Alliance Investments is offering a new scheme of 67 apartments in the Easton suburb of Bristol, and suggests it’s ripe for savvy investors.
Alliance says rents in the city have increased 41% over the past five years with capital appreciation expected to be 17% by 2027. “The supply of available housing is nowhere near enough to meet demand” the developer claims.
The properties are on the site of the former Elizabeth Shaw chocolate factory and the scheme – with starting prices from £245,000 – will include a cafe and bar, a gymnasium, and a community hub to serve the surrounding area.
“Bristol is home to the second larges office market in southern England outside of London, a growing 70,000 student population, one of the fastest growing economies in the UK work £15 billion and suffers from a shortage of stock which has forced rents to rise by a record 41% in the past five years” says the developer.
And it adds that the scheme’s BS5 postcode is popular “due to its proximity to the city centre, outstanding primary schools, an eclectic and friendly community and an array of local independent businesses, representing the best of Bristol’s enterprising spirit.”
You can see more details of the scheme here: https://www.alliance-investments.com
