€ 114,385 | USD $ 125,206
, Estimated Date of completion: April/2017
Advert last updated: 5/18/2016
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New Chinatown is one of the most ambitious city centre development projects being delivered in the UK today. We are creating a new, dynamic urban quarter that will change the physical and economic fabric of the city. New Chinatown will be delivered in three initial phases whilst we create a masterplan for the wider Chinatown area and identify opportunities for further phases of development. We are creating a new, dynamic urban quarter Planning for all three phases has now been secured with work on phase 1 due to start before the end of 2015. Completion for the New China Town development is projected to be Q2 2017.
Developed in three phases, the New China Town development will comprise of 790 apartments overlooking the iconic Anglican Cathedral in Liverpool city centre. A busy and bustling district sitting within easy walking distance of both the city centre shopping district, the student district and the UNESCO Heritage status waterfront district, the New China Town development looks set to create a new benchmark for urban living in Liverpool city centre.
Why Invest In Liverpool city centre?
Liverpool’s four universities enjoy excellent academic reputations and are a magnet for international students including more than 10,000 from China alone. The European gateway for Atlantic and Pacific trade, the city has rebuilt its economy in recent decades with outstanding strengths in digital creativity, bio-sciences and advanced manufacturing, whilst the status and importance of its great port will be massively enhanced by the impact of the Liverpool Two post Panamax facility. Liverpool will become one of only a handful of ports capable of docking a new generation of carriers following the widening of the Panama Canal, making it the European gateway for Atlantic and Pacific trade.
New China Town - Key Features
Types of units
Two-bedroom duplex apartments
Three-bedroom duplex apartments
Three-bedroom town houses
306 sq ft – 1,363 sq ft
Leasehold for 250 years
£1.50 per sq ft pa
£350 for all unit types (Payable by the invester to the freeholder during the period of tenancy)
Furniture pack (excl 20% vat)
Studio - £2,739 plus vat
One-bedroom - £3,224 plus vat
Two-bedroom - £3,999 plus vat
Three-bedroom - £5,669 plus vat
6% of rental income
7% over two years
New China Town - Payment Plan
1.Reservation of £5,000 / 80% on Exchange & 20% on Completion (6% Interest on deposit)
2.Reservation of £5,000 / 50% on Exchange / 20% 3 months (after exchange) / 30% onCompletion (4% Interest on deposit)