A forward thinking progressive and reputable
property development group
Sourced Development Group is proud to introduce Cardinal Rise, a new modern development in close proximity to Liverpool City Centre.
Cardinal Rise, Liverpool - Gallery
Cardinal Rise is a new modern development, home to 96 residential apartments over 9 floors, creating a striking presence in the heart of Liverpool.
Comprised of one and two-bedroom apartments, Cardinal Rise is a short distance from Liverpool City Centre, Waterloo Dock, and the iconic River Mersey and is surrounded by landscaped gardens, creating a space for peace and tranquillity in the middle of this vibrant city.
Cardinal Rise, Liverpool - Key Facts at a Glance
96 residential apartments
One and Two-bedroom apartments available
Liverpool John Lennon Airport - 9 miles
Liverpool Lime Street Station - 1.5 miles
Liverpool Central Station - 2 miles
James Street Station - 0.9 miles
Moorfields Station - 0.7 miles
Liverpool’s vision for the future comes in the form of a £14 bn regeneration project that is set to transform the city into a vibrant destination. Reimagining the iconic waterfront and developing a new creative district will set Liverpool apart from its northern neighbours, increasing the city’s attractiveness. Enhanced by an additional £120 Million from the Local Finance For Growth Fund, Liverpool’s ambitious five year plan is set to deliver A new stadium for Everton FC, New TV & Film studios, 10,000 new homes and a cruise terminal.
Cardinal Rise, Liverpool - Floor Plans
Liverpool City Region continues to change and attract investment. Over the last decade alone, the city has attracted over £5 billion of physical investment. The scale and quality of the city’s transformation has been of international significance. There are no plans to stop and exciting opportunities have been identified to sustain the momentum.
Why invest in Liverpool:
Liverpool is famed across the globe as a true culture capital. It is one of the most visited cities in the UK, a top 5 retail centre, a leading centre for business tourism and recently named in the Rough Guide’s top ten global cities to visit. It’s this internationally renowned quality of life that makes it such an attractive place to live.
Liverpool City Region’s connectivity and central location is a key strength. We’re at the heart of the UK’s second largest regional economy, connected by direct rail services to core cities across the UK, with London just two hours away and services every hour. By road, the central belt of Scotland, Newcastle and Bristol are all within 4 hour’s drive time, meaning, Liverpool City Region is easy to reach. For international connections there is a choice of both Liverpool John Lennon Airport and Manchester International Airports which are both within a 45 minute drive time.
Over the next decade Liverpool will deliver some of the UK’s largest and most ambitious development and infrastructure schemes. Liverpool2 deep water port terminal (phase 2), Liverpool Waters, Wirral Waters, New Royal Liverpool University Hospital and Health Campus, and the transformation of North Liverpool – Ten Streets, these projects and other planned developments have a development value in excess of £15 billion, presenting massive opportunities for investment and a truly inspirational area to live and work in.
The Liverpool Property Market
Liverpool is a thriving UK city full of opportunities and big plans for the future.
The average Liverpool rental yield is around 5.05% – far higher than cities like London which has an average rental yield of 3.05%, and Southampton which is 3.55%. In a recent study on the best UK city to be a landlord, Liverpool has one of the highest average rental yields in the country, with the national average yield standing at around 3.6%. Liverpool also has an average rental price growth of 2.65%. Many people have found investing in Liverpool to be a highly profitable venture, and new build properties with guaranteed buy to let yields continue to be in strong demand.
The regeneration of the city centre should see its population grow. The Office for National Statistics gave a figure of 181% for the population growth from 2002 to 2015. A continuation of this upward curve will lead to a huge demand for places to rent in central locations in the city.
Some predictions have house prices in the North West rising by 24% in the next five years. This figure comes from Savills, who predict that the North West of England will continue to out-pace the rest of the country.