"Can Liverpool bounce back?" - LIVERPOOL RESIDENTIAL UPDATE QUARTER 4 2020 - City Residential
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“Can Liverpool bounce back?”
LIVERPOOL RESIDENTIAL UPDATE
QUARTER 4 2020
Twitter.com/cityresidential
Facebook.com/cityresidential
@cityresidential.co.uk
City Residential
City Residential is Liverpool’s award winning, premier residential agent specialising in city living
in Liverpool and across the region. In addition to having one of the largest residential teams in
Liverpool we are also recognised as one of the leading northwest residential specialists with
our consultancy services respected throughout the industry. We have been operating for over
20 years from Liverpool’s largest, most prominent, and modern showroom:
• Sales
• New Build Sales/advice/consultancy
• Lettings/Management
• BTR (Build to Rent) advice/consultancy and management
• Bulk Deals & Investment Properties
• Land/Development sales and acquisitions
• Student sales, lettings, and consultancy advice
For further information contact Alan Bevan on 0151 231 6100 or 07970 498187
alan.bevan@cityresidential.co.uk
www.cityresidential.co.uk
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sales@cityresidential.co.uk
0151 231 6100
RESIDENTIAL SALES
As the majority of the last quarter continues to be dominated by Covid-19 we have decided to summarise
the main issues affecting the market from both a positive and negative perspective allowing you to see
at a glance the effects the pandemic has had on the residential market in the city.
Positives
• Market has plateaued a little after the surge in activity we experienced during the second
half of 2020 which is to be expected given huge increase in activity we experienced.
• There appears to good interest from most purchasers, whether these be first time
buyers, new investors, or experienced investors.
.
• Some landlords are keen to sell given the challenges of the rental market thereby
offering some good quality, well established stock for sale.
• Continued low interest rates, and the likelihood that this will continue indefinitely, is
making property purchases in the city extremely affordable.
• The government’s announcement in July 20 declaring a stamp duty holiday until March
2021 had encouraged more buyers to enter the market. There is now an active debate
as to whether this may be extended given the issues created by the current lockdown.
• The challenges of the market over the coming months/years will almost certainly reduce
the pipeline of new developments which in turn should take some of the pressure off
new supply.
Negatives
• The challenges in the rental market are resulting in an increase in supply of property for
sale which, if not matched by an increase in buyers, may ultimately cause prices to fall.
• The “carnage” in the short term/Airbnb and serviced apartment sector is now
encouraging some landlords/investors/operators to sell their apartments/schemes, again
potentially increasing the supply in the city.
• The market continues to suffer from the fall out of the Grenfell Tower/cladding issues
with many apartment blocks currently unsaleable/unmortgageable until the cladding is
renewed. EWS1 forms have become extremely difficult to obtain.
• Some buyers are deferring a potential purchase until they understand the effect of Coivd-
19 on the market in terms of pricing, supply, and sustainability of the city.
• The effects of Covid-19 on the fabric of the city could be devastating, especially if further
lockdowns are required/lockdowns last longer than anticipated. The city has prospered
on its reputation as a vibrant, exciting, and friendly place to live, something which could
be under threat should the effects of Covid-19 be more severe than we currently
anticipate.
RESIDENTIAL SCHEMES for SALE
0151 231 6100
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PERCY PLACE
No of Apartments/houses: 6 houses
Type: 4 bed houses
Address: Percy Street, Canning, Liverpool, L8 7SE
House Prices From : £464,950
Showhome/apartment: Via Appointment
----------------------------------------------------------------------------------------------------------------------------
WIRRAL WATERS
No of Apartments/houses: 347 homes
Type: 2, 3 and 4 bed townhouses
Address: Dock Road, Birkenheard/Wallasey, CH41 1DP
Prices From: Register now on 0151 231 6100
Sale Pavilion: Spring 2021
---------------------------------------------------------------------------------------------------------------------------
ADVERTISEMENT
Completions
City Centre Prices and Completions from ZOOPLA
Current average value £149,063
L1
Sales Price Paid Change
3 months 1 £103,700 -£181 -0.12%
6 months 11 £141,790 £5,433 3.78%
12 months 25 £146,946 £9,297 6.65%
Current average value £164,409
L2
Sales Price Paid Change
3 months 0 £0 £40 0.02%
6 months 6 £105,808 £7,653 4.88%
12 months 12 £122,070 £9,398 6.37%
Current average value £179,399
L3
Sales Price Paid Change
3 months 1 £216,000 £512 0.29%
6 months 19 £154,192 £5,818 3.35%
12 months 75 £178,490 £12,091 7.23%
Current average value £171,022
CITY CENTRE
Sales Price Paid Change
3 months 2 £159,850 £124 0.06%
6 months 36 £142,339 £6,301 4.00%
12 months 112 £165,404 £10,262 6.75%
The information above is taken from Zoopla sold house prices and whilst is accurately recorded may not actually represent all of the
properties that have been registered during the quarter. The actual figure may be higher/lower than that shown as some sales are not
always shown on Land RegistRy. The average pricing achieved may also be affected by low transaction levels.
This report is read by up to
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financial advisors, wealth managers, finance companies, solicitors, accountants,
developers, housebuilders, housing associations, private equity, fund managers,
investment houses, insurers, politicians, councilors, managing directors, chief
executives, advertising companies, PR companies, journalists, media companies, web
designers and many more
For more information on advertising or sponsorship
Contact
Joanne Shannon
joanne.shannon@cityresidential.co.uk
0151 231 6100
RESIDENTIAL DEVELOPMENTS
FOR SALE/UNDER CONSTRUCTION
Kings Dock Mill Phase 2, Hurst Street, Baltic, L1 8DN
Developer YPG
Number of Apartments 204
Apartment Types 1,2 & 3 bed and townhouses
Type of Sale Investor
New Build/Conversion New Build
Build Complete Spring 2021?
Comments/Updates Second phase of Kings Dock Mill scheme adjoining The Hilton in Baltic
ART Apartments, Tabley St, Baltic L1 2HB
Developer Baltic Cool/LAGP
Number of Apartments 55
Apartment Types 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete Early 2021
Comments/Updates 11 Storey scheme on vacant land adjoining Kings Dock Mill phase 2.
One Baltic Square, Grafton St, L1 0BS
Developer YPG
No of Apartments 301
Apartment Types Studios, 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete 2021/2022 – Stalled??
Comments/Updates Large 6/9 storey scheme close to Cain’s STALLED??
St James Street, Baltic, L2 2HT
Developer Crossfield/Torus
Number of Apartments 56 apartments
Apartment Types TBC
Type of Sale RSL
New Build/Conversion New Build
Build Complete 2021
Comments/Updates Small turnkey scheme for Torus on the edge of Baltic Triangle.
FOR SALE/UNDER CONSTRUCTION
Stanley Dock, Regent Road, Liverpool, L3 0AN
Developer Harcourt Developments
Number of Apartments 538
Apartment Types Studio, 1 and 2 bed
Type of Sale TBC
New Build/Conversion Conversion
Build Complete 2020 onwards
Comments/Updates Redevelopment of former Tobacco Warehouse at Stanley Dock.
Strand Plaza/Mersey House, The Strand, L2 7PX
Developer Primesite
Number of Apartments 122
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion Conversion
Build Complete Part complete/2021
Comments/Updates Conversion of former Mersey House overlooking The Strand/3 Graces.
Parliament Square, Great George St, L1 0BS
Developer Legacie
No of Apartments 505
Apartment Types Studios, 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete 2021
Comments/Updates Large 12/18 storey mixed use scheme on corner of Baltic Triangle
Poet’s Place, Clegg Street, Liverpool, L5 3LU
Developer Caro
No of Apartments 127
Apartment Types Investor
Type of Sale TBC
New Build/Conversion New Build
Build Complete Early/Mid 2021
Comments/Updates Adjoining Caro’s City Point student scheme just off St Anne’s StreetFOR SALE/UNDER CONSTRUCTION
Baltic House, Norfolk Street, Baltic Triangle, L1 0BL
Developer Crossfield Exclusive Dev Ltd
Number of Apartments 126
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build/restart scheme
Build Complete January 2021
Comments/Updates Stalled scheme bought by Crossfield Exclusive and nearly finished.
Fabric District Residences, Liverpool, L3 8HA
Developer YPG
No of Apartments 208
Apartment Types Studio apartments
Type of Sale Investor
New Build/Conversion New Build
Build Complete Early/Mid 2021
Comments/Updates Located on Devon Street and spread over 9 floors
Norfolk House PH 3, Norfolk St, Baltic, L1 0AR
Developer Elliot Group/EPIC Hotel
Number of Apartments 306 bed hotel and apartments
Apartment Types Hotel and apartments
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC Stalled?
Comments/Updates Final phase of a 3 phase scheme in the heart of Baltic Triangle.
Victoria House, James Street, Liverpool, L1 6BD
Developer AR & V Investments
Number of Apartments 63
Apartment Types Studios and 1 bed
Type of Sale Retain for letting
New Build/Conversion Conversion
Build Complete 2021
Comments/Updates Former stalled site purchased for a co living schemeFOR SALE/UNDER CONSTRUCTION
Herculaneum Quay, Riverside Drive, L3 4ED
Developer Primesite Developments
Number of Apartments 123
Apartment Types 1,2 and 3 bed
Type of Sale Predominately Investor
New Build/Conversion New Build
Build Complete 2021?
Comments/Updates Striking scheme in south Liverpool docks AWAIT NEWS/PROGRESS
Element The Quarter, Low Hill, Liverpool, L6 1EJ
Developer Nexus/Legacie
Number of Apartments 450
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Old Primesite scheme bought out of administration by JV. Redesigned
The Roscoe, Roscoe Street, Liverpool, L1 2SX
Developer Central & Regional Group
Number of Apartments 82
Apartment Types 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Attractive scheme on Roscoe Street adjoining City Gate development.
RESIDENTIAL DEVELOPMENTS
POTENTIAL/FUTURE SCHEMES
Fabric Residence, Fabric District, Liverpool, L3 8HA
Developer YPG
No of Rooms 449
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Previously consented student scheme now proposed residentialPOTENTIAL/FUTURE SCHEMES
Heaps Mill,1 Park Lane, Liverpool, L1 5EX
Developer Valorem IP
Number of Apartments 400 (amended scheme)
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build & Conversion
Build Complete TBC
Comments/Updates Will probably be a mixed-use scheme including BTR blocks
2 Riverside Drive, Liverpool, L3 4DB
Developer TBC
Number of Apartments 457
Apartment Types Studio, 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large potential resi scheme on site of Chung Ku. SITE FOR SALE
Marlborough Street, Liverpool, L1 5HA
Developer SEP Construction Ltd
Number of Apartments 45
Apartment Types Studios
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Small 45-unit scheme located in the heart of Marybone/Vauxhall
Voyager, 120 Waterloo Road, Liverpool, L3 7BA
Developer TBC
Number of Apartments 120
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates 14 Storey development adjacent to new Ten Streets districtPOTENTIAL/FUTURE SCHEMES
Park Lane,1 Park Lane, Liverpool, L1 5EX
Developer Valorem IP
Number of Apartments 90 (amended scheme)
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build & Conversion
Build Complete TBC
Comments/Updates Recent amended application for a hotel together with 90 apartments
The Tannery, Gardeners Row, Liverpool, L3 6JH
Developer Niveda Realty/Vinco
Number of Apartments 381
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Trio of buildings comprising three towers. SITE FOR SALE
Brewery Village (Cains), Baltic, L8 5XJ
Developer Cains Brewery Village
Number of Apartments 1400/1500
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale PRS or investors
New Build/Conversion Predominately new build
Build Complete TBC
Comments/Updates £150/£200 million mixed use redevelopment of former Cain’s Brewery.
Hughes House, Liverpool, L3 8JE
Developer Town Square Developments
Number of Apartments 252
Apartment Types Studio, 1 and 2 bed
Type of Sale TBC/Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Proposals to demolish the TJ Hughes store and new build replacementPOTENTIAL/FUTURE SCHEMES
Via Verde, Leeds St/Vauxhall, Pumpfields, L3 6BA
Developer Mees Demolition/Eldonian
Number of Apartments 1308
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale Investor or PRS
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large mixed-use scheme with 55,000 sq ft commercial space.
New Bird Street, Baltic Triangle, L1 5HA
Developer Crosslane/Waites
Number of Apartments 217
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates New proposal for 379-unit co-living scheme replacing 217-unit scheme
Kingsway Square, Blackstock Street, Vauxhall, L3 6EE
Developer Sourced
Number of Apartments 452
Apartment Types Studio, 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large resi scheme adjacent to Liberty Atlantic Point student village
Duke’s Village, Bridgewater Street, L1 0AR
Developer Elliot Group
Number of Apartments 232
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates 14 Storey development adjacent to developer’s Norfolk St schemePOTENTIAL/FUTURE SCHEMES
St Anne’s Garden’s, St Anne Street, Liverpool, L3 3DY
Developer Elatus Development Group
Number of Apartments 319
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large scheme adjacent to ongoing Fox Street Village development.
Azure/Rose Place, off St Anne St, Liverpool, L3 3BN
Developer Legacie Developments
Number of Apartments 127
Apartment Types Studio 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates New scheme off St Anne St/Likely to be replaced with student scheme
Queens Dock, Chaloner Street, L3 4BE
Developer TBC
Number of Apartments 192
Apartment Types Studio, 1 and 2 bed
Type of Sale PRS or Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Overlooking Queens Dock adjacent to Leo’s Casino. Site for sale
Ovatus 1, Old Hall Street/Leeds St
Developer Prospect Capital/Wilcocks
Number of Apartments 168 (phase 1)
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Phase 1 of double tower scheme. SITE FOR SALEPOTENTIAL/FUTURE SCHEMES
Ovatus 2, Old Hall Street/Leeds St
Developer Prospect Capital/Wilcocks
Number of Apartments 530 (phase 2)
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Will be Liverpool’s tallest scheme at 48 storeys. SITE FOR SALE
Great Homer St/Virgil St, Liverpool L5 5BY
Developer The Soller Group
Number of Apartments 277
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large residential scheme close to Project Jennifer regeneration
Freemasons Row, Leeds St, Liverpool, L3 2DJ
Developer Vinco
Number of Apartments 656
Apartment Types Studio, 1,2 3 bed apartments
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC/Unlikely to happen
Comments/Updates Large residential scheme in Pumpfields fronting onto Leeds Street.
Norton’s, Flint Street, Baltic, L1 0DH
Developer Chaloner St Developments
Number of Apartments 638
Apartment Types 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large prominent mixed-use scheme on corner of Baltic TrianglePOTENTIAL/FUTURE SCHEMES
35 Bridgewater Street, Baltic, L1 0AJ
Developer Eloquent Global/For sale
Number of Apartments 43
Apartment Types 1, 2 and 3 bed apartments
Type of Sale Private Sale
New Build/Conversion Conversion & New Build
Build Complete 2021/TBC
Comments/Updates Nice conversion in heart of Baltic Triangle. SITE FOR SALE
Brunswick Way, Docklands, L3 4BL
Developer NWIA
Number of Apartments 240
Apartment Types 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete 2023/TBC
Comments/Updates Stunning new scheme in Liverpool docklands. SITE SALE AGREED
Baltic Place, Brassey St, Liverpool, L8 5XP
Developer Caro
Number of Apartments 176
Apartment Types 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete 2022/TBC
Comments/Updates Site bought from receivers by Caro for proposed new £25m scheme
Riverside, Sefton Street, Liverpool, L8 6UD
Developer Eloquent Global
Number of Apartments 198
Apartment Types 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Replacing former car garage on Sefton Street. SITE FOR SALEPOTENTIAL/FUTURE SCHEMES
Bevington Bush Scotland Road L3 6JH
Developer Bevington Developments Ltd
No of Apartments 614
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale Investor/BTR
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Formerly a proposed student scheme now residential. SITE FOR SALE
The Refinery, Oriel St/Paul St, Liverpool, L3 6DU
Developer Smith Young
No of Apartments 240
Apartment Types Studios, 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large mixed-use scheme proposed for Vauxhall. SITE FOR SALE
Plot C02 Central Docks, Liverpool Waters
Developer Romal Capital
Number of Apartments 646
Apartment Types 1 and 2 bed
Type of Sale Investor/Owner Occupiers
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Next phase of this groundbreaking Liverpool Waters scheme
Pall Mall, 70-90 Pall Mall, Liverpool, L3 6AE
Developer Elliot Group
Number of Apartments 800
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete STALLED/restart shortly
Comments/Updates Site purchased by ELLIOT Group after NPG administrationPOTENTIAL/FUTURE SCHEMES
Aspire, Waterloo Road/Paisley St, L3 7BA
Developer Living Brick Ltd
Number of Apartments 140
Apartment Types 1, 2 and 3 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates 17 Storey development close to Liverpool Waters/new link road
Highpoint, 24 Highfield St, L3 6AA
Developer TBC
Number of Apartments 150-200
Apartment Types 1 and 2 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates New tower scheme on site of existing offices. SITE FOR SALE
Brunswick Quay, Atlantic Way, Liverpool L3 4BE
Developer Maro
No of Apartments 552
Apartment Types 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Large new build scheme on a prominent site in south docklands
Blundell Street, Baltic Triangle, Liverpool, L1
Developer Taylor Highdale
Number of Apartments 86 apartments
Apartment Types 1,2 and 3 bedroom
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Potential new tower scheme on site of existing offices in BalticSTALLED/NOT PROGRESSING
Infinity, Lanyork Rd/Leeds Street, Liverpool, L3 6JB
Developer Elliot Group
Number of Apartments 1015
Apartment Types Studio, 1, 2 and 3 bed
Type of Sale Investor/owner occupier
New Build/Conversion New Build
Build Complete STALLED/In administration
Comments/Updates Striking and ambitious scheme with anticipated £250million GDV.
New Chinatown, Great George Street, L1 7AG
Developer Great George St Developments
Number of Apartments 466 apartments & 37 townhouses
Apartment Types Studio, 1,2 and 3 bedroom
Type of Sale Investor/Mixed Use
New Build/Conversion New Build
Build Complete STALLED/New owners
Comments/Updates New planning proposals approved to kick start this former stalled site
60 Old Hall Street, Liverpool, L3 9PP
Developer Signature Living
Number of Apartments 115
Apartment Types 1 and 2 bed
Type of Sale Investor
New Build/Conversion Conversion
Build Complete STALLED/\await news
Comments/Updates Refurbishment of the “ugly duckling” into residential scheme
Parliament Residences (Phase 2), Baltic, L1 0AJ
Developer AC Parl St 2 (Assetcorp)
Number of Apartments 145
Apartment Types 1, 2 and 3 bed
Type of Sale TBC
New Build/Conversion New Build
Build Complete 2021/STALLED
Comments/Updates 2nd Phase of scheme fronting Baltic Triangle IN ADMINISTRATIONSTALLED/NOT PROGRESSING
The Metalworks, Pumpfields, L3 6DL
Developer Acentus RE/Respect-Hipkiss
Number of Apartments 312
Apartment Types Studio, 1 and 2 bed
Type of Sale Investor Sale
New Build/Conversion New Build
Build Complete TBC/STALLED?
Comments/Updates Large residential scheme comprising 11/13 storey blocks.ALEXANDRA TOWER
Princes Dock, Liverpool, L3 1BF
Alexandra Tower is one of Liverpool’s most iconic residential buildings literally “perched” on the
River Mersey at Princes Dock. The apartments in the scheme benefit from stunning views,
either across the river towards the Welsh Hills or back towards the famous Liverpool City
skyline.
Having been improved by the previous owner to include refurbished entrance/concierge,
upgraded communal areas and the reinstatement of car parking, Alexandra Tower now offers
some of the best apartments in the city.
TO LET (all prices are from) - 1 beds £700, 2 beds £875, 3 beds £1200
Unfurnished and furnished apartments available
FOR SALE (all prices are from) 2 beds £179,950
0151 231 6100RESIDENTIAL LETTINGS
As the majority of the last quarter continues to be dominated by Covid-19 we have decided to summarise
the main issues affecting the market from both a positive and negative perspective allowing you to see
at a glance the effects the pandemic has had on the residential market in the city.
Positives
• Following on from a reasonably strong 3rd quarter the 4th quarter was more subdued
predominantly due to the challenges presented by Covid. There continues to be however
a decent enough demand for rental property from existing tenants.
• Availability levels of apartments is high offering potential tenants a good choice of
apartments across most price ranges, types and location.
• Rents have fallen slightly/some decent deals are available from landlord’s keen to secure
lettings during the quarter and thereby offering greater affordability than we have
previously seen.
• The vast majority of landlords/tenants have dealt with the effects of Covid-19 very well
with landlords showing leniency and compassion to those tenants who are suffering.
Most tenants meanwhile have continued to pay their rents unless they genuinely require
financial assistance/support.
Negatives
• There has been a higher than normal increase in tenants leaving their apartments due
to Covid-19. This is predominately due to job uncertainty/affordability and has been
particularly noticeable in those working in the hospitality/retail/leisure sectors.
• The “carnage” in the short term/Airbnb and serviced apartment sector is now
encouraging some landlords/investors/operators to let their apartment on an AST/normal
rental basis.
• There continues to be an increase in supply of rental product being delivered by the
completion of new apartment schemes although this may well slow over the coming
months/years.
• There has been a noticeably lower number of overseas students coming to the city (as
expected given the current Covid situation). This has impacted strongly on the upper
end of the market (apartments in the likes of One Park West, Mann Island etc). Studio
apartments are also struggling due to an oversupply in some areas/locations.
• Evidence suggests that many tenants are still unsure as to their future job prospects
(many are still furloughed) especially after the announcement on 4th January 2021 of
another lockdown that may well last until Easter.
• The effects of Covid-19 on the fabric of the city could be devastating, especially if further
lockdowns are required/lockdowns last longer than anticipated. The city has prospered
on its reputation as a vibrant, exciting, and friendly place to live something which could
be under threat should the effects of Covid-19 be more severe than we currently
anticpate.RESIDENTIAL SCHEMES to LET
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ALEXANDRA TOWER
No of Apartments:190
Type:1, 2 and 3 Bed
Address: Princes Dock, Liverpool, L3 1BD
Prices From:
1 bed: £700
2 bed: £900
3 bed: £1,200
Furnished/Unfurnished: Selection of both
Car Parking: Yes
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SHAFTESBURY APARTMENTS
No of Apartments:39
Type:1 and 2 Bed
Address: Mount Pleasant, Liverpool, L3 5SA
Prices From:
1 bed: £650
2 bed: £800
Furnished/Unfurnished: Furnished
Car Parking: No
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2 MOORFIELDS
No of Apartments: 68
Type: Range of studio apartments
Address: 2 Moorfields, Liverpool, L2 2BS
Prices From/To:
Studios £550-£650 all inclusive rents
Furnished/Unfurnished: Furnished
Car Parking: No
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HADWENS APARTMENTS
No of Apartments: 8
Type: 1 and 2 bed
Address: Tithebarn St, Liverpool L2 2SB
Prices From/To:
1 bed: ALL LET
2 bed: £900
Furnished/Unfurnished: Furnished
Car Parking: No
----------------------------------------------------------------------------------------------------------------------------0151 231 6100
BUILD TO RENT (BTR)
During the last quarter we have seen the following announcements/progress made on schemes
which continue to highlight the attractiveness of Liverpool as a BTR location
• Brickland/Heitman deal – Construction progressing extremely well with lettings now
being taken/show apartment due to open shortly
• Eight Building (Iliad) – Construction progressing well after Legacie takes over following
the administration of the previous contractor (Forrest)
• Construction progressing very well on The Lexington (Moda/BCEGI) and Strand House
(Panacea/Invesco/Graham’s).
• Planning now approved for a newly designed scheme at Princes Dock for Your Housing
to be named Patagonia Place replacing the former Hive scheme
UNDER CONSTRUCTION
The Copper Building, 21 Strand St, Liverpool, L2 0PP
Developer Patten/Invesco/Greystar
Number of Apartments 391
Fund Invesco
Apartment Types 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete Spring 2021
Comments/Updates Located fronting The Strand with views across Albert Dock/Mann Island
The Lexington, Princes Dock, Liverpool Waters, L3 1DZ
Developer Moda Living
Number of Apartments 304
Fund Apache
Apartment Types Studio, 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete Late 2021
Comments/Updates 34 storey £82 million GDV scheme in Princes Dock/Liverpool Waters
Baltic Yard, Blundell Street, Baltic, L1 0AJ
Developer Brickland/Heitman
Number of Apartments 200
Apartment Types 1, 2 and 3 bed
Fund Heitman
New Build/Conversion New Build
Build Complete Spring 2021
Comments/Updates Large Baltic scheme including commercial & 116 car park spaces.ADVERTISEMENT
UNDER CONSTRUCTION
The Eight Building, Glenville St, Baltic, L1 5JR
Developer Iliad
Number of Apartments 120
Fund Self-funded
Apartment Types 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete 2021
Comments/Updates Follow up BTR residential scheme to adjoining built student scheme.
PROPOSED
The Keel (PHASE 2), Queens Dock, Liverpool, L3 4GE
Developer Glenbrook
Number of Apartments 257
Fund Barings Real Estate
Apartment Types 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete TBC
Comments/Updates 2nd phase of The Keel with two buildings overlooking Queens Dock
Aspire, 30-36 Pall Mall, L3 6AE
Developer Anwyl Construction
Number of Apartments 336
Fund TBC
Apartment Types Studio, 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Stunning 22 storey scheme opposite proposed Pall Mall Exchange
Patagonia Place, Princes Dock, Liverpool, L3 1DZ
Developer Your Housing/Peel
Number of Apartments 278
Fund Self funded
Apartment Types 1, 2 and 3 bed
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Newly proposed 31 storey £48 million scheme replacing The HivePOPULATION
Residential
CITY CENTRE CORE
Number of built PROPERTIES (city centre core) 15,179
Number of OWNER OCCUPIED properties 4,367
Number of TENANTED properties 9,262
Number of VACANT Properties 1,137
VACANCY Rate 7%
Number STUDENTS (living in non PURPOSE BUILT units) 3,792
Number STUDENTS (living in PURPOSE BUILT units) 19,600
Number of Units let to SERVICED APARTMENT operators 413
Total Number of City Centre Residents 45,565
City Centre Core
EXPANDED CITY CORE
Number of Properties Built (all areas) 18,412
Number of OWNER OCCUPIED Properties 5,753
Number of TENANTED Properties 10,779
Number of VACANT Properties 1,467
VACANCY Rate 8%
Number of STUDENTS (living in non PURPOSE BUILT units) 4,599
Number of STUDENTS (living in PURPOSE BUILT units) 22,216
Number of Units let to SERVICED APARTMENT operators 413
Total Number of City Centre Residents 52,148Student
STUDENT POPULATION 2018/2019
2018/19 Postgrad Undergrad Full-time Part-time UK Other EU Non EU Total
The University of Liverpool 6,960 22,735 26,255 3,440 20,980 1,005 7,710 29,695
Liverpool John Moores University 4,565 19,465 19,840 4,190 22,255 455 1,320 24,030
Liverpool Hope University 1,235 3,865 4,545 560 4,920 110 70 5,100
The Liverpool Institute for Performing Arts 10 810 820 0 635 30 155 820
Liverpool School of Tropical Medicine 420 0 160 260 245 35 140 420
TOTAL STUDENTS 13,190 46,875 51,620 8,450 49,035 1,635 9,395 60,065
STUDENT POPULATION 2011/2019
UNIVERSITY/YEAR 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Inc/Dec %
The University of Liverpool 20,590 20,875 21,345 22,715 24,775 27,070 28,795 29,695 3.13%
Liverpool John Moores University 25,855 22,585 21,315 20,635 21,880 22,445 23,225 24,030 3.47%
Liverpool Hope University 7,400 6,540 6,240 5,550 4,940 5,240 5,200 5,100 -1.92%
The Liverpool Institute for Performing Arts 720 730 720 715 720 745 795 820 3.14%
Liverpool School of Tropical Medicine 425 430 435 420 -3.45%
TOTAL STUDENTS 54,565 50,730 49,620 49,615 52,740 55,930 58,450 60,065 4.51%
STUDENT LETTINGS
As the majority of the last quarter continues to be dominated by Covid-19 we have decided to summarise
the main issues affecting the market from both a positive and negative perspective allowing you to see
at a glance the effects the pandemic has had on the residential market in the city.
Positives
• The fact that the city’s universities promised “near normal” courses/studies for the
2020/21 academic year ensured good student intake numbers, slightly below 19/20.
Some student landlords are offering discounts due to lockdowns (Unite, Student Roost
etc).
• Availability levels of apartments was high offering potential students a good choice of
apartments whereby in previous years there was minimal availability.
• Although there are challenges ahead for the city it remains an attractive, vibrant place to
study and offers some of the lowest rent levels for purpose-built student accommodation
across the UK.
• The development pipeline for student developments in the city was slowed dramatically
hopefully allowing the supply/demand picture to improve over the next few years.
Negatives
• International student numbers are substantially lower than last year/previous years. This
has had a disproportionate effect on the higher end of the market which is where many
of these students chose to rent.
• Due to outbreaks of Covid amongst the students (and particularly in student halls) the
universities have now moved to virtual learning. This may increase the fall out rate
especially if future lockdowns/restrictions on movement remain.
• The effects of Covid-19 on the fabric of the city could be devastating especially if further
lockdowns are required/lockdowns last longer than anticipated. The city has prospered
on its reputation as a vibrant, exciting, and cultured place to live something which could
be under serious threat should we not be able to return to something like the previous
“normal”.STUDENT DEVELOPMENTS
UNDER CONSTRUCTION/PROGRESSING
Renshaw Hall, Benson Street, Liverpool, L1 2SS
Developer Niveda Realty
No of Rooms 404
Studios or Cluster Studios and clusters
Type of Sale Fund
New Build/Conversion New Build
Build Complete 2021
Comments/Updates Redevelopment of former car park for hotel and 404 room student block
Fraser Street/Norton St, Liverpool, L3 8LR
Developer Mount Property Group
No of Rooms 566
Studios or Cluster Predominately cluster
Type of Sale Investor
New Build/Conversion New Build
Build Complete Summer 2021
Comments/Updates Redevelopment of former National Express bus centre with two blocks
Copperas Hill Police Station, Liverpool, L3 5LD
Developer Carpenter Investments
No of Rooms 206
Studios or Cluster Mixed student/cluster
Type of Sale Retain
New Build/Conversion New Build
Build Complete 2021
Comments/Updates Construction well under way on site of this former police station
Innovo House, Devon St, Fabric District, L3
Developer Mount Property Group
No of Rooms 124
Studios or Cluster Mixed student/cluster
Type of Sale Forward funded investor
New Build/Conversion New Build
Build Complete Sep 2021
Comments/Updates Forward funding deal announced in Mar 2019 with Soilbuild GroupSTUDENT DEVELOPMENTS
PROPOSED/POSSIBLE
3 Oldham Place, Liverpool, L1 2TD
Developer Oldham Place Ltd
No of Rooms 117
Studios or Cluster Studios
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Small site tucked away on Oldham Place opposite Unite’s St Luke’s
Mulberry Street, Canning, Liverpool, L7 7EE
Developer Property Capital Development
No of Rooms 366
Studios or Cluster Studios
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Controversial scheme heavily objected to due to conservation area
Crown Street/Falkner St, Liverpool, L8 7SX
Developer Elliot Group
No of Rooms 106 keyworker/182 student
Studios or Cluster Mixed student/key worker
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Attractive scheme close to Liverpool University & Women’s hospital
Former Hondo, Upper Duke St, L1 9DU
Developer Fusion Students
No of Rooms 430
Studios or Cluster Cluster/Studios
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Fully funded scheme on the site of the former Hondo supermarketPROPOSED/POSSIBLE
Gildart Street, Gildart Street, Liverpool, L3 8AG
Developer Gildart Street Ltd
No of Rooms 53
Studios or Cluster Cluster/Studios
Type of Sale TBC
New Build/Conversion New Build
Build Complete TBC
Comments/Updates Small scheme located in up and coming Fabric District area of the city
Azure/Rose Place, off St Anne St, Liverpool, L3 3BN
Developer Legacie Developments
Number of Rooms 280
Studios or Cluster Studio 1 and 2 bed
Type of Sale Investor
New Build/Conversion New Build
Build Complete TBC
Comments/Updates New student scheme to replace previously consented resi scheme
STALLED/NOT PROGRESSING
The Paramount, London Road, L3 5NF
Developer Pinnacle Alliance/Elliot Group
No of Rooms 477
Studios or Cluster 430 cluster/47 studio
Type of Sale Investor
New Build/Conversion New Build
Build Complete STALLED/BOUGHT
Comments/Updates Scheme bought by Elliot Group in July 2019. Await news/progress
Aura, Low Hill, Liverpool L6 1AU
Developer Elliot Group/investors
Number of Rooms 1007 (student units)
Studios or Cluster Predominantly cluster
Type of Sale Investor
New Build/Conversion New Build
Build Complete NOW STALLED/SITE BOUGHT
Comments/Updates Mixed Use scheme stalled and now bought out of administrationPIPELINES
Listed below are the current pipelines for the relevant asset class in the city centre and our
estimated delivery dates/numbers based upon our market knowledge, schemes, funding etc.
Residential
RESIDENTIAL PIPELINE
LIVERPOOL CITY CENTRE
Stage PIPELINE
Under Construction (ex stalled) 3,345
Stalled 2,607
Planning Approved 8,687
Proposed/Awaiting planning 2,780
Total Pipeline 17,419
DELIVERY
Guaranteed/Likely Anticipated
Delivery Dates
(Under Construction) (City Res view)
Delivery for 2021 2,013 2,013
Delivery for 2022 883 1,750
Delivery for 2023 0 1,200
Total Delivery 2,896 4,963
BTR (Build to Rent)
BTR PIPELINE
LIVERPOOL CITY CENTRE
Stage NUMBER GDV
Built 776 £129,500,000
Under Construction 1,007 £231,000,000
Planning Approved 1,121 £177,000,000
Proposed/Awaiting planning 250 £52,500,000
Total Pipeline 3,154 £590,000,000
DELIVERY
Guaranteed/Likely Anticipated
Delivery Dates
(Under Construction) (City Res view)
Delivered for 2019 661 661
Delivered for 2020 115 115
Delivery for 2021 1,007 1,007
Delivery for 2022 0 0
Delivery for 2023 0 1,121
Total Delivery 1,783 2,904
Student
STUDENT PIPELINE
LIVERPOOL CITY CENTRE
Stage PIPELINE
Under Construction (ex stalled) 2,395
Stalled 532
Planning Approved 1,138
Proposed/Awaiting planning 366
Total Pipeline 4,431
DELIVERY
Guaranteed/Likely Anticipated
Delivery Dates
(Under Construction) (City Res view)
Delivery for 2021 1,388 1,388
Delivery for 2022 1,007 1,495
Delivery for 2023 0 1,249
Total Delivery 2,395 4,132Finance & Mortgage
(As at 12th January 2021)
0151 548 4448
www.jpfinancialadvice.co.uk
The effect of the coronavirus Covid 19 has had on the market
• The rates on normal mortgages have stabilized in comparison to previous quarters and
still offer very competitive rates, especially for those borrowers with decent deposits.
• First time buyers continue to be squeezed out of the market with the number of 5% and
10% deposit mortgages having reduced dramatically over the last 12 months, although
this is starting to improve as lenders move back into the market.
• The rates and availability of buy to let mortgages appears to have held up slightly
better than normal purchase/remortgage mortgages. Lenders increasingly appear keen
to capitalize on this sector, albeit with a continual requirement for large deposits (the
best rates are available for those landlords with a minimum 40% deposit).
Normal Mortgages
(Buying and remortgaging)
Type Rate Period Fee Max LTV Lender
Variable 1.39% 2 Year £999 60% Nationwide
Fixed 1.29% 2 Year £995 60% Natwest
Fixed 1.35% 3 Year £999 60% Leeds
Fixed 1.29% 5 Year £1495 65% Virgin
Fixed 2.32% 10 Year £999 60% Virgin
Buy to Let Mortgages
Type Rate Period Fee Max LTV Lender
Variable 1.95% 2 Year £1999 60% Principality
Fixed 1.19% 2 Year £1995 60% Mortgage Works
Fixed 1.71% 3 Year £1995 60% Virgin
Fixed 1.87% 5 Year £1995 75% Virgin
Fixed 2.44% 10 year £1995 60% Leeds
The list of available mortgage offers detailed below is purely intended as a guide and is sourced from Moneyfacts and GoDirect. It is not
intended to be a “best buy” table or offer advice it simply highlights some of the mortgage deals that were available on the date shown above
which have been recommended by a team of independent experts as their best buys.
Source: Moneyfacts (www.moneyfacts.co.uk) and GoDirect (http://www.godirect.co.uk)
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are
available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are
subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.AUCTION RESULTS
Sponsored by Venmore Auctions
0151 329 2676
Next Auction: 17th February 2021 ONLINE
Listed below are the auction results for properties (apartments) sold in the quarter in the main city centre postcodes (L1, L2 and L3)
or close periphery – city centre side of (L5, L6, L7 and L8)
Address Auctioneer Date GUIDE £ SOLD £ FLOOR Beds Baths Parking Rent* Yield
Apt 103, 15 Mann Island, L3 1EN Venmore 15/12/2020 £120,000 £120,000 2nd 1 1 No £750 7.50%
*The rent shown is either the actual current rent where the property is let or the anticipated rent if let in the market.
Mann Island
If you wish to buy properties at this level of pricing City Residential Ltd offer a buying service which will enable you to purchase at levels normally
only available to seasoned investors and landlords – ring us for more details.Headline Blog/Summary
“Can Liverpool bounce back?”
Covid 19 has had a devastating effect on our whole way of life, not only city centres
throughout the UK but the entire population, many businesses, and institutions. Whilst there
was a hope/belief that 2021 would bring us back to “normal” we now find ourselves in our
3rd lockdown since March 2020 together with the prospect of not emerging from the latest
restrictions until mid-spring 2021 at the earliest. This will mark a full 12 months of misery,
frustration, devastation and, most importantly, loss of life and damage to both the physical
and mental health of a huge proportion of the population.
Many commentators have “written off” city centres highlighting their belief that people will
not return to their offices (home working has become the norm), will continue to avoid large
crowds (even post vaccine) and would prefer to spend the rest of their lives in the leafy
suburbs (not everyone can afford to live in a leafy suburb!). Whilst we don’t disagree that
the virus has impacted city centre life more than most, we do believe that these
commentators are wrong. Flexible working will become more standard but for many city
workers the city is a huge part of their life, both professionally and socially. We speak to
many employees who are desperate to get back to working, shopping, and socializing like
in the old days!
Dealing specifically with Liverpool we share our thoughts below which we believe highlights
our belief that the city can and will recover.
Leisure and hospitality
The leisure and hospitality sector has been ravaged by the virus (or by the lockdowns to
deal with the virus!). The stop start nature of the restrictions and lockdowns has resulted in
many businesses struggling to make ends meet or, in the worst case, failing and going bust.
Many individual restaurants and local restaurant chains having expanded dramatically
during the last 5 years as the sector boomed leaving themselves cruelly exposed when their
income has devastated by the pandemic. This is a major problem for a city like Liverpool
that depends hugely on its reputation as being a lively, vibrant location to live, work and play.
Turning the problem on its head however, highlights that this may ultimately become a
positive rather than a negative. Many northern cities rely on their strong institutional
employers (banks, solicitors, accountants etc) something that Liverpool does not. Whilst
these other northern cities may take a lot longer to recover (as workers take their time to
return to offices and companies reduce their office space), Liverpool can continue to offer to
its residents, workers, and visitors a wonderful range of restaurants, bars, cafes and culture.
Yes, we will lose some great businesses before we emerge from the lockdown, but the city’s
reputation and attractiveness are too strong for it not to recover, especially as many
customers will be looking to make up for the last 12 months!
Students
Students have also been hit particularly hard by the pandemic with stop start education,
broken promises and even accommodation lockdowns! The city relies on overseas students
nearly as much as any other in the UK and international travel has been almost impossible
during the last 9/12 months. Whilst student numbers have been affected for 20/21 there will
be an even larger number of students looking to take up studies in 21/22, assuming we have
seen the back of the virus by then. At this point we strongly believe that we will see the
continued rise in both student numbers and the city’s reputation as one of the best value,
vibrant and most popular places to study in the UK.Value for money We have mentioned before that there has been a “rush” by many buyers and tenants to the suburbs. We would be the first to understand the attraction of the leafy suburbs during lockdowns, when shops and restaurants are closed, and people are working from home. We would disagree however, that Liverpool city centre does not offer many of these attractions itself with numerous parks and our wonderful river frontage offering plenty of space to exercise without the crowds. Whilst we have seen some tenants move back home or to the suburbs it is substantially lower than many commentators would have you believe! This flight to the suburbs has pushed prices of both house sales and rentals substantially higher and certainly way beyond where we would have expected them to be when we had our first lockdown in March 2020. When the lockdowns are over, and some normality returns both buyers and tenants will begin to realize the value the city offers in relation to the suburbs. There was already a decent gap between the two and this has only been growing during the last 6 months. Judging by the performance of the sales market during the last 6 months many buyers are already trying to take advantage of this (accepting that this has been driven by the stamp duty holiday offered by the chancellor). Tenants will no doubt follow during 2021 especially as house prices have become ever more unaffordable to many during the pandemic. Entrepreneurial The final point which we think will help the city recover is also perhaps the most important. Liverpool has gone from being a troubled city to a great city over the last 20 years (we’ve been here for all that time and can remember the bad old days!) and has discovered the benefits of its hard work, investment and endeavors. A huge element of the city’s renaissance has been due to the entrepreneurial spirt that lives in the city. Whilst we may not have the huge employers, corporate HQ’s and institutional strength many UK cities do have, we have a real belief that our entrepreneurial spirit and SME business growth we have seen over the last 5/10 year will continue post lockdown. Whilst we are optimistic that the city will recover, we certainly do not underestimate the challenges ahead. We have said before, and will reiterate, that continual or further lockdowns could tip the balance against many of those entrepreneurial business owners, even the most determined and optimistic ones! We also have our own challenges, not least the political mess that exploded during the last quarter when Mayor Joe Anderson was arrested and subsequently bailed on the 4th December in connection with bribery/witness intimidation. The potential risk of damage to the reputation of the city is obvious and is something we could most certainly do without at this time when the city has more pressing challenges to deal with! Whilst writing we hope that you, your family, and your friends are all safe, healthy and manding to deal with these challenging times as well as you can and hope that 2021 becomes the year when we emerge from one of the darkest and most challenging times in living memory. Alan Bevan Managing Director City Residential January 2021 0151 231 6100/07970 498187 alan.bevan@cityresidential.co.uk www.cityresidential.co.uk NEXT ISSUE: April 2021
OUR CHOSEN CHARITY
City Residential, Liverpool’s leading city centre residential agent have reinforced their long
term support for Claire House Children’s Hospice by agreeing to a once a year donation
based upon their annual operating profit. Their commitment, that will last indefinitely, sees
the firm donate 1% of their pre-tax profits to the Wirral based charity every year. Their first
donation saw them presenting a cheque in early 2015 for £3,812.50 to Helen Carlson at
Claire House with subsequent donations in 2016, 2017, 2018, 2019 totalling well over
£15,000
The ongoing donation from City Residential comes at an important time for Claire House
with them having just launched a Liverpool base at a former monastery on Honey’s Green
Lane in West Debry. Whilst initially the site – a former will offer day-care services,
counselling and complementary therapies, as well as hosting the mums, tots and babies
groups. The new hospice is in
addition to the current Claire
House Children’s Hospice
adjacent to Clatterbridge Hospital,
which is already at capacity and
difficult to reach for many parents.
More than half of the children who
use it come from the Liverpool
side of the Mersey.
“We have supported Claire House
for over 10 years and this long
term commitment is the least that
we can offer a charity that does
such wonderful work in looking
after children from all areas of The Northwest” commented Kerry Rogerson-Bevan director
of City Residential “Although there are other children’s hospice’s across the UK Claire House
is our local children’s hospice and their passion and long term commitment in providing care
to children with life limiting life threatening illnesses is second to none and deserves all of
our support”
In November 2019, we were part of a team that scaled the mighty
Kilimanjaro for Clare House. Together with trekkers from
Bruntwood, Box Clever, Urban Splash, K2 architects and BAE
Systems we raised well nearly £30,000 by taking the Lemosho
route to the peak which stands at nearly 6,000m. The trek was
organised by 360 Expeditions one of
the UK’s market leaders in trekking
and mountaineering trips around the globe. The trip was headed
up by Keith White of 360 on his 2nd trip to climb Africa’s highest
mountain and the highest freestanding mountain in the world.
We were blessed with good weather throughout the tip but it was
still an extremely difficult challenge which we were all glad to
have conquered.You can also read
