provision of sustainable residential accommodation geared towards the requirements of modern, city centre living. All apartments in the scheme are currently larger than the comparable competitor’s properties that are being marketed in relation to value per square foot.
One of the biggest boosts Liverpool has seen in recent years has been in the rental sector. Growing numbers of businesses, a rise in student numbers and a huge demand for skills in emerging digital, science and tech sectors has meant a surge of new people coming to live and work in Liverpool.
This has opened the door to developers and investors in the city’s private rented sector, who have been able to come into the market and enjoy increasing returns, as demand pushes rents ever higher. With two-thirds of all homes in the city centre, according to JLL Residential, now rented privately, it’s not hard to see why rents are climbing in relation to competition among tenants. In the space of the last three years, Liverpool has enjoyed the best rental price increases seen anywhere in the UK.
According to a report by JLL, Liverpool’s property market will continue to grow at pace, with forecasts that prices for purchasing will rise by 22.8% between 2017 and 2021, and that rental costs will climb by over 17%. With this in mind, and the fact Liverpool is a market on the rise, now is the time to invest in Liverpool.
The Ropewalks is a part of Liverpool that combines old and new. Once crowded with warehouses and merchants’ houses, this area was built for the city’s seafaring trade; its long, straight streets were used to weave rope for sale to ships docked in port. The area has reinvented itself as the city’s “independent quarter”, and the mish-mash of historic streets and renovated warehouses, creative cafés and music venues makes it one of Liverpool’s best districts to explore.
Ropewalks is always bursting with art, music and culture. Home to the quirky Bold Street, lined with an eclectic mix of independent stores, coffee houses and restaurants, as well as a variety of cultural institutions including FACT, the Grade I listed Bluecoat and St Luke’s, known locally as ‘The Bombed Out Church’.
Ropewalks is most famous for its vibrant food, drink and live music venues. Around the area you will find the Jacaranda, Motel, Attic, Heebie Jeebies or Shipping Forecast and Kazimier Gardens, all excellent bar choices. Bold Street and Berry Street, you will be spoilt for choice with the cuisine on offer. There’s everything from Indian street food at Mowgli and small plates with inspiration from Paris’ Le Marais at Maray, to Spanish tapas at Neon Jamón and authentic Japanese sushi at Miyagi’s.
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